Lassila & Tikanoja Oyj Dividend
Dividend criteria checks 4/6
Lassila & Tikanoja Oyj is a dividend paying company with a current yield of 4.34% that is well covered by earnings. Last payment was on 3rd April, 2023 with an ex-dividend date of 24th March, 2023.
Key information
4.3%
Dividend yield
57%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | 03 Apr 23 |
Ex dividend date | 24 Mar 23 |
Dividend per share | n/a |
Earnings per share | €0.83 |
Dividend yield forecast in 3Y | 4.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LAT1VH's dividend payments have been volatile in the past 10 years.
Growing Dividend: LAT1VH's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Lassila & Tikanoja Oyj Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (LAT1VH) | 4.3% |
Market Bottom 25% (GB) | 2.1% |
Market Top 25% (GB) | 5.7% |
Industry Average (Commercial Services) | 2.1% |
Analyst forecast in 3 Years (LAT1VH) | 4.6% |
Notable Dividend: LAT1VH's dividend (4.34%) is higher than the bottom 25% of dividend payers in the UK market (2.25%).
High Dividend: LAT1VH's dividend (4.34%) is low compared to the top 25% of dividend payers in the UK market (5.94%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56.9%), LAT1VH's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (47.2%), LAT1VH's dividend payments are well covered by cash flows.