Luceco Dividends and Buybacks
Dividend criteria checks 3/6
Luceco is a dividend paying company with a current yield of 3.64% that is well covered by earnings.
Key information
3.6%
Dividend yield
0.05%
Buyback Yield
| Total Shareholder Yield | 3.7% |
| Future Dividend Yield | 4.4% |
| Dividend Growth | 39.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 59% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2LC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2LC's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Luceco Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2LC) | 3.6% |
| Market Bottom 25% (DE) | 1.8% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Electrical) | 1.7% |
| Analyst forecast (2LC) (up to 3 years) | 4.4% |
Notable Dividend: 2LC's dividend (3.64%) is higher than the bottom 25% of dividend payers in the German market (1.58%).
High Dividend: 2LC's dividend (3.64%) is low compared to the top 25% of dividend payers in the German market (4.89%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58.8%), 2LC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (25.3%), 2LC's dividend payments are well covered by cash flows.