Leddartech Common Shares(Ldtc) Financials: Dividend Payout Ratio Compared To Industry Average, Plus Other Key Ratios
Valuation Trend (Last 5 Years)
Valuation - dividend payout ratio
This chart shows the historical trend of dividend payout ratio for LDTC compared to its industry average over the recent years.
Ratio Definition and Interpretation
Name: Dividend Payout Ratio
Definition: The dividend payout ratio shows what portion of the company’s profits are paid out to shareholders as dividends. If it’s 60%, that means 60% goes to shareholders, while 40% is kept inside the business for future growth. High payout ratios reward shareholders today. Lower payout ratios suggest the company believes it can earn even more by reinvesting in itself.
Interpretation:
• In '2021', LDTC's dividend payout ratio was 0.00, demonstrating the portion of earnings distributed as dividends. Industry average for Computer Software: Prepackaged Software in '2021' stood at 0.41.
• In '2022', LDTC's dividend payout ratio was 0.00, demonstrating the portion of earnings distributed as dividends. The figure remained stable compared to '2021'. Industry average for Computer Software: Prepackaged Software in '2022' stood at 0.40. Industry average declined by 0.01 from previous year.
• In '2023', LDTC's dividend payout ratio was 0.00, demonstrating the portion of earnings distributed as dividends. The figure remained stable compared to '2022'. Industry average for Computer Software: Prepackaged Software in '2023' stood at 0.37. Industry average declined by 0.03 from previous year.
• In '2024', LDTC's dividend payout ratio was 0.00, demonstrating the portion of earnings distributed as dividends. The figure remained stable compared to '2023'. Industry average for Computer Software: Prepackaged Software in '2024' stood at 0.43. Industry average increased by 0.06 compared to previous year.
Overall, LDTC's dividend payout ratio has remained generally stable over the past 4 years.
Formula: Dividend Payout Ratio = Dividends / Net Income
Good Range: Ranges widely; 30%-60% common for mature firms.