Landstar System is a dividend paying company with a current yield of 1.9% that is well covered by earnings. Next payment date is on 24th May, 2024 with an ex-dividend date of 7th May, 2024.
Key information
1.9%
Dividend yield
20%
Payout ratio
Industry average yield
4.6%
Next dividend pay date
24 May 24
Ex dividend date
07 May 24
Dividend per share
n/a
Earnings per share
€6.52
Dividend yield forecast in 3Y
0.8%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, LDS has been paying a dividend for less than 10 years.
Growing Dividend: LDS's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Landstar System Dividend Yield vs Market
How does LDS dividend yield compare to the market?
Segment
Dividend Yield
Company (LDS)
1.9%
Market Bottom 25% (DE)
1.7%
Market Top 25% (DE)
4.7%
Industry Average (Transportation)
4.6%
Analyst forecast in 3 Years (LDS)
0.8%
Notable Dividend: LDS's dividend (1.9%) is higher than the bottom 25% of dividend payers in the German market (1.67%).
High Dividend: LDS's dividend (1.9%) is low compared to the top 25% of dividend payers in the German market (4.7%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.8%), LDS's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32.3%), LDS's dividend payments are well covered by cash flows.