Nuwara Eliya Hotels Dividend
Dividend criteria checks 3/6
Nuwara Eliya Hotels is a dividend paying company with a current yield of 2.03% that is well covered by earnings.
Key information
2.0%
Dividend yield
12%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | LK₨36.500 |
| Earnings per share | LK₨294.12 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NEH.N0000's dividend payments have been volatile in the past 10 years.
Growing Dividend: NEH.N0000's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Nuwara Eliya Hotels Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NEH.N0000) | 2.0% |
| Market Bottom 25% (LK) | 3.0% |
| Market Top 25% (LK) | 8.4% |
| Industry Average (Hospitality) | 2.2% |
| Analyst forecast (NEH.N0000) (up to 3 years) | n/a |
Notable Dividend: NEH.N0000's dividend (2.03%) isn’t notable compared to the bottom 25% of dividend payers in the LK market (2.95%).
High Dividend: NEH.N0000's dividend (2.03%) is low compared to the top 25% of dividend payers in the LK market (8.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.4%), NEH.N0000's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.3%), NEH.N0000's dividend payments are thoroughly covered by cash flows.