Commercial Bank of Ceylon Dividend
Dividend criteria checks 3/6
Commercial Bank of Ceylon is a dividend paying company with a current yield of 4.18% that is well covered by earnings.
Key information
4.2%
Dividend yield
22%
Payout ratio
Industry average yield | 3.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | LK₨20.56 |
Dividend yield forecast in 3Y | 8.3% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: COMB.X0000's dividend payments have been volatile in the past 10 years.
Growing Dividend: COMB.X0000's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Commercial Bank of Ceylon Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (COMB.X0000) | 4.2% |
Market Bottom 25% (LK) | 2.3% |
Market Top 25% (LK) | 8.5% |
Industry Average (Banks) | 3.8% |
Analyst forecast in 3 Years (COMB.X0000) | 8.3% |
Notable Dividend: COMB.X0000's dividend (4.18%) is higher than the bottom 25% of dividend payers in the LK market (2.31%).
High Dividend: COMB.X0000's dividend (4.18%) is low compared to the top 25% of dividend payers in the LK market (8.5%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.6%), COMB.X0000'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.