Lasco Manufacturing Dividend
Dividend criteria checks 3/6
Lasco Manufacturing is a dividend paying company with a current yield of 2.17% that is well covered by earnings.
Key information
2.2%
Dividend yield
20%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | JA$0.59 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, LASM has been paying a dividend for less than 10 years.
Growing Dividend: LASM's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Lasco Manufacturing Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (LASM) | 2.2% |
Market Bottom 25% (JM) | 1.7% |
Market Top 25% (JM) | 3.3% |
Industry Average (Food) | 2.0% |
Analyst forecast in 3 Years (LASM) | n/a |
Notable Dividend: LASM's dividend (2.17%) is higher than the bottom 25% of dividend payers in the JM market (1.65%).
High Dividend: LASM's dividend (2.17%) is low compared to the top 25% of dividend payers in the JM market (3.33%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.5%), LASM's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (20.1%), LASM's dividend payments are well covered by cash flows.