Lassonde Industries Dividends and Buybacks
Dividend criteria checks 4/6
Lassonde Industries is a dividend paying company with a current yield of 2.27% that is well covered by earnings. Next payment date is on 13th December, 2024 with an ex-dividend date of 20th November, 2024.
Key information
2.3%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 2.5% |
| Future Dividend Yield | 3.4% |
| Dividend Growth | 8.2% |
| Next dividend pay date | 13 Dec 24 |
| Ex dividend date | 20 Nov 24 |
| Dividend per share | US$2.970 |
| Payout ratio | 22% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LSDA.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: LSDA.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Lassonde Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LSDA.F) | 2.3% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Food) | 3.3% |
| Analyst forecast (LSDA.F) (up to 3 years) | 3.4% |
Notable Dividend: LSDA.F's dividend (2.27%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: LSDA.F's dividend (2.27%) 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 (22.1%), LSDA.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (25.5%), LSDA.F's dividend payments are well covered by cash flows.