Leoch International Technology Dividend
Dividend criteria checks 3/6
Leoch International Technology is a dividend paying company with a current yield of 7.04% that is well covered by earnings. Next payment date is on 8th November, 2024 with an ex-dividend date of 14th October, 2024.
Key information
7.0%
Dividend yield
25%
Payout ratio
| Industry average yield | 1.7% |
| Next dividend pay date | 08 Nov 24 |
| Ex dividend date | 14 Oct 24 |
| Dividend per share | €0.110 |
| Earnings per share | €0.40 |
| Dividend yield forecast | 7.0% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 0LT has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 0LT's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Leoch International Technology Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (0LT) | 7.0% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.7% |
| Industry Average (Electrical) | 1.7% |
| Analyst forecast (0LT) (up to 3 years) | 7.0% |
Notable Dividend: 0LT's dividend (7.04%) is higher than the bottom 25% of dividend payers in the German market (1.59%).
High Dividend: 0LT's dividend (7.04%) is in the top 25% of dividend payers in the German market (4.71%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (25%), 0LT's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 0LT is paying a dividend but the company has no free cash flows.