Lavastone Dividend
Dividend criteria checks 3/6
Lavastone is a dividend paying company with a current yield of 5.38% that is well covered by earnings.
Key information
5.4%
Dividend yield
21%
Payout ratio
Industry average yield | 5.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | MU₨0.33 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LAVA.I0000 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: LAVA.I0000's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
Lavastone Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (LAVA.I0000) | 5.4% |
Market Bottom 25% (MU) | 3.3% |
Market Top 25% (MU) | 6.1% |
Industry Average (Real Estate) | 5.4% |
Analyst forecast in 3 Years (LAVA.I0000) | n/a |
Notable Dividend: LAVA.I0000's dividend (5.38%) is higher than the bottom 25% of dividend payers in the MU market (3.33%).
High Dividend: LAVA.I0000's dividend (5.38%) is low compared to the top 25% of dividend payers in the MU market (6.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.1%), LAVA.I0000's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (23.2%), LAVA.I0000's dividend payments are well covered by cash flows.