LandBridge (LB) Dividend Coverage Ratio (2023 - 2026)
LandBridge's (LB) quarterly Dividend Coverage Ratio came in at 3.36 in Q2 2026, up 38.91% on a YoY basis from 2.42 in Q2 2025, and up 73.94% quarter-over-quarter from 1.93 in Q1 2026.
Analysis
LandBridge (LB) Dividend Coverage Ratio (2023 - 2026) Analysis & Trends
LandBridge (LB) has reported Dividend Coverage Ratio for 4 consecutive years, with 3.36 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Dividend Coverage Ratio rose 38.91% year-over-year to 3.36; the trailing twelve-month figure through Jun 2026 stood at 2.14 (up 736.04% YoY), and the FY2025 full-year result was 1.01, up 675.46% from the prior year.
- Dividend Coverage Ratio improved to 3.36 in Q2 2026 per LB's latest filing, from 1.93 in the prior quarter.
- Across five years, Dividend Coverage Ratio topped out at 3.36 in Q2 2026 and bottomed at 0.02 in Q3 2024.
- Historically, Dividend Coverage Ratio has averaged 1.77 across 4 years, with a median of 2.02 in 2025.
- The sharpest annual moves came in 2024 and 2025: Dividend Coverage Ratio plunged 107.97% in 2024, then jumped 16532.52% in 2025.
- Over 4 years, Dividend Coverage Ratio stood at 0.2 in 2023, then jumped by 1126.35% to 2.48 in 2024, then tumbled by 62.69% to 0.93 in 2025, then surged by 262.75% to 3.36 in 2026.
- According to Business Quant data, Dividend Coverage Ratio over the past three periods registered 3.36, 1.93, and 0.93 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 25.83 Bn | 25.58 Bn | - | 3.72 |
| 2 | Eason Technology | 6.12 Bn | 6.12 Bn | - | - |
| 3 | Opendoor Technologies | 2.91 Bn | 2.02 Bn | 86.00 Mn | - |
| 4 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.87 Bn | 2.87 Bn | - | 2.65 |
| 5 | LandBridge | 2.44 Bn | 2.40 Bn | 65.51 Mn | 3.36 |
| 6 | Kennedy-Wilson Holdings | 1.52 Bn | 1.37 Bn | 83.20 Mn | 0.82 |
| 7 | Frp Holdings | 420.67 Mn | 420.67 Mn | - | - |
| 8 | American Realty Investors | 250.20 Mn | 250.20 Mn | - | - |
| 9 | Belpointe PREP | 186.60 Mn | 186.60 Mn | - | - |
| 10 | Star Holdings | 114.16 Mn | 79.35 Mn | 5.31 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.36 |
| Mar 31, 2026 | 1.93 |
| Dec 31, 2025 | 0.93 |
| Sep 30, 2025 | 2.65 |
| Jun 30, 2025 | 2.42 |
| Mar 31, 2025 | 2.02 |
| Dec 31, 2024 | 2.48 |
| Sep 30, 2024 | -0.02 |
| Sep 30, 2023 | 0.20 |