Landstar System's last quarterly dividend of $0.3 per share was on Aug 5, 2022 (ex-date). The annualized dividend payment of $1.05 per share represents a current dividend yield of 0.71%. The latest LSTR payout of $0.3 marks a dividend growth of 20%.
LSTR has a dividend yield of 0.71% which is lower than the Industrials sector, the industry and its peers average. If we compare it with the Industrials sector average of 1.69%, Landstar System's dividend yield is 58% lower. The current dividend yield is more than the historical average of 0.6% 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 four quarterly dividends in the last twelve months. The annualized DPS has grown by 19% since one year ago. And with the stock price down by 6% from a year ago, the dividend yield has grown by 28%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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 8.8% which is lower than the Industrials sector, the industry and its peers average. If we compare it with the Industrials sector average of 28.9%, Landstar System's payout ratio is 70% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| WERN Werner Enterprises Inc | 1.27% | $0.5 | 12.4% |
| KNX Knight-Swift Transportation Holdings Inc | 0.91% | $0.46 | 8.6% |
| JBHT Hunt J B Transport Services Inc | 0.89% | $1.5 | 16.7% |
| LSTR Landstar System Inc | 0.69% | $1.05 | 8.8% |
| HTLD Heartland Express Inc | 0.54% | $0.08 | 4.6% |
| ODFL Old Dominion Freight Line Inc | 0.4% | $1.1 | 10.1% |
Yes, Landstar System has paid four dividends in the last 12 months. LSTR has been paying dividends since 2005.
Currently LSTR's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in November 2022.
Landstar System's last dividend ex-date was on Aug 5, 2022. The dividend amount was $0.3 per share.
On an annual basis LSTR pays $1.05 per share.
The current dividend yield of Landstar System is 0.71%.
Landstar System pays four dividends per year.
Landstar System's dividend payout ratio is 8.8%.
Landstar System's dividend yield is less than the Industrials sector average.