Landstar System Inc (LSTR) is a transportation and logistics company that has a history of paying dividends to its shareholders. The company's dividend yield is a measure of the annual dividend payments relative to its share price. The dividend yield can be calculated by dividing the annual dividend per share by the current stock price. As of the most recent data, Landstar System Inc's dividend yield is X%. This indicates that investors can expect to receive X% of their investment in the form of dividends each year.
The payout ratio is another important metric to consider when evaluating a company's dividend sustainability. It is calculated by dividing the annual dividend per share by the company's earnings per share. Landstar System Inc's payout ratio is currently X%, which means that it is paying out X% of its earnings as dividends. A lower payout ratio indicates that the company is retaining more of its earnings for reinvestment, while a higher payout ratio suggests that it is returning a larger portion of its profits to shareholders.
The ex-dividend date is the date on which a company's shares begin trading without the right to the upcoming dividend payment. The ex-dividend date for Landstar System Inc is typically a few days before the record date, which is the date on which shareholders must be on the company's books to receive the dividend. As a result, investors who purchase the stock on or after the ex-dividend date will not receive the dividend payment.
Landstar System Inc has not announced any stock splits in recent years. A stock split is when a company divides its existing shares into multiple new shares. The purpose of a split is to make the shares more affordable for individual investors and potentially increase liquidity in the stock. However, without any recent splits, the split multiple for Landstar System Inc is currently 1:1, meaning there has been no change in the number of shares outstanding.
As for the amount of dividend per share, Landstar System Inc has been consistent in its dividend payments. The company has been paying a dividend of $X per share for the past several years. This provides investors with a predictable and stable income stream from their investment in the company.
In terms of dividend growth rate, Landstar System Inc has a strong track record. Over the past five years, the company has increased its dividend at an average annual rate of X%. This demonstrates the company's commitment to returning value to its shareholders and its ability to generate consistent earnings growth.
The dividend yield range for Landstar System Inc can vary depending on market conditions and investor sentiment. In general, a higher dividend yield is indicative of a lower share price relative to the dividend payment. Conversely, a lower dividend yield suggests a higher share price relative to the dividend. Investors should consider their own investment objectives and risk tolerance when evaluating the attractiveness of the dividend yield.
Landstar System Inc typically pays its dividend on a quarterly basis. The dividend payment date is the day on which shareholders will receive their dividend payment. The specific date can vary from quarter to quarter, but Landstar System Inc generally publishes the dividend payment schedule in advance for the convenience of its shareholders.
In summary, Landstar System Inc is a company that pays dividends to its shareholders. The dividend yield is X%, and the payout ratio is X%. The ex-dividend date is important to note, as it determines who is eligible to receive the upcoming dividend payment. While Landstar System Inc has not announced any stock splits recently, the company has a consistent dividend amount per share of $X. The dividend growth rate over the past five years has been X%, demonstrating the company's commitment to returning value to its shareholders. The dividend yield range can vary depending on market conditions, and Landstar System Inc pays its dividends on a quarterly basis.