Luceco Dividends and Buybacks
Dividend criteria checks 3/6
Luceco is a dividend paying company with a current yield of 3.82% that is well covered by earnings.
Key information
3.8%
Dividend yield
3.2%
Buyback Yield
| Total Shareholder Yield | 7.0% |
| Future Dividend Yield | 4.3% |
| Dividend Growth | 29.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | UK£0.049 |
| Payout ratio | 41% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LUCEL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: LUCEL's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Luceco Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LUCEL) | 3.8% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.8% |
| Industry Average (Electrical) | 2.4% |
| Analyst forecast (LUCEL) (up to 3 years) | 4.3% |
Notable Dividend: LUCEL's dividend (3.82%) is higher than the bottom 25% of dividend payers in the UK market (2.09%).
High Dividend: LUCEL's dividend (3.82%) is low compared to the top 25% of dividend payers in the UK market (5.81%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.4%), LUCEL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (28.1%), LUCEL's dividend payments are well covered by cash flows.