Louisiana-Pacific Dividends and Buybacks
Dividend criteria checks 2/6
Louisiana-Pacific is a dividend paying company with a current yield of 0.9% that is well covered by earnings. Next payment date is on 27th November, 2024 with an ex-dividend date of 20th November, 2024.
Key information
0.9%
Dividend yield
2.3%
Buyback Yield
| Total Shareholder Yield | 3.2% |
| Future Dividend Yield | 1.0% |
| Dividend Growth | -9.9% |
| Next dividend pay date | 27 Nov 24 |
| Ex dividend date | 20 Nov 24 |
| Dividend per share | €0.970 |
| Payout ratio | 17% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, LP3 has been paying a dividend for less than 10 years.
Growing Dividend: LP3's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Louisiana-Pacific Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LP3) | 0.9% |
| Market Bottom 25% (DE) | 1.8% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Forestry) | 3.8% |
| Analyst forecast (LP3) (up to 3 years) | 1.0% |
Notable Dividend: LP3's dividend (0.9%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: LP3's dividend (0.9%) 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 (17.4%), LP3's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (15.4%), LP3's dividend payments are well covered by cash flows.