Sampath Bank Dividend
Dividend criteria checks 4/6
Sampath Bank is a dividend paying company with a current yield of 8.6% that is well covered by earnings.
Key information
8.6%
Dividend yield
31%
Payout ratio
| Industry average yield | 4.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | LK₨5.850 |
| Earnings per share | LK₨18.89 |
| Dividend yield forecast | 13.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SAMP.N0000's dividend payments have been volatile in the past 10 years.
Growing Dividend: SAMP.N0000's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Sampath Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SAMP.N0000) | 8.6% |
| Market Bottom 25% (LK) | 3.0% |
| Market Top 25% (LK) | 8.6% |
| Industry Average (Banks) | 4.7% |
| Analyst forecast (SAMP.N0000) (up to 3 years) | 13.7% |
Notable Dividend: SAMP.N0000's dividend (8.6%) is higher than the bottom 25% of dividend payers in the LK market (3.04%).
High Dividend: SAMP.N0000's dividend (8.6%) is low compared to the top 25% of dividend payers in the LK market (8.62%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31%), SAMP.N0000's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SAMP.N0000's dividends in 3 years are forecast to be well covered by earnings (38.9% payout ratio).