Lechwerke Dividend
Dividend criteria checks 5/6
Lechwerke is a dividend paying company with a current yield of 3.64% that is well covered by earnings. Next payment date is on 21st May, 2024 with an ex-dividend date of 16th May, 2024.
Key information
3.6%
Dividend yield
72%
Payout ratio
| Industry average yield | 5.8% |
| Next dividend pay date | 21 May 24 |
| Ex dividend date | 16 May 24 |
| Dividend per share | n/a |
| Earnings per share | €3.87 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Why Lechwerke's (FRA:LEC) Earnings Are Better Than They Seem
Mar 29
Lechwerke (FRA:LEC) Has Some Difficulty Using Its Capital Effectively
Jan 30Estimating The Fair Value Of Lechwerke AG (FRA:LEC)
Dec 14Returns On Capital At Lechwerke (FRA:LEC) Paint A Concerning Picture
Sep 28Returns On Capital At Lechwerke (FRA:LEC) Have Hit The Brakes
Nov 22Here's What's Concerning About Lechwerke's (FRA:LEC) Returns On Capital
Aug 08Lechwerke (FRA:LEC) Is Finding It Tricky To Allocate Its Capital
May 10Returns On Capital At Lechwerke (FRA:LEC) Paint A Concerning Picture
Jan 20Lechwerke (FRA:LEC) Could Be Struggling To Allocate Capital
Oct 06Lechwerke AG (FRA:LEC) Is Yielding 2.3% - But Is It A Buy?
May 05Will the Promising Trends At Lechwerke (FRA:LEC) Continue?
Mar 09Has Lechwerke AG (FRA:LEC) Stock's Recent Performance Got Anything to Do With Its Financial Health?
Feb 02Are Lechwerke's (FRA:LEC) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Jan 12
Lechwerke (FRA:LEC) Has Compensated Shareholders With A Respectable 68% Return On Their Investment
Dec 21Lechwerke AG (FRA:LEC) Has Got What It Takes To Be An Attractive Dividend Stock
Nov 30Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LEC's dividends per share have been stable in the past 10 years.
Growing Dividend: LEC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Lechwerke Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LEC) | 3.6% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.7% |
| Industry Average (Electric Utilities) | 5.8% |
| Analyst forecast in 3 Years (LEC) | n/a |
Notable Dividend: LEC's dividend (3.64%) is higher than the bottom 25% of dividend payers in the German market (1.67%).
High Dividend: LEC's dividend (3.64%) is low compared to the top 25% of dividend payers in the German market (4.7%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (72.4%), LEC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (47.3%), LEC's dividend payments are well covered by cash flows.