DFCC Bank Dividends and Buybacks
Dividend criteria checks 2/6
DFCC Bank is a dividend paying company with a current yield of 3.4% that is well covered by earnings.
Key information
3.4%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 3.4% |
| Future Dividend Yield | n/a |
| Dividend Growth | -6.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | LK₨2.926 |
| Payout ratio | 16% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DFCC.N0000's dividend payments have been volatile in the past 10 years.
Growing Dividend: DFCC.N0000's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| DFCC Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DFCC.N0000) | 3.4% |
| Market Bottom 25% (LK) | 2.4% |
| Market Top 25% (LK) | 7.3% |
| Industry Average (Banks) | 3.3% |
| Analyst forecast (DFCC.N0000) (up to 3 years) | n/a |
Notable Dividend: DFCC.N0000's dividend (3.4%) is higher than the bottom 25% of dividend payers in the LK market (2.38%).
High Dividend: DFCC.N0000's dividend (3.4%) is low compared to the top 25% of dividend payers in the LK market (7.32%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (16%), DFCC.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.