Lasco Distributors Dividend
Dividend criteria checks 2/6
Lasco Distributors is a dividend paying company with a current yield of 2.39% that is well covered by earnings.
Key information
2.4%
Dividend yield
29%
Payout ratio
| Industry average yield | 2.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | JA$0.110 |
| Earnings per share | JA$0.39 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LASD has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: LASD's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Lasco Distributors Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LASD) | 2.4% |
| Market Bottom 25% (JM) | 1.8% |
| Market Top 25% (JM) | 3.4% |
| Industry Average (Consumer Retailing) | 2.7% |
| Analyst forecast (LASD) (up to 3 years) | n/a |
Notable Dividend: LASD's dividend (2.39%) is higher than the bottom 25% of dividend payers in the JM market (1.85%).
High Dividend: LASD's dividend (2.39%) is low compared to the top 25% of dividend payers in the JM market (3.36%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.9%), LASD's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: LASD is paying a dividend but the company has no free cash flows.