Linamar Dividends and Buybacks
Dividend criteria checks 3/6
Linamar is a dividend paying company with a current yield of 1.62% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 22nd November, 2024.
Key information
1.6%
Dividend yield
-0.05%
Buyback Yield
| Total Shareholder Yield | 1.6% |
| Future Dividend Yield | 1.7% |
| Dividend Growth | 8.4% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 22 Nov 24 |
| Dividend per share | €1.000 |
| Payout ratio | 3% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LNR's dividend payments have been volatile in the past 10 years.
Growing Dividend: LNR's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Linamar Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LNR) | 1.6% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Auto Components) | 3.8% |
| Analyst forecast (LNR) (up to 3 years) | 1.7% |
Notable Dividend: LNR's dividend (1.62%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.71%).
High Dividend: LNR's dividend (1.62%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (2.6%), LNR's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (18%), LNR's dividend payments are well covered by cash flows.