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Landstar System (Landstar System) Dividend Yield %

: 0.77% (As of Today)
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As of today (2024-04-18), the Trailing Annual Dividend Yield of Landstar System is 0.77%.

Good Sign:

Landstar System Inc stock dividend yield is close to 10-year high.

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

LSTR' s Dividend Yield % Range Over the Past 10 Years
Min: 0.09   Med: 0.5   Max: 0.78
Current: 0.77

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

LSTR's Dividend Yield % is ranked worse than
89.26% of 624 companies
in the Transportation industry
Industry Median: 2.985 vs LSTR: 0.77

Landstar System's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.21.

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.

As of today (2024-04-18), the Forward Dividend Yield % of Landstar System is 0.77%.

Landstar System's Dividends per Share for the three 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 Yield % Historical Data

The historical data trend for Landstar System'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.

Landstar System Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.61 0.59 0.51 0.67 0.65

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 Yield % 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 Premium Member Only Premium Member Only Premium Member Only 0.67 0.64 0.62 0.70 0.65

Competitive Comparison

For the Integrated Freight & Logistics subindustry, Landstar System'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.


Landstar System Dividend Yield % Distribution

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

* The bar in red indicates where Landstar System's Dividend Yield % falls into.



Landstar System Dividend Yield % Calculation

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

Landstar System Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3302024-02-092024-02-122024-03-08Cash DividendquarterlyUSD:USD 1.000000
USD 0.3302023-11-062023-11-072023-12-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.3302023-08-092023-08-102023-08-25Cash DividendquarterlyUSD:USD 1.000000
USD 0.3002023-05-032023-05-042023-05-26Cash DividendquarterlyUSD:USD 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.

Landstar System's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.29/167.96
=0.77 %

Current Share Price is $167.96.
Landstar System's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.29.

Landstar System's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.32/167.96
=0.79 %

Current Share Price is $167.96.
Landstar System's Dividends per Share for the forward twelve months is calculated as $0.33 * 4 = $1.32.

* 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 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.


Landstar System Dividend Yield % Related Terms

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


Landstar System (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, 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