Gestetner of Ceylon Dividend
Dividend criteria checks 4/6
Gestetner of Ceylon is a dividend paying company with a current yield of 7.08% that is well covered by earnings.
Key information
7.1%
Dividend yield
28%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | LK₨6.000 |
| Earnings per share | LK₨26.42 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GEST.N0000's dividend payments have been volatile in the past 10 years.
Growing Dividend: GEST.N0000's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Gestetner of Ceylon Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GEST.N0000) | 7.1% |
| Market Bottom 25% (LK) | 2.7% |
| Market Top 25% (LK) | 8.2% |
| Industry Average (Commercial Services) | 2.4% |
| Analyst forecast (GEST.N0000) (up to 3 years) | n/a |
Notable Dividend: GEST.N0000's dividend (7.08%) is higher than the bottom 25% of dividend payers in the LK market (2.68%).
High Dividend: GEST.N0000's dividend (7.08%) is low compared to the top 25% of dividend payers in the LK market (8.25%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.8%), GEST.N0000's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (59.7%), GEST.N0000's dividend payments are covered by cash flows.