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Lechwerke AG (FRA:LEC) Dividend Yield % : 3.84% (As of Apr. 25, 2024)


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What is Lechwerke AG Dividend Yield %?

As of today (2024-04-25), the Trailing Annual Dividend Yield of Lechwerke AG is 3.84%.

Good Sign:

Lechwerke AG stock dividend yield is close to 10-year high.

The historical rank and industry rank for Lechwerke AG's Dividend Yield % or its related term are showing as below:

FRA:LEC' s Dividend Yield % Range Over the Past 10 Years
Min: 1.75   Med: 2.86   Max: 4.06
Current: 3.84

During the past 13 years, the highest Dividend Yield of Lechwerke AG was 4.06%. The lowest was 1.75%. And the median was 2.86%.

FRA:LEC's Dividend Yield % is ranked worse than
51.86% of 430 companies
in the Utilities - Regulated industry
Industry Median: 3.94 vs FRA:LEC: 3.84

Lechwerke AG's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Lechwerke AG was 11.67. The lowest was 0.49. And the median was 1.14.

As of today (2024-04-25), the Forward Dividend Yield % of Lechwerke AG is 3.84%.

Lechwerke AG's Dividends per Share for the six months ended in Dec. 2023 was €0.00.

During the past 10 years, the average Dividends Per Share Growth Rate was 3.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Lechwerke AG was 9.10% per year. The lowest was 2.50% per year. And the median was 5.80% per year.

The growth rate is calculated with least square regression.

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


Lechwerke AG Dividend Yield % Historical Data

The historical data trend for Lechwerke AG's Dividend Yield % 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.

Lechwerke AG Dividend Yield % Chart

Lechwerke AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.80 2.80 1.97 2.52 3.46

Lechwerke AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Yield % 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 1.97 2.22 2.52 2.84 3.46

Competitive Comparison of Lechwerke AG's Dividend Yield %

For the Utilities - Diversified subindustry, Lechwerke AG's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.


Lechwerke AG's Dividend Yield % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Lechwerke AG's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Lechwerke AG's Dividend Yield % falls into.



Lechwerke AG Dividend Yield % Calculation

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

Lechwerke AG Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
EUR 2.8002023-05-262023-05-302023-05-31Cash DividendannuallyEUR:EUR 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.

Lechwerke AG's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.8/76.50
=3.66 %

Current Share Price is €76.50.
Lechwerke AG's Dividends per Share for the trailing twelve months (TTM) ended in Today is €2.8.

Lechwerke AG's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2.8/76.50
=3.66 %

Current Share Price is €76.50.
Lechwerke AG's Dividends per Share for the forward twelve months is calculated as €2.8 * 1 = €2.8.

* 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.


Lechwerke AG  (FRA:LEC) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Lechwerke AG Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Lechwerke AG's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Lechwerke AG (FRA:LEC) Business Description

Traded in Other Exchanges
Address
Schaezlerstrasse 3, Augsburg, DEU, 86150
Lechwerke AG is a regional energy supplier in Bavaria and parts of Baden-Wurttemberg. The company offers both electricity and gas products as well as all energy-related services such as contracting, energy certificates and energy controlling. The company also works in the field of street lighting as well as the development and implementation of energy efficiency projects and comprehensive energy concepts.

Lechwerke AG (FRA:LEC) Headlines

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