Lake Area Corn Processors Dividend
Dividend criteria checks 4/6
Lake Area Corn Processors is a dividend paying company with a current yield of 13.16% that is well covered by earnings.
Key information
13.2%
Dividend yield
56%
Payout ratio
Industry average yield | 3.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$1.43 |
Dividend yield forecast in 3Y | n/a |
Recent dividend 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 6 years.
Dividend Yield vs Market
Lake Area Corn Processors Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (LKCR.U) | 13.2% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.8% |
Industry Average (Oil and Gas) | 3.9% |
Analyst forecast in 3 Years (LKCR.U) | n/a |
Notable Dividend: LKCR.U's dividend (13.16%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: LKCR.U's dividend (13.16%) is in the top 25% of dividend payers in the US market (4.78%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.9%), LKCR.U's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (43.1%), LKCR.U's dividend payments are well covered by cash flows.