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Local Bounti Corp
NYSE LOCL
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Local Bounti Corp Dividend Payout Ratio for the Trailing 12 Months (TTM) ending March 31, 2024
Local Bounti Corp Dividend Payout Ratio is NA for the Trailing 12 Months (TTM) ending March 31, 2024. The dividend payout ratio measures the percentage of a company's net income that is distributed as dividends to shareholders. It is calculated by dividing dividends paid by net income. This ratio provides insights into the portion of earnings that is returned to shareholders in the form of dividends. A higher ratio indicates a larger proportion of earnings being paid out as dividends.
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Local Bounti Corp Dividend Payout Ratio for the Trailing 12 Months (TTM) ending March 31, 2022 was -236.25%, a 18.73% change year over year.
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Local Bounti Corp Dividend Payout Ratio for the Trailing 12 Months (TTM) ending March 31, 2021 was -290.70%.
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NYSE: LOCL
| CEO | Mr. Craig M. Hurlbert |
| IPO Date | April 19, 2021 |
| Location | United States |
| Headquarters | 490 Foley Lane, Hamilton, MT, United States, 59840 |
| Employees | 301 |
| Sector | Consumer Defensive |
| Industry | Farm products |
Description
Local Bounti Corporation grows and packs fresh greens in the United States. It produces lettuce, herbs, and loose-leaf lettuce. The company sells its products to food retailers and food service distributors. Local Bounti Corporation was founded in 2018 and is headquartered in Hamilton, Montana.
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September 20, 2024
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