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 5.14% that is well covered by earnings.
Key information
5.1%
Dividend yield
22%
Payout ratio
| Industry average yield | 6.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | MU₨3.750 |
| Earnings per share | MU₨16.52 |
| Dividend yield forecast | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, LMLC.J0000 has been paying a dividend for less than 10 years.
Growing Dividend: LMLC.J0000'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.J0000) | 5.1% |
| Market Bottom 25% (MU) | 3.7% |
| Market Top 25% (MU) | 5.9% |
| Industry Average (Food) | 6.0% |
| Analyst forecast (LMLC.J0000) (up to 3 years) | n/a |
Notable Dividend: LMLC.J0000's dividend (5.14%) is higher than the bottom 25% of dividend payers in the MU market (3.68%).
High Dividend: LMLC.J0000's dividend (5.14%) is low compared to the top 25% of dividend payers in the MU market (5.85%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.1%), LMLC.J0000's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (9.8%), LMLC.J0000's dividend payments are thoroughly covered by cash flows.