Livestock Improvement Dividend
Dividend criteria checks 3/6
Livestock Improvement is a dividend paying company with a current yield of 13.54%.
Key information
13.5%
Dividend yield
102%
Payout ratio
Industry average yield | 9.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | NZ$0.16 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Solid Earnings May Not Tell The Whole Story For Livestock Improvement (NZSE:LIC)
Jan 31Investors Don't See Light At End Of Livestock Improvement Corporation Limited's (NZSE:LIC) Tunnel
Jan 25Should You Be Adding Livestock Improvement (NZSE:LIC) To Your Watchlist Today?
Dec 09Livestock Improvement (NZSE:LIC) Has Announced That Its Dividend Will Be Reduced To NZ$0.13
Jul 25A Look At The Intrinsic Value Of Livestock Improvement Corporation Limited (NZSE:LIC)
Jul 22Livestock Improvement (NZSE:LIC) Has Compensated Shareholders With A Respectable 92% Return On Their Investment
Jan 20Are Livestock Improvement's (NZSE:LIC) Statutory Earnings A Good Guide To Its Underlying Profitability?
Nov 26Stability 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 increased over the past 10 years.
Dividend Yield vs Market
Livestock Improvement Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (LIC) | 13.5% |
Market Bottom 25% (NZ) | 3.2% |
Market Top 25% (NZ) | 7.0% |
Industry Average (Food) | 9.7% |
Analyst forecast in 3 Years (LIC) | n/a |
Notable Dividend: LIC's dividend (13.54%) is higher than the bottom 25% of dividend payers in the NZ market (3.22%).
High Dividend: LIC's dividend (13.54%) is in the top 25% of dividend payers in the NZ market (6.96%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (102.5%), LIC's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: LIC is paying a dividend but the company has no free cash flows.