Livestock Improvement Corporation Limited

NZSE:LIC Stock Report

Market Cap: NZ$149.5m

Livestock Improvement Dividends and Buybacks

Dividend criteria checks 3/6

Livestock Improvement is a dividend paying company with a current yield of 5.56% that is well covered by earnings.

Key information

5.6%

Dividend yield

-0.05%

Buyback Yield

Total Shareholder Yield5.5%
Future Dividend Yieldn/a
Dividend Growth-11.0%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareNZ$0.0584
Payout ratio51%

Recent dividend and buyback updates

Livestock Improvement (NZSE:LIC) Is Reducing Its Dividend To NZ$0.0584

Jul 24
Livestock Improvement (NZSE:LIC) Is Reducing Its Dividend To NZ$0.0584

Recent updates

Investors Can Find Comfort In Livestock Improvement's (NZSE:LIC) Earnings Quality

Aug 01
Investors Can Find Comfort In Livestock Improvement's (NZSE:LIC) Earnings Quality

Livestock Improvement (NZSE:LIC) Is Reducing Its Dividend To NZ$0.0584

Jul 24
Livestock Improvement (NZSE:LIC) Is Reducing Its Dividend To NZ$0.0584

Solid Earnings May Not Tell The Whole Story For Livestock Improvement (NZSE:LIC)

Jan 31
Solid Earnings May Not Tell The Whole Story For Livestock Improvement (NZSE:LIC)

Investors Don't See Light At End Of Livestock Improvement Corporation Limited's (NZSE:LIC) Tunnel

Jan 25
Investors Don't See Light At End Of Livestock Improvement Corporation Limited's (NZSE:LIC) Tunnel

Should You Be Adding Livestock Improvement (NZSE:LIC) To Your Watchlist Today?

Dec 09
Should You Be Adding Livestock Improvement (NZSE:LIC) To Your Watchlist Today?

Livestock Improvement (NZSE:LIC) Has Announced That Its Dividend Will Be Reduced To NZ$0.13

Jul 25
Livestock Improvement (NZSE:LIC) Has Announced That Its Dividend Will Be Reduced To NZ$0.13

A Look At The Intrinsic Value Of Livestock Improvement Corporation Limited (NZSE:LIC)

Jul 22
A Look At The Intrinsic Value Of Livestock Improvement Corporation Limited (NZSE:LIC)

Livestock Improvement (NZSE:LIC) Has Compensated Shareholders With A Respectable 92% Return On Their Investment

Jan 20
Livestock Improvement (NZSE:LIC) Has Compensated Shareholders With A Respectable 92% Return On Their Investment

Are Livestock Improvement's (NZSE:LIC) Statutory Earnings A Good Guide To Its Underlying Profitability?

Nov 26
Are Livestock Improvement's (NZSE:LIC) Statutory Earnings A Good Guide To Its Underlying Profitability?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: LIC's dividend payments have been volatile in the past 10 years.

Growing Dividend: LIC's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Livestock Improvement Dividend Yield vs Market
How does LIC dividend yield compare to the market?
SegmentDividend Yield
Company (LIC)5.6%
Market Bottom 25% (NZ)3.4%
Market Top 25% (NZ)6.2%
Industry Average (Food)7.5%
Analyst forecast (LIC) (up to 3 years)n/a

Notable Dividend: LIC's dividend (5.56%) is higher than the bottom 25% of dividend payers in the NZ market (3.36%).

High Dividend: LIC's dividend (5.56%) is low compared to the top 25% of dividend payers in the NZ market (6.23%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (50.6%), LIC's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (36.6%), LIC's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/06 02:31
End of Day Share Price 2025/02/05 00:00
Earnings2024/11/30
Annual Earnings2024/05/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Livestock Improvement Corporation Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.