Livestock Improvement Dividend
Dividend criteria checks 2/6
Livestock Improvement is a dividend paying company with a current yield of 4.95%. Next payment date is on 16th August, 2024 with an ex-dividend date of 1st August, 2024.
Key information
5.0%
Dividend yield
117%
Payout ratio
| Industry average yield | 8.7% |
| Next dividend pay date | 16 Aug 24 |
| Ex dividend date | 01 Aug 24 |
| Dividend per share | NZ$0.0584 |
| Earnings per share | NZ$0.054 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Livestock Improvement (NZSE:LIC) Is Reducing Its Dividend To NZ$0.0584
Jul 24
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 20
Are Livestock Improvement's (NZSE:LIC) Statutory Earnings A Good Guide To Its Underlying Profitability?
Nov 26Upcoming Dividend Payment
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LIC) | 5.0% |
| Market Bottom 25% (NZ) | 3.4% |
| Market Top 25% (NZ) | 6.6% |
| Industry Average (Food) | 8.7% |
| Analyst forecast in 3 Years (LIC) | n/a |
Notable Dividend: LIC's dividend (4.95%) is higher than the bottom 25% of dividend payers in the NZ market (3.39%).
High Dividend: LIC's dividend (4.95%) is low compared to the top 25% of dividend payers in the NZ market (6.63%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (116.8%), LIC's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (67.1%), LIC's dividend payments are covered by cash flows.