Teejay Lanka Dividend
Dividend criteria checks 2/6
Teejay Lanka is a dividend paying company with a current yield of 1.98% that is well covered by earnings.
Key information
2.0%
Dividend yield
75%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | LK₨1.00 |
Dividend yield forecast in 3Y | 7.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TJL.N0000's dividend payments have been volatile in the past 10 years.
Growing Dividend: TJL.N0000's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Teejay Lanka Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (TJL.N0000) | 2.0% |
Market Bottom 25% (LK) | 2.4% |
Market Top 25% (LK) | 7.9% |
Industry Average (Luxury) | 2.4% |
Analyst forecast in 3 Years (TJL.N0000) | 7.5% |
Notable Dividend: TJL.N0000's dividend (1.98%) isn’t notable compared to the bottom 25% of dividend payers in the LK market (2.42%).
High Dividend: TJL.N0000's dividend (1.98%) is low compared to the top 25% of dividend payers in the LK market (7.95%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (74.7%), TJL.N0000's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (9.7%), TJL.N0000's dividend payments are thoroughly covered by cash flows.