L Dividend History - Loblaw Companies Limited

Track the latest L dividend history! 1.04% Dividend Yield, 7.17% Annual Growth - Explore L's complete dividend history

Yield 12m 1.04%
Cash Amount 12m 1.98
Dividend Growth 5y avg 7.17%
Dividend Rating 42.64%
Yield on Cost 5y 3.20%
Payout Ratio current 23.7%
Payout Frequency 12m 4
Payout Consistency 36.8%
Total Return 12m: 58.48%
#6 in Group
Total Return 5y: 209.14%
#3 in Group

Dividends Cash Amount per Share Yearly

Number of Payouts Yearly

5 Years Chart with Price and Dividend Yield

Top Dividend Payers in Food Retail
Top Dividend Yield
Symbol Market Cap in USD Yield Yield on Cost
L 38,375m 1.04% 3.20%
CA 9,847m 6.42% 6.74%
NWC 1,718m 3.22% 7.01%
AD 31,751m 3.53% 5.89%
Top Dividend Grower
Symbol Market Cap in USD Grow Rating
L 38,375m 7.17% 42.6%
EMP-A 7,212m 8.76% 65.0%
KR 42,883m 12.9% 58.3%
CA 9,847m 4.01% 72.1%

L Dividend History - Last 40 Dividends (Paid in CAD)

Ex-Date Record Date Payment Date Period Cash Amount Growth Rate Payout Yield
2024-12-13 2024-12-30 0.51 0.26%
2024-09-13 2024-10-01 0.51 0.28%
2024-06-14 2024-06-15 2024-07-01 Quarterly 0.51 13.3% 0.33%
2024-03-14 2024-03-15 2024-04-01 Quarterly 0.45 0.3%
2023-12-14 2023-12-15 2023-12-30 Quarterly 0.45 0.36%
2023-09-14 2023-09-15 2023-10-01 Quarterly 0.45 0.38%
2023-06-14 2023-06-15 2023-07-01 Quarterly 0.45 9.8% 0.39%
2023-03-14 2023-03-15 2023-04-01 Quarterly 0.41 0.36%
2022-12-14 2022-12-30 2022-12-30 Quarterly 0.41 0.33%
2022-09-14 2022-09-15 2022-10-01 Quarterly 0.41 0.35%
2022-06-14 2022-06-15 2022-07-01 Quarterly 0.41 10.8% 0.36%
2022-03-14 2022-04-01 2022-04-01 Quarterly 0.37 0.33%
2021-12-14 2021-12-30 2021-12-30 Quarterly 0.37 0.37%
2021-09-14 2021-09-15 2021-10-01 Quarterly 0.37 8.8% 0.42%
2021-06-14 2021-06-15 2021-07-01 Quarterly 0.34 0.45%
2021-03-12 2021-04-01 2021-04-01 Quarterly 0.34 0.52%
2020-12-14 2020-12-15 2020-12-30 Quarterly 0.34 6.3% 0.52%
2020-09-14 2020-10-01 2020-10-01 Quarterly 0.32 0.47%
2020-06-12 2020-07-01 2020-07-01 Quarterly 0.32 0.48%
2020-03-12 2020-03-15 2020-04-01 Quarterly 0.32 0.49%
2019-12-12 2019-12-15 2019-12-30 Quarterly 0.32 1.6%
2019-09-12 2019-09-15 2019-10-01 Quarterly 0.315
2019-06-13 2019-07-01 2019-07-01 Quarterly 0.315 6.8%
2019-03-14 2019-03-15 2019-04-01 Quarterly 0.295
2018-12-13 2018-12-30 2018-12-30 Quarterly 0.295 1474900%
2018-09-13 2018-09-15 2018-10-01 Quarterly 0
2018-06-14 2018-06-15 2018-07-01 Quarterly 0
2018-03-14 2018-04-01 2018-04-01 Quarterly 0
2017-12-14 2017-12-15 2017-12-30 Quarterly 0
2017-09-14 2017-09-15 2017-10-01 Quarterly 0
2017-06-13 2017-06-15 2017-07-01 Quarterly 0
2017-03-13 2017-03-15 2017-04-01 Quarterly 0
2016-12-13 2016-12-15 2016-12-30 Quarterly 0
2016-09-13 2016-09-15 2016-10-01 Quarterly 0
2016-06-13 2016-06-15 2016-07-01 Quarterly 0
2016-03-11 2016-03-15 2016-04-01 Quarterly 0
2015-12-11 2015-12-15 2015-12-30 Quarterly 0
2015-09-11 2015-09-15 2015-10-01 Quarterly 0
2015-06-11 2015-06-15 2015-07-01 Quarterly 0
2015-03-11 2015-04-01 2015-04-01 Quarterly 0

L Dividend History - FAQ

What is the Dividend Yield of L?

