Landstar System's last quarterly dividend of $0.33 per share was on Aug 9, 2023 (ex-date). The annualized dividend payment of $3.23 per share represents a current dividend yield of 1.85%. The latest LSTR payout of $0.33 marks a dividend growth of 10%.
LSTR has a dividend yield of 1.85% which is higher than the Industrials sector and its peers average but lower than the industry average. If we compare it with the Industrials sector average of 1.53%, Landstar System's dividend yield is 21% higher. The current dividend yield is more than the historical average of 0.8% of the last 5 years.
Landstar System has a history of paying dividends since 2005. Our records of LSTR show that the company has issued five dividends in the last twelve months. The annualized DPS has grown by 208% since one year ago. And with the stock price up by 21% from a year ago, the dividend yield has grown by 154%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Aug 9, 2023 | Aug 25, 2023 | Jul 26, 2023 | $0.33 | normal |
| May 3, 2023 | May 26, 2023 | Apr 26, 2023 | $0.3 | normal |
| Feb 10, 2023 | Mar 10, 2023 | Feb 1, 2023 | $0.3 | normal |
| Jan 5, 2023 | Jan 20, 2023 | Dec 7, 2022 | $2 | normal |
| Nov 7, 2022 | Dec 2, 2022 | Oct 19, 2022 | $0.3 | normal |
| Aug 5, 2022 | Aug 26, 2022 | Jul 20, 2022 | $0.3 | normal |
| May 4, 2022 | May 27, 2022 | $0.25 | normal | |
| Feb 11, 2022 | Mar 11, 2022 | Jan 26, 2022 | $0.25 | normal |
| Nov 8, 2021 | Dec 3, 2021 | Oct 20, 2021 | $0.25 | normal |
| Aug 6, 2021 | Aug 27, 2021 | Jul 21, 2021 | $0.25 | normal |
| May 5, 2021 | May 28, 2021 | Apr 21, 2021 | $0.21 | normal |
| Feb 11, 2021 | Mar 12, 2021 | Jan 27, 2021 | $0.21 | normal |
| Jan 7, 2021 | Jan 22, 2021 | Dec 8, 2020 | $2 | special |
| Nov 9, 2020 | Dec 4, 2020 | Oct 21, 2020 | $0.21 | normal |
| Aug 7, 2020 | Aug 28, 2020 | Jul 22, 2020 | $0.21 | normal |
| May 6, 2020 | May 29, 2020 | Apr 21, 2020 | $0.185 | normal |
| Feb 13, 2020 | Mar 13, 2020 | Jan 24, 2020 | $0.185 | normal |
| Jan 9, 2020 | Jan 24, 2020 | Dec 10, 2019 | $2 | special |
| Nov 8, 2019 | Dec 6, 2019 | Oct 21, 2019 | $0.185 | normal |
| Aug 9, 2019 | Aug 30, 2019 | Jul 23, 2019 | $0.185 | normal |
| May 8, 2019 | May 31, 2019 | Apr 23, 2019 | $0.165 | normal |
| Feb 14, 2019 | Mar 15, 2019 | Jan 23, 2019 | $0.165 | normal |
| Nov 9, 2018 | Dec 7, 2018 | Oct 23, 2018 | $0.165 | normal |
| Aug 10, 2018 | Aug 31, 2018 | Jul 24, 2018 | $0.165 | normal |
| May 9, 2018 | Jun 1, 2018 | Apr 24, 2018 | $0.15 | normal |
| Feb 15, 2018 | Mar 16, 2018 | Jan 30, 2018 | $0.15 | normal |
| Jan 11, 2018 | Jan 26, 2018 | Dec 11, 2017 | $1.5 | special |
| Nov 13, 2017 | Dec 8, 2017 | Oct 24, 2017 | $0.1 | normal |
| Aug 10, 2017 | Sep 1, 2017 | Jul 25, 2017 | $0.1 | normal |
| May 9, 2017 | Jun 2, 2017 | Apr 26, 2017 | $0.09 | normal |
| Feb 15, 2017 | Mar 17, 2017 | Jan 31, 2017 | $0.09 | normal |
| Nov 4, 2016 | Dec 2, 2016 | Oct 17, 2016 | $0.09 | normal |
| Aug 4, 2016 | Aug 26, 2016 | Jul 20, 2016 | $0.09 | normal |
| May 3, 2016 | May 27, 2016 | Apr 19, 2016 | $0.08 | normal |
LSTR has a payout ratio of 34.4% which is higher than the Industrials sector, the industry and its peers average. If we compare it with the Industrials sector average of 29.2%, Landstar System's payout ratio is 18% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| LSTR Landstar System Inc | 1.85% | $3.23 | 34.4% |
| WERN Werner Enterprises Inc | 1.41% | $0.54 | 18.9% |
| KNX Knight-Swift Transportation Holdings Inc | 1.12% | $0.54 | 17% |
| JBHT Hunt J B Transport Services Inc | 0.9% | $1.66 | 20% |
| HTLD Heartland Express Inc | 0.55% | $0.08 | 10.5% |
| ODFL Old Dominion Freight Line Inc | 0.38% | $1.5 | 13% |
Yes, Landstar System has paid five dividends in the last 12 months. LSTR has been paying dividends since 2005.
Landstar System's last dividend ex-date was on Aug 9, 2023. The dividend amount was $0.33 per share.
On an annual basis LSTR pays $3.23 per share.
The current dividend yield of Landstar System is 1.85%.
Landstar System's dividend payout ratio is 34.4%.
Landstar System's dividend yield is more than the Industrials sector average.