Les Moulins de la Concorde Ltée Dividends and Buybacks
Dividend criteria checks 3/6
Les Moulins de la Concorde Ltée is a dividend paying company with a current yield of 4.31% that is well covered by earnings.
Key information
4.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 10.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | MU₨3.750 |
| Payout ratio | 22% |
Recent dividend and buyback 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LMLC.I0000) | 4.3% |
| Market Bottom 25% (MU) | 3.6% |
| Market Top 25% (MU) | 6.0% |
| Industry Average (Food) | 5.1% |
| Analyst forecast (LMLC.I0000) (up to 3 years) | n/a |
Notable Dividend: LMLC.I0000's dividend (4.31%) is higher than the bottom 25% of dividend payers in the MU market (3.56%).
High Dividend: LMLC.I0000's dividend (4.31%) is low compared to the top 25% of dividend payers in the MU market (5.97%).
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 low cash payout ratio (9.8%), LMLC.I0000's dividend payments are thoroughly covered by cash flows.