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LSTR (Landstar System) Dividend Payout Ratio : 0.27 (As of Sep. 2024)


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What is Landstar System Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Landstar System's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.27.

The historical rank and industry rank for Landstar System's Dividend Payout Ratio or its related term are showing as below:

LSTR' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.1   Max: 0.24
Current: 0.24


During the past 13 years, the highest Dividend Payout Ratio of Landstar System was 0.24. The lowest was 0.09. And the median was 0.10.

LSTR's Dividend Payout Ratio is ranked better than
75.26% of 570 companies
in the Transportation industry
Industry Median: 0.39 vs LSTR: 0.24

As of today (2024-12-13), the Dividend Yield % of Landstar System is 0.75%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Landstar System was 0.78%. The lowest was 0.26%. And the median was 0.56%.

Landstar System's Dividends per Share for the months ended in Sep. 2024 was $0.36.

During the past 12 months, Landstar System's average Dividends Per Share Growth Rate was 9.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 16.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 15.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Landstar System was 45.80% per year. The lowest was 7.40% per year. And the median was 14.55% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Landstar System Dividend Payout Ratio Historical Data

The historical data trend for Landstar System's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Landstar System Dividend Payout Ratio Chart

Landstar System Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.15 0.09 0.09 0.18

Landstar System Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.20 0.21 0.27 0.24 0.27

Competitive Comparison of Landstar System's Dividend Payout Ratio

For the Integrated Freight & Logistics subindustry, Landstar System's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.


Landstar System's Dividend Payout Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Landstar System's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Landstar System's Dividend Payout Ratio falls into.



Landstar System Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Landstar System's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=1.26/ 7.145
=0.18

Landstar System's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=0.36/ 1.324
=0.27

* 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.


Landstar System (NAS:LSTR) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Landstar System Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Landstar System's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Landstar System Business Description

Traded in Other Exchanges
Address
13410 Sutton Park Drive South, Jacksonville, FL, USA, 32224
Landstar System is an agent based asset-light third-party logistics provider focused on domestic truck brokerage (90% of revenue). Historically, around half of its truck transportation freight is hauled by leased owner-operators with the remainder hauled by third-party broker-carriers. To a smaller degree, it offers intermodal, global air and ocean forwarding, and warehousing services. Landstar also runs a small business that offers insurance programs to captive owner-operators. It has a long history of industry-leading execution and operating profitability.
Executives
James P Todd officer: VP and CFO 13410 SUTTON PARK DRIVE SOUTH, JACKSONVILLE FL 32224
David G/ Bannister director C/O LANDSTAR SYSTEM INC, 13410 SUTTON PARK DR S, JACKSONVILLE FL 32224
Ricardo S Coro officer: Vice President - CIO 13410 SUTTON PARK DRIVE SOUTH, JACKSONVILLE FL 32224
Michael K Kneller officer: VP General Counsel & Secy 13410 SUTTON PARK DRIVE SOUTH, JACKSONVILLE FL 32224
Joseph J Beacom officer: VP, Chief Safety Officer 13410 SUTTON PARK DRIVE SOUTH, JACKSONVILLE FL 32224
James B Gattoni officer: Vice President - Controller 13410 SUTTON PARK DRIVE SOUTH, JACKSONVILLE FL 32224
Aimee M Cooper officer: VP & CAO 13410 SUTTON PARK DRIVE SOUTH, JACKSONVILLE FL 32224
Teresa L White director 1932 WYNNTON RD, COLUMBUS GA 31999
James L Liang director C/O LENCO MOBILE INC., 345 CHAPALA STREET, SANTA BARBARA CA 93101
Federico L Pensotti officer: VP and CFO 13410 SUTTON PARK DRIVE SOUTH, JACKSONVILLE FL 32224
L Kevin Stout officer: VP, CFO and Asst Secretary 13410 SUTTON PARK DRIVE SOUTH, JACKSONVILLE FL 32224
Dr. Homaira Akbari director 13410 SUTTON PARK DRIVE SOUTH, JACKSONVILLE FL 32224
Larry J Thoele director 13410 SUTTON PARK DRIVE SOUTH, JACKSONVILLE FL 32224
Diana M Murphy director C/O LANDSTAR SYSTEM INC, 13410 SUTTON PARK DR S, JACKSONVILLE FL 32224
Anthony J Orlando director TWO NORTH RIVERSIDE PLAZA, STE 600, CHICAGO IL 60606