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Logistec (TSX:LGT.A) 3-Year Dividend Growth Rate : 5.40% (As of Sep. 2023)


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What is Logistec 3-Year Dividend Growth Rate?

Logistec's Dividends per Share for the three months ended in Sep. 2023 was C$0.12.

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

TSX:LGT.A' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -29.8   Med: 6.05   Max: 39.2
Current: 5.4

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Logistec was 39.20% per year. The lowest was -29.80% per year. And the median was 6.05% per year.

TSX:LGT.A's 3-Year Dividend Growth Rate is not ranked
in the Transportation industry.
Industry Median: 12.85 vs TSX:LGT.A: 5.40

During the past 12 months, Logistec's average Dividends Per Share Growth Rate was 14.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.90% 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.

Logistec's Dividend Payout Ratio for the three months ended in Sep. 2023 was 0.08. As of today, Logistec's Dividend Yield % is 0.74%.

Warning Sign:

Logistec Corp stock dividend yield is close to 5-year low.

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


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

For the Marine Shipping subindustry, Logistec'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.


Logistec's 3-Year Dividend Growth Rate Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Logistec's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Logistec 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.


Logistec  (TSX:LGT.A) 3-Year Dividend Growth Rate Explanation

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

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

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2023 )/ EPS without NRI (Q: Sep. 2023 )
=0.118/ 1.43
=0.08

During the past 13 years, the highest Dividend Payout Ratio of Logistec was 0.22. The lowest was 0.09. And the median was 0.13.

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

Logistec Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.1180002024-01-022024-01-032024-01-17Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.1180002023-09-212023-09-222023-10-06Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.1180002023-06-212023-06-222023-07-07Cash DividendquarterlyCAD:CAD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Logistec's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.354/63.70
=0.56 %

Current Share Price is C$63.70.
Logistec's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.354.

During the past 13 years, the highest Dividend Yield of Logistec was 1.54%. The lowest was 0.39%. And the median was 0.80%.

Warning Sign:

Logistec Corp stock dividend yield is close to 5-year low.

* 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.


Logistec 3-Year Dividend Growth Rate Related Terms>


Logistec (TSX:LGT.A) Business Description

Traded in Other Exchanges
Address
600 De La Gauchetiere Street West, 14th Floor, Montreal, QC, CAN, H3B 4L2
Logistec Corp provides specialized cargo handling and other services to a wide variety of marine, industrial and municipal customers. It has cargo handling facilities in ports across North America and offers marine agency services to foreign shipowners and operators serving the Canadian market. The company is widely diversified on the basis of cargo type and port location with a balance between import and export activities. The company is organized and operate in two industry segments: Marine services, and Environmental services. The Marine Services Segment which is the key revenue-generating segment provides cargo handling and other services to marine and industrial customers. It has a business presence in Canada and the US.

Logistec (TSX:LGT.A) Headlines

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