Línea Directa Aseguradora Compañía de Seguros y Reaseguros Dividend
Dividend criteria checks 1/6
Línea Directa Aseguradora Compañía de Seguros y Reaseguros is a dividend paying company with a current yield of 4.23%. Next payment date is on 1st August, 2024 with an ex-dividend date of 30th July, 2024.
Key information
4.2%
Dividend yield
-1,072%
Payout ratio
| Industry average yield | 5.0% |
| Next dividend pay date | 01 Aug 24 |
| Ex dividend date | 30 Jul 24 |
| Dividend per share | €0.0485 |
| Earnings per share | €0.033 |
| Dividend yield forecast in 3Y | 5.7% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LDA has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: LDA has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Línea Directa Aseguradora Compañía de Seguros y Reaseguros Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LDA) | 4.2% |
| Market Bottom 25% (ES) | 2.4% |
| Market Top 25% (ES) | 5.4% |
| Industry Average (Insurance) | 5.0% |
| Analyst forecast in 3 Years (LDA) | 5.7% |
Notable Dividend: LDA's dividend (4.23%) is higher than the bottom 25% of dividend payers in the Spanish market (2.33%).
High Dividend: LDA's dividend (4.23%) is low compared to the top 25% of dividend payers in the Spanish market (5.36%).
Earnings Payout to Shareholders
Earnings Coverage: LDA is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (130.7%), LDA's dividend payments are not well covered by cash flows.