Logistec (TSX:LGT.B) Dividend Payout Ratio : 0.09 (As of Sep. 2023)

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What is Logistec Dividend Payout Ratio?

Logistec's dividend payout ratio for the months ended in Sep. 2023 was 0.09.

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

TSX:LGT.B' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.09 Med: 0.13 Max: 0.24
Current: 0.24

During the past 13 years, the highest Dividend Payout Ratio of Logistec was 0.24. The lowest was 0.09. And the median was 0.13.

TSX:LGT.B's Dividend Payout Ratio is not ranked
in the Transportation industry.
Industry Median: 0.4 vs TSX:LGT.B: 0.24

As of today (2024-04-26), the Dividend Yield % of Logistec is 0.77%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Logistec was 1.54%. The lowest was 0.39%. And the median was 0.81%.

Logistec's Dividends per Share for the months ended in Sep. 2023 was C$0.13.

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.

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.

The growth rate is calculated with least square regression.

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

Logistec Dividend Payout Ratio Historical Data

The historical data trend for Logistec'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.

Logistec Dividend Payout Ratio Chart

Logistec Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dividend Payout Ratio

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0.23

0.18

0.15

0.12

0.11

Logistec Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.05	0.11	-	0.52	0.09

Competitive Comparison of Logistec's Dividend Payout Ratio

For the Marine Shipping subindustry, Logistec'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.

Logistec's Dividend Payout Ratio Distribution in the Transportation Industry

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

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

Logistec Dividend Payout Ratio Calculation

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

Logistec's Dividend Payout Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2022 )	/	EPS without NRI (A: Dec. 2022 )
	=	0.475	/	4.191
	=	0.11

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 )
	=	0.13	/	1.43
	=	0.09

Logistec (TSX:LGT.B) 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.

Logistec Dividend Payout Ratio Related Terms

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

Logistec (TSX:LGT.B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Logistec Corp (TSX:LGT.B) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

LTKBF:USA LGT.A:Canada

Address

600 De La Gauchetiere Street West, 14th Floor, Montreal, QC, CAN, H3B 4L2

Website

https://www.logistec.com

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.B) Headlines

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