LINTEC Dividends and Buybacks
Dividend criteria checks 4/6
LINTEC is a dividend paying company with a current yield of 3.25% that is well covered by earnings. Next payment date is on 29th November, 2024 with an ex-dividend date of 27th September, 2024.
Key information
3.2%
Dividend yield
0.0009%
Buyback Yield
| Total Shareholder Yield | 3.2% |
| Future Dividend Yield | 3.9% |
| Dividend Growth | 5.4% |
| Next dividend pay date | 29 Nov 24 |
| Ex dividend date | 27 Sep 24 |
| Dividend per share | €0.604 |
| Payout ratio | 21% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 57T's dividend payments have been volatile in the past 10 years.
Growing Dividend: 57T's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| LINTEC Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (57T) | 3.2% |
| Market Bottom 25% (DE) | 1.8% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Chemicals) | 5.3% |
| Analyst forecast (57T) (up to 3 years) | 3.9% |
Notable Dividend: 57T's dividend (3.25%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: 57T's dividend (3.25%) is low compared to the top 25% of dividend payers in the German market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.4%), 57T's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (43.9%), 57T's dividend payments are well covered by cash flows.