Luceco Dividend
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
59%
Payout ratio
Industry average yield | 1.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €0.078 |
Dividend yield forecast in 3Y | 4.4% |
Recent dividend 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 |
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Segment | Dividend Yield |
---|---|
Company (2LC) | 3.6% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.7% |
Industry Average (Electrical) | 1.8% |
Analyst forecast in 3 Years (2LC) | 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.