Lanka Ceramic Dividends and Buybacks
Dividend criteria checks 4/6
Lanka Ceramic is a dividend paying company with a current yield of 3.25% that is well covered by earnings.
Key information
3.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -6.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | LK₨3.700 |
| Payout ratio | 18% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CERA.N0000's dividend payments have been volatile in the past 10 years.
Growing Dividend: CERA.N0000's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Lanka Ceramic Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CERA.N0000) | 3.2% |
| Market Bottom 25% (LK) | 2.4% |
| Market Top 25% (LK) | 7.3% |
| Industry Average (Building) | 9.2% |
| Analyst forecast (CERA.N0000) (up to 3 years) | n/a |
Notable Dividend: CERA.N0000's dividend (3.25%) is higher than the bottom 25% of dividend payers in the LK market (2.36%).
High Dividend: CERA.N0000's dividend (3.25%) is low compared to the top 25% of dividend payers in the LK market (7.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18%), CERA.N0000's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.9%), CERA.N0000's dividend payments are thoroughly covered by cash flows.