LGI Dividend
Dividend criteria checks 1/6
LGI is a dividend paying company with a current yield of 0.92% that is well covered by earnings.
Key information
0.9%
Dividend yield
33%
Payout ratio
| Industry average yield | 3.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €0.026 |
| Earnings per share | €0.075 |
| Dividend yield forecast in 3Y | 1.2% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, VR4 has been paying a dividend for less than 10 years.
Growing Dividend: VR4's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| LGI Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (VR4) | 0.9% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.7% |
| Industry Average (Renewable Energy) | 3.8% |
| Analyst forecast in 3 Years (VR4) | 1.2% |
Notable Dividend: VR4's dividend (0.92%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.61%).
High Dividend: VR4's dividend (0.92%) is low compared to the top 25% of dividend payers in the German market (4.8%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.1%), VR4's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: VR4 is paying a dividend but the company has no free cash flows.