As of December 2024 L`s Dividend Yield is 1.04%. It is calculated by dividing the dividend payments of the last 12-Months (TTM) of 1.98 CAD by the current stock price of 190.62.

What is the long-term Dividend Growth Rate of L?

In the last 5 Years the Average Dividend Growth Rate was 7.17% per year. This shows that the dividend payments have been growing over time. It is a good sign, as it indicates that the dividend payments have been growing faster than the inflation rate.

How often does L pay dividends?

Within the last 12 Months (TTM, Trailing Twelve Months) L paid 4 times a dividend.

What is the Yield on Cost of L?

The 5 Year Yield-On-Cost is 3.20%. That's the effective dividend income you'd receive today if you purchased Loblaw Companies Limited five years ago. It is calculated by the Rate of the last 12 Months (1.98) divided by the price 5 years ago (61.84).

What is the Payout Consistency of L?

L has a Payout Consistency of 36.8%. It shows how stable (Values above 85%) or unstable (Values below 65%) the dividend payouts have been over time. Cutting a dividend is considered negative, while increasing it is considered positive. Equally paying dividends is considered moderate positive.

What is the Dividend Rating of L?

The Overall Dividend Rating of 42.64 is quantified on a scale from 0 to 100. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional. The calculations includes: Yield, Yield on Cost, Dividend History, Consistency of Payouts and Growth Rates over time.

Does L have a good Dividend Yield?

L`s 1.04% Dividend Yield is considered as: low.
A good Dividend Yield is generally considered to be at least 4%, while a high dividend yield is considered to be anything over 6%.

What is the next Dividend Date for L?

The next Dividend Date for L is unknown.

What is the Dividend Payout Ratio of L?

The Dividend Payout Ratio of L is 23.7%. A lower payout ratio, such as 30-60%, means there's more room for dividends to grow and better protection to pay dividends even in a recession. If it’s over 80-90%, it could be a red flag that dividends might not be sustainable. However, certain sectors have exceptions due to regulatory requirements or industry norms. For example, REITs and BDCs are required by law to distribute 90% or more of their taxable income as dividends, making high payout ratios standard. Banks, on the other hand, often maintain moderate payout ratios (40-60%) to comply with regulatory capital requirements and ensure stability. If companies outside these regulated sectors have payout ratios exceeding 80-90%, it could be a red flag for unsustainable dividends.

Bonus Section: L Outstanding Shares

What is the Trend of L`s Outstanding Shares?

The Outstanding Shares of Loblaw Companies Limited are shrinking at a rate of -2.49% per year on average over the last 5 years. The Correlation Coefficent of the Outstanding Shares is -100.0%. Investors should be aware that the price of a stock often is positively affected by a decreasing number of shares.

Did Loblaw Companies Limited ever had a Stock Split?

Yes, last Stock Split was on 2018-11-02 with a factor of 1244:1000. This stock split increased the number of shares and lowered the price per share by a ratio of 1.24.
Year Number of Shares (Mill.) Growth Rate
1997 238888900
1998 269565200 +12.84%
1999 275000000 +2.02%
2000 276245300 +0.45%
2001 276300000 +0.02%
2002 275900000 -0.14%
2003 274800000 -0.4%
2004 274300000 -0.18%
2005 274100000 -0.07%
2006 274200000 +0.04%
2007 274200000
2008 281800000 +2.77%
2009 284300000 +0.89%
2010 288900000 +1.62%
2011 281400000 -2.6%
2012 288800000 +2.63%
2013 284300000 -1.56%
2014 416100000 +46.36%
2015 412600000 -0.84%
2016 403200000 -2.28%
2017 384500000 -4.64%
2018 371400000 -3.41%
2019 361200000 -2.75%
2020 348200000 -3.6%
2021 336700000 -3.3%
2022 327400000 -2.76%
2023 314534900 -3.93%
2024 306900000 -2.43%