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Logistec (TSX:LGT.B) Dividend Yield % : 0.77% (As of Apr. 27, 2024)


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What is Logistec Dividend Yield %?

As of today (2024-04-27), the Trailing Annual Dividend Yield of Logistec is 0.77%.

Warning Sign:

Logistec Corp stock dividend yield is close to 5-year low.

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

TSX:LGT.B' s Dividend Yield % Range Over the Past 10 Years
Min: 0.39   Med: 0.81   Max: 1.54
Current: 0.77

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

TSX:LGT.B's Dividend Yield % is not ranked
in the Transportation industry.
Industry Median: 3.02 vs TSX:LGT.B: 0.77

Logistec's Dividend Payout Ratio for the three months ended in Sep. 2023 was 0.09.

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.

As of today (2024-04-27), the Forward Dividend Yield % of Logistec is 0.77%.

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

The historical data trend for Logistec'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.

Logistec Dividend Yield % Chart

Logistec Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 1.01 1.17 0.96 1.13

Logistec Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.19 1.13 1.12 0.81 0.86

Competitive Comparison of Logistec's Dividend Yield %

For the Marine Shipping subindustry, Logistec'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.


Logistec's Dividend Yield % Distribution in the Transportation Industry

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

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



Logistec Dividend Yield % Calculation

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

Logistec Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.1302024-01-022024-01-032024-01-17Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.1302023-09-212023-09-222023-10-06Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.1302023-06-212023-06-222023-07-07Cash DividendquarterlyCAD:CAD 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.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.39/66.95
=0.58 %

Current Share Price is C$66.95.
Logistec's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.39.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.52/66.95
=0.78 %

Current Share Price is C$66.95.
Logistec's Dividends per Share for the forward twelve months is calculated as C$0.13 * 4 = C$0.52.

* 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.


Logistec  (TSX:LGT.B) 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.


Logistec Dividend Yield % Related Terms

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


Logistec (TSX:LGT.B) Business Description

Traded in Other Exchanges
Address
600 De La Gauchetiere Street West, 14th Floor, Montreal, QC, CAN, H3B 4L2
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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