Lasco Distributors Dividend
Dividend criteria checks 3/6
Lasco Distributors is a dividend paying company with a current yield of 1.96% that is well covered by earnings.
Key information
2.0%
Dividend yield
22%
Payout ratio
Industry average yield | 2.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JA$0.46 |
Dividend yield forecast in 3Y | 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 |
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Segment | Dividend Yield |
---|---|
Company (LASD) | 2.0% |
Market Bottom 25% (JM) | 1.7% |
Market Top 25% (JM) | 3.3% |
Industry Average (Consumer Retailing) | 2.9% |
Analyst forecast in 3 Years (LASD) | n/a |
Notable Dividend: LASD's dividend (1.96%) is higher than the bottom 25% of dividend payers in the JM market (1.72%).
High Dividend: LASD's dividend (1.96%) is low compared to the top 25% of dividend payers in the JM market (3.28%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22%), LASD's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.3%), LASD's dividend payments are well covered by cash flows.