Lanka Tiles Dividend
Dividend criteria checks 5/6
Lanka Tiles is a dividend paying company with a current yield of 11.47% that is well covered by earnings.
Key information
11.5%
Dividend yield
52%
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₨11.81 |
Dividend yield forecast in 3Y | 11.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TILE.N0000's dividend payments have been volatile in the past 10 years.
Growing Dividend: TILE.N0000's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Lanka Tiles Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (TILE.N0000) | 11.5% |
Market Bottom 25% (LK) | 2.3% |
Market Top 25% (LK) | 7.5% |
Industry Average (Building) | 2.5% |
Analyst forecast in 3 Years (TILE.N0000) | 11.5% |
Notable Dividend: TILE.N0000's dividend (11.47%) is higher than the bottom 25% of dividend payers in the LK market (2.35%).
High Dividend: TILE.N0000's dividend (11.47%) is in the top 25% of dividend payers in the LK market (7.54%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.6%), TILE.N0000's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (62.1%), TILE.N0000's dividend payments are covered by cash flows.