Les Moulins de la Concorde Ltée Dividend
Dividend criteria checks 3/6
Les Moulins de la Concorde Ltée is a dividend paying company with a current yield of 5.07% that is well covered by earnings.
Key information
5.1%
Dividend yield
22%
Payout ratio
Industry average yield | 4.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | MU₨15.86 |
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, LMLC.I0000 has been paying a dividend for less than 10 years.
Growing Dividend: LMLC.I0000's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
Les Moulins de la Concorde Ltée Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (LMLC.I0000) | 5.1% |
Market Bottom 25% (MU) | 3.7% |
Market Top 25% (MU) | 6.4% |
Industry Average (Food) | 4.5% |
Analyst forecast in 3 Years (LMLC.I0000) | n/a |
Notable Dividend: LMLC.I0000's dividend (5.07%) is higher than the bottom 25% of dividend payers in the MU market (3.66%).
High Dividend: LMLC.I0000's dividend (5.07%) is low compared to the top 25% of dividend payers in the MU market (6.39%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.1%), LMLC.I0000's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (46%), LMLC.I0000's dividend payments are well covered by cash flows.