Leons Dividend Yield from 2010 to 2026
| LNF Stock | CAD 28.27 0.02 0.07% |
Dividend Yield | First Reported 2010-12-31 | Previous Quarter 0.0258 | Current Value 0.0246 | Quarterly Volatility 0.01620447 |
Check Leons Furniture financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Leons Furniture's main balance sheet or income statement drivers, such as Depreciation And Amortization of 128.8 M, Interest Expense of 27.9 M or Selling General Administrative of 979 M, as well as many indicators such as Price To Sales Ratio of 1.07, Dividend Yield of 0.0246 or PTB Ratio of 2.31. Leons financial statements analysis is a perfect complement when working with Leons Furniture Valuation or Volatility modules.
Leons | Dividend Yield |
Latest Leons Furniture's Dividend Yield Growth Pattern
Below is the plot of the Dividend Yield of Leons Furniture Limited over the last few years. Dividend Yield is Leons Furniture Limited dividend as a percentage of Leons Furniture stock price. Leons Furniture dividend yield is a measure of Leons Furniture stock productivity, which can be interpreted as interest rate earned on an Leons Furniture investment. It is a financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share. Leons Furniture's Dividend Yield historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Leons Furniture's overall financial position and show how it may be relating to other accounts over time.
| Dividend Yield | 10 Years Trend |
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Dividend Yield |
| Timeline |
Leons Dividend Yield Regression Statistics
| Arithmetic Mean | 0.03 | |
| Geometric Mean | 0.03 | |
| Coefficient Of Variation | 51.13 | |
| Mean Deviation | 0.01 | |
| Median | 0.03 | |
| Standard Deviation | 0.02 | |
| Sample Variance | 0.0003 | |
| Range | 0.0785 | |
| R-Value | 0.23 | |
| Mean Square Error | 0.0003 | |
| R-Squared | 0.05 | |
| Significance | 0.37 | |
| Slope | 0.0007 | |
| Total Sum of Squares | 0 |
Leons Dividend Yield History
About Leons Furniture Financial Statements
Leons Furniture investors utilize fundamental indicators, such as Dividend Yield, to predict how Leons Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Dividend Yield | 0.03 | 0.02 |
Pair Trading with Leons Furniture
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Leons Furniture position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Leons Furniture will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Leons Furniture could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Leons Furniture when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Leons Furniture - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Leons Furniture Limited to buy it.
The correlation of Leons Furniture is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Leons Furniture moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Leons Furniture moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Leons Furniture can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Leons Stock
Leons Furniture financial ratios help investors to determine whether Leons Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Leons with respect to the benefits of owning Leons Furniture security.