Luceco Dividend

What is Luceco current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


8.18%

Current Dividend Yield

Dividend Yield vs Market

Luceco Dividend Yield vs Market
How does LUCE dividend yield compare to the market?
SegmentDividend Yield
Company (LUCE)8.2%
Market Bottom 25% (GB)1.9%
Market Top 25% (GB)5.7%
Industry Average (Electrical)2.3%
Analyst forecast in 3 Years (LUCE)4.3%

Notable Dividend: LUCE's dividend (8.18%) is higher than the bottom 25% of dividend payers in the UK market (1.93%).

High Dividend: LUCE's dividend (8.18%) is in the top 25% of dividend payers in the UK market (5.67%)


Stability and Growth of Payments

How stable has Luceco's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
12/31/20240.0341
12/31/20230.0363
12/31/20220.0393
11/28/20220.0718.18
9/7/20220.0718.32
3/23/20220.0816.75
9/8/20210.0732.36
3/23/20210.0621.73
9/8/20200.0321.34
4/23/2020-0
9/9/20190.0060.6
4/9/20190.0060.64
9/10/2018-0
4/30/2018-0
9/11/20170.0080.76
4/21/20170.0030.13
4/3/20170.0030.13

Stable Dividend: LUCE has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: LUCE's dividend payments have increased, but the company has only paid a dividend for 6 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (61.2%), LUCE's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (92.4%), LUCE's dividend payments are not well covered by cash flows.


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