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Lassonde Industries (TSX:LAS.A) 3-Year Dividend Growth Rate : -4.70% (As of Dec. 2023)


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What is Lassonde Industries 3-Year Dividend Growth Rate?

Lassonde Industries's Dividends per Share for the three months ended in Dec. 2023 was C$0.50.

The historical rank and industry rank for Lassonde Industries's 3-Year Dividend Growth Rate or its related term are showing as below:

TSX:LAS.A' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -4.7   Med: 10.1   Max: 29.1
Current: -4.7

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Lassonde Industries was 29.10% per year. The lowest was -4.70% per year. And the median was 10.10% per year.

TSX:LAS.A's 3-Year Dividend Growth Rate is ranked worse than
86.96% of 46 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 10.75 vs TSX:LAS.A: -4.70

During the past 12 months, Lassonde Industries's average Dividends Per Share Growth Rate was -26.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -4.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -2.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Lassonde Industries's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.17. As of today, Lassonde Industries's Dividend Yield % is 1.76%.

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


Competitive Comparison of Lassonde Industries's 3-Year Dividend Growth Rate

For the Beverages - Non-Alcoholic subindustry, Lassonde Industries's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


Lassonde Industries's 3-Year Dividend Growth Rate Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Lassonde Industries's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Lassonde Industries's 3-Year Dividend Growth Rate falls into.



Lassonde Industries 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Lassonde Industries  (TSX:LAS.A) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Lassonde Industries's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.5/ 2.969
=0.17

During the past 13 years, the highest Dividend Payout Ratio of Lassonde Industries was 0.38. The lowest was 0.18. And the median was 0.23.

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

Lassonde Industries Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 1.0000002024-02-232024-02-262024-03-15Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.5000002023-11-222023-11-232023-12-15Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.5000002023-08-212023-08-222023-09-15Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.5000002023-05-242023-05-252023-06-15Cash 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.

Lassonde Industries's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.5/141.82
=1.76 %

Current Share Price is C$141.82.
Lassonde Industries's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$2.5.

During the past 13 years, the highest Dividend Yield of Lassonde Industries was 3.09%. The lowest was 0.82%. And the median was 1.43%.

* 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.


Lassonde Industries 3-Year Dividend Growth Rate Related Terms>


Lassonde Industries (TSX:LAS.A) Business Description

Traded in Other Exchanges
Address
755 Principale Street, Rougemont, QC, CAN, J0L 1M0
Lassonde Industries Inc is engaged in the development, manufacturing, and marketing of ready-to-drink fruit and vegetable juices and drinks. It also acts as a producer of store-brand shelf-stable fruit juices and drinks in the United States and a producer of cranberry sauces. The company operates through a single segment the development, manufacturing, and marketing of a wide range of ready-to-drink juices and drinks; frozen juice concentrates; and specialty food products; and the importation, packaging, and marketing of selected wines from several countries of origin. Lassonde has a presence in Canada and the United States. It earns the majority of the revenue in the United States.

Lassonde Industries (TSX:LAS.A) Headlines

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