Table of Contents

company-logo

LGI Limited provides carbon abatement and renewable energy solutions with biogas from landfill. It offers greenhouse gas abatement, biogas extraction infrastructure and management, renewable energy generation, and firming renewable solutions. The company engages in the design, construction, operation, maintenance, and monitoring of biogas extraction from landfill systems. It also drills wells and manufactures Type B compliant flares; and builds, owns, and operates biogas to renewable power stations on the landfills of its customers. The company was founded in 2009 and is based in Eagle Farm, Australia.

LGI Dividend Announcement

• LGI announced a semi annually dividend of A$0.01 per ordinary share which will be made payable on 2024-09-26. Ex dividend date: 2024-09-11
• LGI annual dividend for 2024 was A$0.03
• LGI annual dividend for 2023 was A$0.02
• LGI's trailing twelve-month (TTM) dividend yield is 0.85%
• LGI's payout ratio for the trailing twelve months (TTM) is 32.28%

LGI Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-11A$0.01semi annually2024-09-26
2024-03-19A$0.01semi annually
2023-09-11A$0.01semi annually2023-09-26
2023-03-24A$0.01semi annually2023-04-06

LGI Dividend per year

LGI Dividend Yield

LGI current trailing twelve-month (TTM) dividend yield is 0.85%. Interested in purchasing LGI stock? Use our calculator to estimate your expected dividend yield:

LGI Financial Ratios

P/E ratio31.95
PEG ratio0.32
P/B ratio4.97
ROE15.74%
Payout ratio32.28%
Current ratio2.94
Quick ratio2.94
Cash Ratio0.34

LGI Dividend FAQ

Does LGI stock pay dividends?
LGI does not currently pay dividends to its shareholders.
Has LGI ever paid a dividend?
No, LGI has no a history of paying dividends to its shareholders. LGI is not known for its dividend payments.
Why doesn't LGI pay dividends?
There are several potential reasons why LGI would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will LGI ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While LGI has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is LGI a dividend aristocrat?
LGI is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is LGI a dividend king?
LGI is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is LGI a dividend stock?
No, LGI is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy LGI stocks?
To buy LGI you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy LGI stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.