LKQ Corp. (LKQ) Dividends
LKQ Price Forecast Based on Dividend Discount Model
Current Price | DDM Fair Value Target: | Forecasted Gain: |
$47.54 | $4.98 | -89.03% |
A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. Regarding Lkq Corp, the DDM model generated by StockNews estimates a return of negative 89.03% in comparison to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Lkq Corp are:
- LKQ's annual revenue of 13 billion US dollars puts it in the large-sized revenue class; relative to suck stocks, its discount rate is lower than that of 90.48% of dividend stocks in the same revenue class (a low discount rate is associated with lower risk).
- Regarding its relative worth based on the dividend discount model, LKQ's provides a return of -89.03% based on the forecast of the dividend discount model we used relative to its current share price; this is a better return than 6.14% of all stocks we measured with our dividend discount model.
- Beta tells us how volatile a stock's price is relative to the broader equity index; for Lkq Corp, its beta is lower than 8.58% of dividend issuing stocks we observed.
LKQ Dividend History
Ex-Dividend Date | Type | Payout Amount | Change |
---|---|---|---|
2023-11-15 | Dividend | $0.30 | +9.09% |
2023-08-16 | Dividend | $0.28 | -- |
2023-05-17 | Dividend | $0.28 | -- |
2023-03-15 | Dividend | $0.28 | -- |
2022-11-16 | Dividend | $0.28 | +10.00% |
2022-08-10 | Dividend | $0.25 | -- |
2022-05-18 | Dividend | $0.25 | -- |
2022-03-02 | Dividend | $0.25 | -- |
2021-11-09 | Dividend | $0.25 | -- |
2012-09-19 | Split | ||
2007-12-04 | Split | ||
2006-01-17 | Split |
LKQ Dividends vs. Peers
LKQ's dividend yield currently ranks #2 of 84 vs. its peers in the Auto Parts category.