Landstar System (Landstar System) Dividend Payout Ratio

: 0.21 (As of Dec. 2023)

View and export this data going back to 1993. Start your Free Trial

Landstar System's dividend payout ratio for the months ended in Dec. 2023 was 0.21.

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: 0.18
Current: 0.18

During the past 13 years, the highest Dividend Payout Ratio of Landstar System was 0.18. The lowest was 0.09. And the median was 0.10.

LSTR's Dividend Payout Ratio is ranked better than
81.84% of 523 companies
in the Transportation industry
Industry Median: 0.4 vs LSTR: 0.18

As of today (2024-04-16), the Dividend Yield % of Landstar System is 0.73%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Landstar System was 0.78%. The lowest was 0.09%. And the median was 0.50%.

Landstar System's Dividends per Share for the months ended in Dec. 2023 was $0.33.

During the past 12 months, Landstar System's average Dividends Per Share Growth Rate was 14.50% 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.

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 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.13

0.15

0.09

0.18

Landstar System Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																0.12	0.14	0.17	0.20	0.21

Competitive Comparison

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 Dividend Payout Ratio Distribution

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

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

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 Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.33	/	1.551
	=	0.21

Landstar System (NAS:LSTR) 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.

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 (Landstar System) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Landstar System Inc (NAS:LSTR) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

LDS:Germany LDS:Germany

Address

13410 Sutton Park Drive South, Jacksonville, FL, USA, 32224

Website

https://www.landstar.com

Landstar System is an agent based asset-light third-party logistics provider focused on domestic truck brokerage (90% of revenue). Historically, roughly 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

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
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
Aimee M Cooper	officer: VP & CAO	13410 SUTTON PARK DRIVE SOUTH, JACKSONVILLE FL 32224
James P Todd	officer: VP and CFO	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
Robert S Brasher	officer: VP & Chief Commercial Officer	13410 SUTTON PARK DRIVE SOUTH, JACKSONVILLE FL 32224