Central Industries Dividend
Dividend criteria checks 3/6
Central Industries is a dividend paying company with a current yield of 2.16% that is well covered by earnings.
Key information
2.2%
Dividend yield
11%
Payout ratio
Industry average yield | 2.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | LK₨26.23 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CIND.N0000's dividend payments have been volatile in the past 10 years.
Growing Dividend: CIND.N0000's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Central Industries Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (CIND.N0000) | 2.2% |
Market Bottom 25% (LK) | 2.3% |
Market Top 25% (LK) | 7.5% |
Industry Average (Building) | 2.5% |
Analyst forecast in 3 Years (CIND.N0000) | n/a |
Notable Dividend: CIND.N0000's dividend (2.16%) isn’t notable compared to the bottom 25% of dividend payers in the LK market (2.35%).
High Dividend: CIND.N0000's dividend (2.16%) is low compared to the top 25% of dividend payers in the LK market (7.54%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.1%), CIND.N0000's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (8%), CIND.N0000's dividend payments are thoroughly covered by cash flows.