In this section of the page, you will find all the information you need to understand how Legrand (LR) dividends work. In addition, you will be able to consult the payment date, the ex-dividend date, the last day to be entitled to the payment, the money to be received per share, the yield and any other doubts that may arise.
Upcoming Legrand dividend
Change(%)
-21.05%
Decrease
Next payment 1.5€
Next payment date Jun 5, 2024
Last payment 1.9€
Last payment date Jun 6, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 5/31/24
Estimated

Legrand will distribute 1,5 euros per share in the form of a dividend on June 5, 2024.

The May 31, 2024 is the ex-dividend date. So if you wish to receive Legrand dividends, you must buy one day before this date.

Legrand distributed 1.9 euros per share in the form of a dividend on June 6, 2023.

Legrand S.A., listed on the stock market in Mexico, Austria, United Kingdom, United States and Paris, with the indicator LEGD, has paid dividends to its investors since 2018 with a stable behavior and without presenting suspensions so far.

The amount to be liquidated shows a growing and sustained history, being granted as a single installment, in the first days of June with a yield of approximately 2.10%.

Payout Ratio Legrand Dividends

Legrand paid 4% of its net income in the last fiscal period as dividends.
Dividend payout ratio

The dividend payout ratio, also known as the payout ratio, is an essential indicator for assessing the stability of a company's dividends. This ratio shows what proportion of the company's net profit is used to pay dividends to shareholders.

Dividend payout ratio = Total dividends ÷ Net income

Legrand's earnings (8,493,000,192.00€) are sufficient to cover the dividend payment. This payment represents 4% of the total net profit of LR.
Dividend payout ratio
General recommendations

An appropriate payout ratio may vary depending on the industry, the company's growth stage and its financial health.

Payout Ratio

Dividend calendar of Legrand

This is the Dividend Calendar of Legrand in 2023.

Event Day
Last trading date May 30, 2024
Ex-Dividend (Ex-Date) May 31, 2024
Record date June 4, 2024
Date of payment June 5, 2024
Dividends schedule Legrand
Data pending official confirmation from the company Legrand (LR).
Estimated
Estimation Policy

Our policy is based on extracting all the financial information available for each company so that our own algorithms weight this information, thus giving us a result as close as possible to the real data.

Source

Historical annual dividend yields of Legrand

Over the past 5 years, Legrand has not consistently increased the annual dividend amount.
Increasing Dividends
Increasing Dividend Program

For a company to have growing dividends by our standards, the annual dividend amount must have increased steadily for at least the last 5 years.

Dividend yield

Dividend yield of Legrand vs. the sector

Legrand's dividend yield (2.14%) is below the sector average (2.86%).
Comparison with industry average
Comparison with industry average

The company's dividend yield is compared to the industry average to determine its positioning.

Legrand's dividend yield is between the top 25% (3.80%) and top 75% (2.01%) of the sector.
Evaluation with respect to competence.
Comparison with competitors

Imagine you have a list of dividend yields for different companies in an industry. If you look for the "top 25%% percentile", you will find a number. This number tells you that the top 25%% of the companies with the highest dividends have a yield higher than that number.

On the other hand, the "top 75%% percentile" shows you another number, which tells you that 75%% of the companies have a higher yield than that number, thus showing a more common and less high yield.

Dividend yield history in Legrand

In the last 5 years, Legrand's annual dividend amount has not fallen more than 10%.
Dividend stability
Dividend stability

For a company to have stable dividends by our standards, it is vital that it has not had an annual decline of more than 10% over the previous year.

Dividend history of Legrand

In this table you can see the dividend history of Legrand:

YearEx-DividendAmountTotal
2023
06/02/2023
1.9 €
1.9 €
2022
05/30/2022
1.65 €
1.65 €
2021
05/28/2021
1.42 €
1.42 €
2020
06/01/2020
1.34 €
1.34 €
2019
06/03/2019
1.34 €
1.34 €
2018
06/01/2018
1.26 €
1.26 €
2017
06/02/2017
0.791 €
0.791 €
2016
05/31/2016
0.421 €
0.421 €
2015
06/02/2015
0.17 €
0.17 €
2014
05/29/2014
1.05 €
1.05 €
2013
05/29/2013
1. €
1 €
2012
05/31/2012
0.93 €
0.93 €
2011
05/31/2011
0.88 €
0.88 €
2010
06/02/2010
0.7 €
0.7 €
2009
06/01/2009
0.7 €
0.7 €
2008
06/03/2008
05/29/2008
0.7 €
0.7 €
1.4 €
2007
05/21/2007
0.5 €
0.5 €
2006
06/08/2006
0.41 €
0.41 €
Dividend history of Legrand

Legrand dividend capture strategy

Step 1: Buy Legrand shares (LR) one day before ex-dividend date
Date of purchase May 30, 2024
Next ex-dividend date May 31, 2024
Step 2: Sell Legrand shares (LR) when the price recovers.
Date of sale (estimated) N/A
Average price recovery N/A
Average return on cost N/A
The dividend capture strategy is based on historical Legrand data. Past performance is no guarantee of future results.

Information about Legrand

Full name Legrand SA
Ticker LR
Sector Industry
Industry Electrical Equipment & Parts
Market Capitalization 23.20B €
ISIN N/A
Number of Employees 38,000
Address 128 Av. du Maréchal de Lattre de Tassigny, Limoges, 87045, France
Phone 33 5 55 06 87 87
Website https://www.legrandgroup.com
Description of the company

Legrand S.A., is a leading group in the production and commercialization of systems for information networks, electrical installations, surveillance and home automation, with more than 140 acquired companies, more than 300 thousand products, worldwide sales with operations in 90 countries, and 38 thousand employees.

It was founded in 1904 in Limoges, operating as a workshop for modeling porcelain, evolving in such a way that today its activities are based on a sustainable business chain, reaching seven million euros in sales by 2021.

Among its activities and products can be referred to the installation of cabinets for structured cabling, plastic and metal boxes, accessories, modules, home theater connections, wall plates, audiovisual cables, HDMI, data connectivity, low voltage supports, trapezoidal inserts, preconfigured straps, intelligent energy, power distribution, UPS backup systems, home automation elements, mounts, intercoms, video and voice, camera mounts, intercoms, cameras, racks, commercial racks and cabinets, electrical projection screens, consoles and workstations, residential audiovisual furniture, production and presentation switches, AV bridges and encoders, lighting controls and systems, audiovisual networks, among others.

They operate through the management of various brands such as Adorne, Approved Networks, C2G, Legrand, Chief, Connectra, Da-Lite, Encelium, Finelite, Focal Point, Indigo Clean, Kenall, Luxul, Middle Atlantic Products, OCL, Pinnacle, Projecta, Raritan, Sanus, Server Technology, Starline, Vaddio and Vantage.

Its market is quite broad covering Commercial, Data Center Solutions, Education, Food & Beverage, Healthcare, Hospitality, Manufacturing, Oil & Gas, Water & Wastewater and Residential.

Frequently asked questions about Legrand dividends

Legrand pays dividends on a Annual basis.

Legrand is listed on the Bourse de Paris and is part of the CAC40.

Legrand has the Ticker or stock code LR.

Legrand belongs to the Industry sector and the Electrical Equipment & Parts industry.

The CEO of Legrand in 2023 is Mr. Benoît Coquart.

At this moment, the value of a Legrand share is 88.16€.

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

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