Lancaster Colony Dividend
Dividend criteria checks 5/6
Lancaster Colony is a dividend paying company with a current yield of 1.89% that is well covered by earnings.
Key information
1.9%
Dividend yield
74%
Payout ratio
Industry average yield | 3.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €4.68 |
Dividend yield forecast in 3Y | 2.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LC1's dividends per share have been stable in the past 10 years.
Growing Dividend: LC1's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Lancaster Colony Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (LC1) | 1.9% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.8% |
Industry Average (Food) | 3.8% |
Analyst forecast in 3 Years (LC1) | 2.1% |
Notable Dividend: LC1's dividend (1.89%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: LC1's dividend (1.89%) is low compared to the top 25% of dividend payers in the German market (4.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (73.5%), LC1's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (63.4%), LC1's dividend payments are covered by cash flows.