Alpha Fire Services Dividend
Dividend criteria checks 3/6
Alpha Fire Services is a dividend paying company with a current yield of 3.29% that is well covered by earnings.
Key information
3.3%
Dividend yield
14%
Payout ratio
| Industry average yield | 2.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | LK₨0.73 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether AFS.N0000's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if AFS.N0000's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Alpha Fire Services Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (AFS.N0000) | 3.3% |
| Market Bottom 25% (LK) | 2.3% |
| Market Top 25% (LK) | 7.5% |
| Industry Average (Construction) | 2.9% |
| Analyst forecast in 3 Years (AFS.N0000) | n/a |
Notable Dividend: AFS.N0000's dividend (3.29%) is higher than the bottom 25% of dividend payers in the LK market (2.31%).
High Dividend: AFS.N0000's dividend (3.29%) is low compared to the top 25% of dividend payers in the LK market (7.5%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.9%), AFS.N0000's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (43%), AFS.N0000's dividend payments are well covered by cash flows.