Luminex Dividend
Dividend criteria checks 3/6
Luminex is a dividend paying company with a current yield of 3.47% that is well covered by earnings.
Key information
3.5%
Dividend yield
39%
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₨0.56 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LUMX.N0000 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: LUMX.N0000 has only been paying a dividend for 2 years, and since then payments have fallen.
Dividend Yield vs Market
Luminex Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (LUMX.N0000) | 3.5% |
Market Bottom 25% (LK) | 2.3% |
Market Top 25% (LK) | 7.5% |
Industry Average (Construction) | 2.9% |
Analyst forecast in 3 Years (LUMX.N0000) | n/a |
Notable Dividend: LUMX.N0000's dividend (3.47%) is higher than the bottom 25% of dividend payers in the LK market (2.31%).
High Dividend: LUMX.N0000's dividend (3.47%) is low compared to the top 25% of dividend payers in the LK market (7.5%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.5%), LUMX.N0000's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.1%), LUMX.N0000's dividend payments are thoroughly covered by cash flows.