Lindab International is a dividend paying company with a current yield of 2.57% that is well covered by earnings. Next payment date is on 21st May, 2024 with an ex-dividend date of 15th May, 2024.
Key information
2.6%
Dividend yield
53%
Payout ratio
Industry average yield
4.9%
Next dividend pay date
21 May 24
Ex dividend date
15 May 24
Dividend per share
n/a
Earnings per share
€10.23
Dividend yield forecast in 3Y
2.8%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, L5E has been paying a dividend for less than 10 years.
Growing Dividend: L5E's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Lindab International Dividend Yield vs Market
How does L5E dividend yield compare to the market?
Segment
Dividend Yield
Company (L5E)
2.6%
Market Bottom 25% (DE)
1.7%
Market Top 25% (DE)
4.7%
Industry Average (Building)
4.9%
Analyst forecast in 3 Years (L5E)
2.8%
Notable Dividend: L5E's dividend (2.57%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: L5E's dividend (2.57%) is low compared to the top 25% of dividend payers in the German market (4.67%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.7%), L5E's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.8%), L5E's dividend payments are well covered by cash flows.