Ledyard Financial Group Dividends and Buybacks
Dividend criteria checks 4/6
Ledyard Financial Group is a dividend paying company with a current yield of 5.6%. Next payment date is on 6th December, 2024 with an ex-dividend date of 15th November, 2024.
Key information
5.6%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 5.9% |
| Future Dividend Yield | n/a |
| Dividend Growth | 4.2% |
| Next dividend pay date | 06 Dec 24 |
| Ex dividend date | 15 Nov 24 |
| Dividend per share | US$0.840 |
| Payout ratio | 136% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LFGP's dividends per share have been stable in the past 10 years.
Growing Dividend: LFGP's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Ledyard Financial Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LFGP) | 5.6% |
| Market Bottom 25% (US) | 1.3% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (LFGP) (up to 3 years) | n/a |
Notable Dividend: LFGP's dividend (5.6%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: LFGP's dividend (5.6%) is in the top 25% of dividend payers in the US market (4.2%)
Current Payout to Shareholders
Earnings Coverage: With its high payout ratio (135.9%), LFGP's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.