In this section of the page, you will find all the information you need to understand how Logista (LOG) 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 Logista dividend
Change(%)
+91.84%
Increase
Next payment 0.94€
Next payment date Feb 22, 2024
Last payment 0.49€
Last payment date Aug 28, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 2/16/24
Estimated

Logista will distribute 0,94 euros per share in the form of a dividend on February 22, 2024.

The February 16, 2024 is the ex-dividend date. So if you wish to receive Logista dividends, you must buy one day before this date.

Logista distributed 0.49 euros per share in the form of a dividend on August 28, 2023.

As for Logista's dividend policy, since its IPO in 2014 it has distributed dividends annually in two payments with a fairly high pay-out ratio. All in all, we could say that Logista presents a strong dividend policy with respect to the competition.

Despite the difficult situation imposed by the pandemic, it closed its 2021-2022 fiscal year with a consolidated net profit of almost 200 million euros, a new record for the Imperial Brands company (a 14.3% better result than the previous year).

As a result, it has decided to increase its shareholder remuneration policy, increasing its dividend payout to 11.6%, which represents 183 million euros, equivalent to 92% of its consolidated net profit.

Logista's latest dividend distribution represents the largest amount paid to shareholders since its IPO more than eight years ago.

Payout Ratio Logista Dividends

Logista paid 6% 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

Logista's earnings (12,427,536,384.00€) are sufficient to cover the dividend payment. This payment represents 6% of the total net profit of LOG.
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 Logista

This is the Dividend Calendar of Logista in 2023.

Event Day
Last trading date February 15, 2024
Ex-Dividend (Ex-Date) February 16, 2024
Record date February 21, 2024
Date of payment February 22, 2024
Dividends schedule Logista
Data pending official confirmation from the company Logista (LOG).
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 Logista

Over the past 5 years, Logista 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 Logista vs. the sector

Logista's dividend yield (6.03%) is above the sector average (4.17%).
Comparison with industry average
Comparison with industry average

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

Logista's dividend yield is among the top 25% (5.49%) 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 Logista

In the last 5 years, Logista'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 Logista

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

YearEx-DividendAmountTotal
2023
08/24/2023
02/21/2023
0.49 €
0.95 €
1.44 €
2022
08/22/2022
02/22/2022
0.43 €
0.83 €
1.26 €
2021
08/25/2021
02/24/2021
0.41 €
0.79 €
1.2 €
2020
08/26/2020
03/25/2020
0.39 €
0.81 €
1.2 €
2019
08/27/2019
03/27/2019
0.37 €
0.77 €
1.14 €
2018
08/28/2018
03/26/2018
0.35 €
0.75 €
1.1 €
2017
08/28/2017
03/27/2017
0.3 €
0.65 €
0.95 €
2016
08/24/2016
03/23/2016
0.25 €
0.5 €
0.75 €
2015
08/27/2015
02/26/2015
0.24 €
0.56 €
0.8 €
Dividend history of Logista

Logista dividend capture strategy

Step 1: Buy Logista shares (LOG) one day before ex-dividend date
Date of purchase Feb 15, 2024
Next ex-dividend date Feb 16, 2024
Step 2: Sell Logista shares (LOG) when the price recovers.
Date of sale (estimated) Mar 4, 2024
Average price recovery 17 days
Average return on cost 3.47%
The dividend capture strategy is based on historical Logista data. Past performance is no guarantee of future results.

Information about Logista

Full name Compañía de Distribución Integral Logista Holdings, S.A.
Ticker LOG
Sector Industry
Industry Integrated Freight & Logistics
Market Capitalization 3.18B €
ISIN N/A
Number of Employees 6,416
Address 39. Polígono Industrial Polvoranca, Leganés, 28914, Spain
Phone 34 914 81 98 00
Website https://www.grupologista.com
Description of the company

Logista is a Spanish company that offers services and solutions in the field of logistics and distribution. Currently headquartered in Madrid, it is listed on the Spanish stock exchange and is one of the companies included in the IBEX35 index.

Its main activity is the distribution of products and all kinds of solutions for retail and hospitality. Logista is one of the largest product distribution companies in Europe, working in Spain, Portugal, France, Italy and other countries on the continent. Today they have more than 100,000 active customers.

In addition, it is one of the Spanish companies that emphasizes juicy dividends, being one of those companies that cannot be missing in your portfolio.

Frequently asked questions about Logista dividends

Logista pays dividends on a Semiannual basis.

Logista is listed on the Madrid Stock Exchange and is part of the Ibex35.

Logista has the Ticker or stock code LOG.

Logista belongs to the Industry sector and the Integrated Freight & Logistics industry.

The CEO of Logista in 2023 is Mr. Inigo Meiras Amusco.

At this moment, the value of a Logista share is 24.16€.

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

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