GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Luminex Corp (NAS:LMNX) » Definitions » Dividend Payout Ratio

Luminex (Luminex) Dividend Payout Ratio : 0.53 (As of Mar. 2021)


View and export this data going back to 2000. Start your Free Trial

What is Luminex Dividend Payout Ratio?

Luminex's dividend payout ratio for the months ended in Mar. 2021 was 0.53.

Warning Sign:

If a company dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Luminex Corp is 0.76, which seems too high.

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

LMNX' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.59   Max: 1.16
Current: 0.76


During the past 13 years, the highest Dividend Payout Ratio of Luminex was 1.16. The lowest was 0.27. And the median was 0.59.

LMNX's Dividend Payout Ratio is not ranked
in the Medical Devices & Instruments industry.
Industry Median: 0.43 vs LMNX: 0.76

As of today (2024-05-13), the Dividend Yield % of Luminex is 1.05%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Luminex was 1.80%. The lowest was 0.29%. And the median was 1.04%.

Luminex's Dividends per Share for the months ended in Mar. 2021 was $0.10.

During the past 12 months, Luminex's average Dividends Per Share Growth Rate was 8.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 26.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Luminex was 26.00% per year. The lowest was 26.00% per year. And the median was 26.00% per year.

The growth rate is calculated with least square regression.

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


Luminex Dividend Payout Ratio Historical Data

The historical data trend for Luminex'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.

Luminex Dividend Payout Ratio Chart

Luminex Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.36 0.59 - 1.16

Luminex Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 9.00 0.33 2.25 10.00 0.53

Competitive Comparison of Luminex's Dividend Payout Ratio

For the Medical Instruments & Supplies subindustry, Luminex'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.


Luminex's Dividend Payout Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Luminex's Dividend Payout Ratio distribution charts can be found below:

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



Luminex Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Luminex's Dividend Payout Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2020 )/ EPS without NRI (A: Dec. 2020 )
=0.37/ 0.32
=1.16

Luminex's Dividend Payout Ratio for the quarter that ended in Mar. 2021 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2021 )/ EPS without NRI (Q: Mar. 2021 )
=0.1/ 0.19
=0.53

* 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.


Luminex (NAS:LMNX) Dividend Payout Ratio Explanation

In dividends investing, 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.


Luminex Dividend Payout Ratio Related Terms

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


Luminex (Luminex) Business Description

Traded in Other Exchanges
N/A
Address
12212 Technology Boulevard, Suite 130, Austin, TX, USA, 78727
Luminex Corp develops, manufactures, and sells proprietary biological testing technologies and products to testing laboratories. It primarily serves the life sciences industries by selling products used by laboratory professionals and clinical laboratories in performing diagnostics, drug research and discovery, and clinical tests on patients. Luminex's market segments mainly include Infectious disease, Personalized medicine, and Human genetics. It offers various solutions in diverse markets, including clinical diagnostics, pharmaceutical drug discovery, biomedical research, genomic and proteomic research, and food safety. The vast majority of the company's revenue is earned in the United States. The products offered are xMAP Products, ARIES Products and VERIGENE Products, among others.
Executives
Harriss T Currie officer: SVP, Finance & CFO 12212 TECHNOLOGY BOULEVARD AUSTIN TX 78727
Todd C. Bennett officer: SVP, Global Sales & Cust Ops 12212 TECHNOLOGY BLVD. AUSTIN TX 78727
Stephen L. Eck director 12212 TECHNOLOGY BLVD., AUSTIN TX 78727
Edward A Ogunro director
Eric Shapiro officer: SR VP, GLOBAL MARKETING 12212 TECHNOLOGY BLVD. AUSTIN TX 78727
Nachum Shamir director, officer: President & CEO 12212 TECHNOLOGY BLVD, AUSTIN TX 78727
Rew Richard W. Ii officer: SVP, Gen Counsel & Corp Secy 7000 WEST WILLIAM CANNON, BUILDING ONE, AUSTIN TX 78735
Nancy Fairchild officer: SVP, Human Resources 12212 TECHNOLOGY BLVD. AUSTIN TX 78727
G Walter Lowenbaum director C/O 3D SYSTEMS CORPORATION, 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Randall Myers officer: SVP, Global Mfg and Quality 12212 TECHNOLOGY BOULEVARD AUSTIN TX 78727
Charles J. Collins officer: SR VP, R&D - US 12212 TECHNOLOGY BLVD. AUSTIN TX 78727
Dijuana K Lewis director 120 MONUMENT CIRCLE, INDIANAPOLIS IN 46204
Jim D Kever director C/O 3D SYSTEMS, 26081 AVENUE HALL, VALENCIA CA 91355
Thomas W Erickson director OMEGA HEALTHCARE INVESTORS INC, 900 VICTORS WAY STE. 350, AMM ARBER MI 48108
Kenneth A Samet director 800 KING FARM BOULEVARD, 4TH FLOOR, ROCKVILLE MD 20850