Linamar Dividends and Buybacks
Dividend criteria checks 4/6
Linamar is a dividend paying company with a current yield of 1.64% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 22nd November, 2024.
Key information
1.6%
Dividend yield
-0.06%
Buyback Yield
| Total Shareholder Yield | 1.6% |
| Future Dividend Yield | 1.8% |
| Dividend Growth | 8.4% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 22 Nov 24 |
| Dividend per share | US$0.728 |
| Payout ratio | 3% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LIMA.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: LIMA.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Linamar Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LIMA.F) | 1.6% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Auto Components) | 2.3% |
| Analyst forecast (LIMA.F) (up to 3 years) | 1.8% |
Notable Dividend: LIMA.F's dividend (1.64%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: LIMA.F's dividend (1.64%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (2.6%), LIMA.F's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (18%), LIMA.F's dividend payments are well covered by cash flows.