Lectra Dividend
Dividend criteria checks 3/6
Lectra is a dividend paying company with a current yield of 1.12% that is well covered by earnings. Next payment date is on 3rd May, 2024 with an ex-dividend date of 30th April, 2024.
Key information
1.1%
Dividend yield
41%
Payout ratio
Industry average yield | 1.2% |
Next dividend pay date | 03 May 24 |
Ex dividend date | 30 Apr 24 |
Dividend per share | n/a |
Earnings per share | €0.88 |
Dividend yield forecast in 3Y | 4.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LET's dividend payments have been volatile in the past 10 years.
Growing Dividend: LET's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Lectra Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (LET) | 1.1% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.8% |
Industry Average (Software) | 1.2% |
Analyst forecast in 3 Years (LET) | 4.0% |
Notable Dividend: LET's dividend (1.12%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: LET's dividend (1.12%) is low compared to the top 25% of dividend payers in the German market (4.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (40.7%), LET's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.1%), LET's dividend payments are well covered by cash flows.