Leroy Seafood Group Dividend yield

Leroy Seafood Group is part of Food Producers business, which is part of Consumer Goods industry. Leroy Seafood Group is a company from Norway, and his stocks are publicly traded.

Leroy Seafood Group stock dividend

Leroy Seafood Group paid a total dividend of 1,490 million NOK last year, for a market value of 26,236 millions (Market Cap 11,272 millions). Leroy Seafood Group dividend per share is 2.50 NOK, and his stock market price 44.02 NOK.

According to the chart below, where dividend yield is displayed, Leroy Seafood Group has a dividend yield of 5.68%, which is higher than the amount offered by both the market average and companies from Norway. It is also bigger than average of Consumer Goods industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Leroy Seafood Group stocks dividend with other Food Producers companies or other of the best Norway dividend stocks list.

Leroy Seafood Group Dividend Payout

About the ability of Leroy Seafood Group to maintain his current dividend of NOK 2.50 per share, an amount that accounts for 5.68%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Leroy Seafood Group payout on ernings is currently 50.51%, which is higher than the market average, and companies of Consumer Goods industry, which are 39.34% and 40.18% respectively. Both figures show that Leroy Seafood Group can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Leroy Seafood Group is NOK 3.36 per share, which is higher than the dividend per share paid by the company of NOK 2.50, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Leroy Seafood Group, compared againt world market average, Norway companies, Consumer Goods industry and Food Producers sector companies.

Leroy Seafood Group Dividend History

Below you will find a table with the historical evolution of Leroy Seafood Group's dividend stock, both in percentage and in NOK, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	NOK	Paypout	Shares*
Present	5.68%	2.50	50.51%	596
2022	4.53%	2.50	55.80%	596
2021	2.90%	2.00	143.88%	596
2020	2.48%	1.50	47.32%	596
2019	3.43%	2.00	34.31%	596

*In millions

Leroy Seafood Group Stock performance

Finally, last moth Leroy Seafood Group showed a return of 4.30% compared to a worldwide -2.49% average, and a -1.86% of Consumer Goods firms. Over the last year, the company obtained a -33.90% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Norway and Food Producers firms.