Livestock Improvement Corporation Limited

NZSE:LIC Stock Report

Market Cap: NZ$172.2m

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 yield9.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareNZ$0.16
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

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 increased 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)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.


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