Landstar System Dividends and Buybacks
Dividend criteria checks 5/6
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 10th December, 2024 with an ex-dividend date of 19th November, 2024.
Key information
1.9%
Dividend yield
1.9%
Buyback Yield
| Total Shareholder Yield | 3.8% |
| Future Dividend Yield | 0.8% |
| Dividend Growth | 18.3% |
| Next dividend pay date | 10 Dec 24 |
| Ex dividend date | 19 Nov 24 |
| Dividend per share | €3.170 |
| Payout ratio | 23% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LDS's dividends per share have been stable in the past 10 years.
Growing Dividend: LDS's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Landstar System Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LDS) | 1.9% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Transportation) | 4.6% |
| Analyst forecast (LDS) (up to 3 years) | 0.8% |
Notable Dividend: LDS's dividend (1.9%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: LDS's dividend (1.9%) 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 (23.2%), LDS's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (43.3%), LDS's dividend payments are well covered by cash flows.