Commercial Bank of Ceylon Dividend
Dividend criteria checks 3/6
Commercial Bank of Ceylon is a dividend paying company with a current yield of 5.26% that is well covered by earnings.
Key information
5.3%
Dividend yield
19%
Payout ratio
| Industry average yield | 4.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | LK₨4.417 |
| Earnings per share | LK₨23.64 |
| Dividend yield forecast | 12.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: COMB.N0000's dividend payments have been volatile in the past 10 years.
Growing Dividend: COMB.N0000's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Commercial Bank of Ceylon Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (COMB.N0000) | 5.3% |
| Market Bottom 25% (LK) | 3.0% |
| Market Top 25% (LK) | 8.7% |
| Industry Average (Banks) | 4.5% |
| Analyst forecast (COMB.N0000) (up to 3 years) | 12.7% |
Notable Dividend: COMB.N0000's dividend (5.26%) is higher than the bottom 25% of dividend payers in the LK market (3.03%).
High Dividend: COMB.N0000's dividend (5.26%) is low compared to the top 25% of dividend payers in the LK market (8.73%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.7%), COMB.N0000's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.