Cargills (Ceylon) Dividend
Dividend criteria checks 5/6
Cargills (Ceylon) is a dividend paying company with a current yield of 4.03% that is well covered by earnings.
Key information
4.0%
Dividend yield
66%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | LK₨22.85 |
Dividend yield forecast in 3Y | 3.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CARG.N0000's dividends per share have been stable in the past 10 years.
Growing Dividend: CARG.N0000's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Cargills (Ceylon) Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (CARG.N0000) | 4.0% |
Market Bottom 25% (LK) | 2.3% |
Market Top 25% (LK) | 8.0% |
Industry Average (Consumer Retailing) | 2.1% |
Analyst forecast in 3 Years (CARG.N0000) | 3.3% |
Notable Dividend: CARG.N0000's dividend (4.03%) is higher than the bottom 25% of dividend payers in the LK market (2.34%).
High Dividend: CARG.N0000's dividend (4.03%) is low compared to the top 25% of dividend payers in the LK market (8.04%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.6%), CARG.N0000's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.5%), CARG.N0000's dividend payments are covered by cash flows.