Upcoming Logista dividend
Change(%)
+177.55%
Increase
Next payment 1.36€
Next payment date Feb 29, 2024
Last payment 0.49€
Last payment date Aug 28, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 2/27/24
Confirmed

Holders of Logista can expect to receive a dividend of 1,36 euros per share on the scheduled date of February 29, 2024.

Acquiring shares of Logista before February 27, 2024 will guarantee you a dividend of 1,36 euros, with February 26, 2024 being the last day to make the purchase.

Shareholders of Logista received a dividend of 0.49 euros 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.
Logista's earnings (12,607,735,808.00€) are sufficient to cover the dividend payment. This payment represents 6% of the total net profit of LOG.
Dividend payout ratio
Payout Ratio

Dividend calendar of Logista

These are the most important events of the Logista calendar in 2024:

Event Day
Last trading date February 26, 2024
Ex-Dividend (Ex-Date) February 27, 2024
Record date February 28, 2024
Date of payment February 29, 2024
Data confirmed by the company Logista (LOG).
Confirmed
Source
Historical annual dividend yields of Logista
Over the past 5 years, Logista has not consistently increased the annual dividend amount.
Increasing Dividends
Dividend yield
Dividend yield of Logista vs. the sector
Logista's dividend yield (7.23%) is above the sector average (4.14%).
Comparison with industry average
Logista's dividend yield is among the top 25% (4.96%) of the sector.
Evaluation with respect to competence.
Dividend yield history in Logista
In the last 5 years, Logista's annual dividend amount has not fallen more than 10%.
Dividend stability

Dividend history of Logista

In this table you can see the complete history:

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 €
Logista dividend capture strategy
Step 1: Buy Logista shares (LOG) one day before ex-dividend date
Date of purchase Feb 26, 2024
Next ex-dividend date Feb 27, 2024
Step 2: Sell Logista shares (LOG) when the price recovers.
Date of sale (estimated) Mar 15, 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 3.36B €
Number of Employees 6,416
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 Semestral basis.

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

Logista has the Ticker or stock code LOG.

The CEO of Logista in 2024 is Mr. Inigo Meiras Amusco.

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

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