Hemas Holdings Dividends and Buybacks
Dividend criteria checks 4/6
Hemas Holdings is a dividend paying company with a current yield of 4.77% that is well covered by earnings. Next payment date is on 5th December, 2024 with an ex-dividend date of 18th November, 2024.
Key information
4.8%
Dividend yield
-0.05%
Buyback Yield
| Total Shareholder Yield | 4.7% |
| Future Dividend Yield | 5.8% |
| Dividend Growth | 15.1% |
| Next dividend pay date | 05 Dec 24 |
| Ex dividend date | 18 Nov 24 |
| Dividend per share | LK₨4.000 |
| Payout ratio | 38% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HHL.N0000's dividend payments have been volatile in the past 10 years.
Growing Dividend: HHL.N0000's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Hemas Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HHL.N0000) | 4.8% |
| Market Bottom 25% (LK) | 2.5% |
| Market Top 25% (LK) | 7.4% |
| Industry Average (Industrials) | 2.4% |
| Analyst forecast (HHL.N0000) (up to 3 years) | 5.8% |
Notable Dividend: HHL.N0000's dividend (4.77%) is higher than the bottom 25% of dividend payers in the LK market (2.43%).
High Dividend: HHL.N0000's dividend (4.77%) is low compared to the top 25% of dividend payers in the LK market (7.47%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.2%), HHL.N0000's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (52.8%), HHL.N0000's dividend payments are covered by cash flows.