Royal Ceramics Lanka Dividend
Dividend criteria checks 3/6
Royal Ceramics Lanka is a dividend paying company with a current yield of 7.33% that is well covered by earnings.
Key information
7.3%
Dividend yield
39%
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₨6.35 |
Dividend yield forecast in 3Y | 11.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RCL.N0000's dividend payments have been volatile in the past 10 years.
Growing Dividend: RCL.N0000's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Royal Ceramics Lanka Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (RCL.N0000) | 7.3% |
Market Bottom 25% (LK) | 2.3% |
Market Top 25% (LK) | 7.5% |
Industry Average (Building) | 2.5% |
Analyst forecast in 3 Years (RCL.N0000) | 11.1% |
Notable Dividend: RCL.N0000's dividend (7.33%) is higher than the bottom 25% of dividend payers in the LK market (2.35%).
High Dividend: RCL.N0000's dividend (7.33%) is low compared to the top 25% of dividend payers in the LK market (7.54%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.4%), RCL.N0000's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (128.6%), RCL.N0000's dividend payments are not well covered by cash flows.