Litgrid Dividends and Buybacks
Dividend criteria checks 3/6
Litgrid is a dividend paying company with a current yield of 7.95% that is well covered by earnings.
Key information
7.9%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -2.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €0.058 |
| Payout ratio | 80% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LGD1L's dividend payments have been volatile in the past 10 years.
Growing Dividend: LGD1L's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Litgrid Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LGD1L) | 7.9% |
| Market Bottom 25% (LT) | 3.9% |
| Market Top 25% (LT) | 7.3% |
| Industry Average (Electric Utilities) | 4.8% |
| Analyst forecast (LGD1L) (up to 3 years) | n/a |
Notable Dividend: LGD1L's dividend (7.95%) is higher than the bottom 25% of dividend payers in the LT market (3.88%).
High Dividend: LGD1L's dividend (7.95%) is in the top 25% of dividend payers in the LT market (7.25%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (79.6%), LGD1L's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: LGD1L is paying a dividend but the company has no free cash flows.