Eastern Lubricants Blenders Dividends and Buybacks
Dividend criteria checks 2/6
Eastern Lubricants Blenders is a dividend paying company with a current yield of 0.55% that is well covered by earnings. Next payment date is on 10th March, 2025 with an ex-dividend date of 10th December, 2024.
Key information
0.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -0.5% |
| Next dividend pay date | 10 Mar 25 |
| Ex dividend date | 10 Dec 24 |
| Dividend per share | ৳8.000 |
| Payout ratio | 32% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: EASTRNLUB has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: EASTRNLUB's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Eastern Lubricants Blenders Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (EASTRNLUB) | 0.5% |
| Market Bottom 25% (BD) | 1.1% |
| Market Top 25% (BD) | 4.5% |
| Industry Average (Chemicals) | 7.5% |
| Analyst forecast (EASTRNLUB) (up to 3 years) | n/a |
Notable Dividend: EASTRNLUB's dividend (0.55%) isn’t notable compared to the bottom 25% of dividend payers in the BD market (1.08%).
High Dividend: EASTRNLUB's dividend (0.55%) is low compared to the top 25% of dividend payers in the BD market (4.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.2%), EASTRNLUB's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22.9%), EASTRNLUB's dividend payments are well covered by cash flows.