Lankem Ceylon Dividend
Dividend criteria checks 3/6
Lankem Ceylon is a dividend paying company with a current yield of 14.41%.
Key information
14.4%
Dividend yield
284%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | LK₨3.51 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LCEY.N0000's dividend payments have been volatile in the past 10 years.
Growing Dividend: LCEY.N0000's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Lankem Ceylon Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (LCEY.N0000) | 14.4% |
Market Bottom 25% (LK) | 2.3% |
Market Top 25% (LK) | 8.0% |
Industry Average (Industrials) | 2.4% |
Analyst forecast in 3 Years (LCEY.N0000) | n/a |
Notable Dividend: LCEY.N0000's dividend (14.41%) is higher than the bottom 25% of dividend payers in the LK market (2.27%).
High Dividend: LCEY.N0000's dividend (14.41%) is in the top 25% of dividend payers in the LK market (7.96%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (283.8%), LCEY.N0000's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: LCEY.N0000 is paying a dividend but the company has no free cash flows.