Alliance Finance Dividends and Buybacks
Dividend criteria checks 3/6
Alliance Finance is a dividend paying company with a current yield of 6.72% that is well covered by earnings.
Key information
6.7%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 11.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | LK₨8.400 |
| Payout ratio | 21% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ALLI.N0000's dividend payments have been volatile in the past 10 years.
Growing Dividend: ALLI.N0000's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Alliance Finance Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ALLI.N0000) | 6.7% |
| Market Bottom 25% (LK) | 2.4% |
| Market Top 25% (LK) | 7.5% |
| Industry Average (Consumer Finance) | 4.6% |
| Analyst forecast (ALLI.N0000) (up to 3 years) | n/a |
Notable Dividend: ALLI.N0000's dividend (6.72%) is higher than the bottom 25% of dividend payers in the LK market (2.43%).
High Dividend: ALLI.N0000's dividend (6.72%) is low compared to the top 25% of dividend payers in the LK market (7.47%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.1%), ALLI.N0000's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: ALLI.N0000 is paying a dividend but the company has no free cash flows.