Aitken Spence Dividends and Buybacks
Dividend criteria checks 4/6
Aitken Spence is a dividend paying company with a current yield of 3.53% that is well covered by earnings.
Key information
3.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 3.5% |
| Dividend Growth | 4.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | LK₨4.250 |
| Payout ratio | 29% |
Recent dividend and buyback 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SPEN.N0000) | 3.5% |
| Market Bottom 25% (LK) | 2.6% |
| Market Top 25% (LK) | 7.8% |
| Industry Average (Industrials) | 2.3% |
| Analyst forecast (SPEN.N0000) (up to 3 years) | 3.5% |
Notable Dividend: SPEN.N0000's dividend (3.53%) is higher than the bottom 25% of dividend payers in the LK market (2.55%).
High Dividend: SPEN.N0000's dividend (3.53%) is low compared to the top 25% of dividend payers in the LK market (7.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.4%), SPEN.N0000's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.7%), SPEN.N0000's dividend payments are well covered by cash flows.