K-Bro Linen (TSX:KBL) Dividend Payout Ratio : 1.77 (As of Mar. 2024)

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What is K-Bro Linen Dividend Payout Ratio?

K-Bro Linen's dividend payout ratio for the months ended in Mar. 2024 was 1.77.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of K-Bro Linen Inc is 0.74, which seems too high.

The historical rank and industry rank for K-Bro Linen's Dividend Payout Ratio or its related term are showing as below:

TSX:KBL' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.69 Med: 1.32 Max: 3.33
Current: 0.74

During the past 13 years, the highest Dividend Payout Ratio of K-Bro Linen was 3.33. The lowest was 0.69. And the median was 1.32.

TSX:KBL's Dividend Payout Ratio is ranked worse than
80.84% of 522 companies
in the Business Services industry
Industry Median: 0.39 vs TSX:KBL: 0.74

As of today (2024-05-09), the Dividend Yield % of K-Bro Linen is 3.39%.

During the past 13 years, the highest Trailing Annual Dividend Yield of K-Bro Linen was 4.83%. The lowest was 2.10%. And the median was 3.09%.

K-Bro Linen's Dividends per Share for the months ended in Mar. 2024 was C$0.30.

During the past 10 years, the average Dividends Per Share Growth Rate was 0.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of K-Bro Linen was 4.80% per year. The lowest was -0.70% per year. And the median was 1.50% per year.

The growth rate is calculated with least square regression.

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

K-Bro Linen Dividend Payout Ratio Historical Data

The historical data trend for K-Bro Linen's Dividend Payout Ratio 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.

K-Bro Linen Dividend Payout Ratio Chart

K-Bro Linen Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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1.17

1.62

1.48

3.33

0.76

K-Bro Linen Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															1.58	0.68	0.48	0.75	1.77

Competitive Comparison of K-Bro Linen's Dividend Payout Ratio

For the Specialty Business Services subindustry, K-Bro Linen's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

K-Bro Linen's Dividend Payout Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, K-Bro Linen's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where K-Bro Linen's Dividend Payout Ratio falls into.

K-Bro Linen Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

K-Bro Linen's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.2	/	1.572
	=	0.76

K-Bro Linen's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0.3	/	0.17
	=	1.76

K-Bro Linen (TSX:KBL) Dividend Payout Ratio Explanation

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.

K-Bro Linen Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of K-Bro Linen's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

K-Bro Linen (TSX:KBL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » K-Bro Linen Inc (TSX:KBL) » Definitions » Dividend Payout Ratio

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Traded in Other Exchanges

KBRLF:USA

Address

14903-137 Avenue N.W., Edmonton, AB, CAN, T5V 1R9

Website

https://www.k-brolinen.com

K-Bro Linen Inc is a healthcare and hospitality laundry and linen processor in Canada. It operates in major cities across Canada, and has two distribution centers, providing management services and laundry processing of hospitality, healthcare, and specialty linens. The company provides vital products and services that help people heal, travel, live, and play. It helps hospitals and extended care centers care for the young, old, and vulnerable in environmentally responsible ways. It operates through two divisions, which are the Canadian division and the United Kingdom division.

Executives

K-bro Linen Inc.

Issuer

K-Bro Linen (TSX:KBL) Headlines

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