Lake Area Corn Processors Dividends and Buybacks
Dividend criteria checks 4/6
Lake Area Corn Processors is a dividend paying company with a current yield of 13.33% that is well covered by earnings.
Key information
13.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 19.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.800 |
| Payout ratio | 79% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LKCR.U has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: LKCR.U's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Lake Area Corn Processors Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LKCR.U) | 13.3% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Oil and Gas) | 3.8% |
| Analyst forecast (LKCR.U) (up to 3 years) | n/a |
Notable Dividend: LKCR.U's dividend (13.33%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: LKCR.U's dividend (13.33%) is in the top 25% of dividend payers in the US market (4.32%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (78.8%), LKCR.U's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (41.4%), LKCR.U's dividend payments are well covered by cash flows.