LH Financial Group Dividend
Dividend criteria checks 2/6
LH Financial Group is a dividend paying company with a current yield of 3.06% that is well covered by earnings. Next payment date is on 17th May, 2024 with an ex-dividend date of 29th April, 2024.
Key information
3.1%
Dividend yield
35%
Payout ratio
Industry average yield | 6.4% |
Next dividend pay date | 17 May 24 |
Ex dividend date | 29 Apr 24 |
Dividend per share | n/a |
Earnings per share | €0.086 |
Dividend yield forecast in 3Y | 3.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6LH's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6LH's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
LH Financial Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (6LH) | 3.1% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.7% |
Industry Average (Banks) | 6.4% |
Analyst forecast in 3 Years (6LH) | 3.1% |
Notable Dividend: 6LH's dividend (3.06%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: 6LH's dividend (3.06%) is low compared to the top 25% of dividend payers in the German market (4.77%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (34.8%), 6LH's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.