Aitken Spence Dividend
Dividend criteria checks 3/6
Aitken Spence is a dividend paying company with a current yield of 3.05%.
Key information
3.0%
Dividend yield
-1,281%
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₨0.31 |
Dividend yield forecast in 3Y | 3.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SPEN.N0000's dividend payments have been volatile in the past 10 years.
Growing Dividend: SPEN.N0000's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Aitken Spence Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (SPEN.N0000) | 3.0% |
Market Bottom 25% (LK) | 2.4% |
Market Top 25% (LK) | 8.0% |
Industry Average (Industrials) | 2.5% |
Analyst forecast in 3 Years (SPEN.N0000) | 3.0% |
Notable Dividend: SPEN.N0000's dividend (3.05%) is higher than the bottom 25% of dividend payers in the LK market (2.39%).
High Dividend: SPEN.N0000's dividend (3.05%) is low compared to the top 25% of dividend payers in the LK market (7.98%).
Earnings Payout to Shareholders
Earnings Coverage: SPEN.N0000 is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.6%), SPEN.N0000's dividend payments are well covered by cash flows.