Abans Electricals Dividend
Dividend criteria checks 3/6
Abans Electricals is a dividend paying company with a current yield of 2.27% that is well covered by earnings.
Key information
2.3%
Dividend yield
7%
Payout ratio
Industry average yield | 2.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | LK₨70.51 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ABAN.N0000's dividend payments have been volatile in the past 10 years.
Growing Dividend: ABAN.N0000's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Abans Electricals Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (ABAN.N0000) | 2.3% |
Market Bottom 25% (LK) | 2.3% |
Market Top 25% (LK) | 8.0% |
Industry Average (Consumer Durables) | 2.7% |
Analyst forecast in 3 Years (ABAN.N0000) | n/a |
Notable Dividend: ABAN.N0000's dividend (2.27%) isn’t notable compared to the bottom 25% of dividend payers in the LK market (2.27%).
High Dividend: ABAN.N0000's dividend (2.27%) is low compared to the top 25% of dividend payers in the LK market (7.96%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (7.1%), ABAN.N0000's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (4.9%), ABAN.N0000's dividend payments are thoroughly covered by cash flows.