Upcoming Lar España dividend
Change(%)
+31.67%
Increase
Next payment 0.79€
Next payment date May 24, 2024
Last payment 0.6€
Last payment date Apr 28, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 4/24/24
Confirmed

Lar España has scheduled the next dividend payment for May 24, 2024, with an amount of 0,79 euros per share.

The Last Trading Day (April 23, 2024) is decisive for your eligibility to receive dividends.

Lar España issued a dividend of 0.6 euros on April 28, 2023, with a performance of 12.15%.

Lar España Real Estate is listed under the LRES banner, demonstrating a substantial increase in recent years, with real estate appreciating annually, indicating a strong stability in the market.

Dividends are paid to shareholders on an annual basis, usually in two payments on the same day, although the date is not constant, and the deposit is usually made in April or May.

Although generally the amount was slightly modest while maintaining a yield of around 2% to 6%, the second payment in 2023 presented a substantial increase with a dividend yield of 17%.

Payout Ratio Lar España Dividends

Lar España paid 9% of its net income in the last fiscal period as dividends.
Lar España's earnings (94,919,000.00€) are sufficient to cover the dividend payment. This payment represents 9% of the total net profit of LRE.
Dividend payout ratio
Payout Ratio

Dividend calendar of Lar España

These are the most important events of the Lar España calendar in 2024:

Event Day
Last trading date April 23, 2024
Ex-Dividend (Ex-Date) April 24, 2024
Record date April 25, 2024
Date of payment May 24, 2024
Data confirmed by the company Lar España (LRE).
Confirmed
Source
Historical annual dividend yields of Lar España
Over the past 5 years, Lar España has not consistently increased the annual dividend amount.
Increasing Dividends
Dividend yield
Dividend yield of Lar España vs. the sector
Lar España's dividend yield (11.59%) is above the sector average (10.48%).
Comparison with industry average
Lar España's dividend yield is among the top 25% (10.48%) of the sector.
Evaluation with respect to competence.
Dividend yield history in Lar España
Over the past 5 years, Lar España's annual dividend income has fallen by more than 10%.
Dividend stability

Dividend history of Lar España

In this table you can see the complete history:

YearEx-DividendAmountTotal
2023
03/30/2023
0.5974 €
0.5974 €
2022
04/26/2022
0.3584 €
0.3584 €
2021
05/19/2021
0.3138 €
0.3138 €
2020
03/16/2020
0.6276 €
0.6276 €
2019
04/24/2019
0.8 €
0.8 €
2018
05/16/2018
0.486 €
0.486 €
2017
05/26/2017
0.038 €
0.038 €
2016
04/22/2016
0.2 €
0.2 €
2015
04/29/2015
0.029488 €
0.029488 €
Lar España dividend capture strategy
Step 1: Buy Lar España shares (LRE) one day before ex-dividend date
Date of purchase Apr 23, 2024
Next ex-dividend date Apr 24, 2024
Step 2: Sell Lar España shares (LRE) when the price recovers.
Date of sale (estimated) May 8, 2024
Average price recovery 14 days
Average return on cost 8.06%
The dividend capture strategy is based on historical Lar España data. Past performance is no guarantee of future results.

Information about Lar España

Full name Lar España Real Estate SOCIMI, S.A.
Ticker LRE
Sector Real Estate
Industry REIT - Diversified
Market Capitalization 570.48 €
Number of Employees 4
Description of the company

Lar España Real Estate, registered in the "Sociedad Cotizada de Inversión Inmobiliaria" (SOCIMI) is dedicated to the real estate industry, mainly focused on the retail sector.

Managed by Grupo Lar, it was created at an ideal time due to the fact that the Spanish market was in a historical downward trend, thus entering a new period, however, the formation of Lar España and its entry to the stock exchange as the first SOCIMI to participate, fostered more confidence in investors and therefore a change in the trend.

It is managed by a select group of highly qualified professionals in the financial and real estate sector, comprised of 7 directors representing Grupo Lar, in addition to its management team.

It has 14 real estate assets, 9 of which are shopping centers and 5 are commercial recreational parks, all located in Spain, in addition to more than 500 thousand square meters distributed in different places for rent.

Frequently asked questions about Lar España dividends

Lar España pays dividends on a Anual basis.

Lar España is listed on the and is part of the Ibex Small.

Lar España has the Ticker or stock code LRE.

The CEO of Lar España in 2024 is Mr. Miguel Pereda Espeso.

Lar España does not have a growing dividend program. Dividends have not shown a steady growth in the last 5 years.

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