Light (LGSXY) 3-Year Dividend Growth Rate : 0.00% (As of Dec. 2023)

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What is Light 3-Year Dividend Growth Rate?

Light's Dividends per Share for the three months ended in Dec. 2023 was $0.00.

The historical rank and industry rank for Light's 3-Year Dividend Growth Rate or its related term are showing as below:

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Light was 57.60% per year. The lowest was -63.00% per year. And the median was -8.00% per year.

LGSXY's 3-Year Dividend Growth Rate is not ranked ^*
in the Utilities - Independent Power Producers industry.
Industry Median: 7.4
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

During the past 12 months, Light's average Dividends Per Share Growth Rate was -100.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Light's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00. As of today, Light's Dividend Yield % is 0.00%.

For more information regarding to dividend, please check our Dividend Page.

Competitive Comparison of Light's 3-Year Dividend Growth Rate

For the Utilities - Renewable subindustry, Light's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Light's 3-Year Dividend Growth Rate Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Light's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Light's 3-Year Dividend Growth Rate falls into.

Light 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Light (OTCPK:LGSXY) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Light's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0	/	0.039
	=	0.00

During the past 13 years, the highest Dividend Payout Ratio of Light was 3.95. The lowest was 0.04. And the median was 0.41.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

During the past 13 years, the highest Dividend Yield of Light was 13.53%. The lowest was 0.00%. And the median was 4.51%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Light 3-Year Dividend Growth Rate Related Terms>

Light (LGSXY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Light SA (OTCPK:LGSXY) » Definitions » 3-Year Dividend Growth Rate

Traded in Other Exchanges

LIGT3:Brazil

Address

Rua Marechal Floriano, nº 168, block 1 – 2nd floor, Rio de Janeiro, RJ, BRA, 20080-002

Website

https://ri.light.com.br

Light SA is a Brazilian private-public utility of which the state-owned power company, CEMIG, wields a controlling stake. Headquartered in the city of Rio de Janeiro, Light primarily generates, distributes, and trades energy. To do this, the company owns and operates a portfolio of hydroelectric power plants that serve the Brazilian state of Rio de Janeiro. Light derives most of its revenue from the supplying of energy, with network usage and the construction of assets also bringing in substantial amounts of revenue. The vast majority of the company's customers are residential consumers. Larger commercial customers represent the second- largest group.