People's Leasing & Finance is a dividend paying company with a current yield of 10.7% that is well covered by earnings. Next payment date is on 19th July, 2024 with an ex-dividend date of 2nd July, 2024.
Key information
10.7%
Dividend yield
36%
Payout ratio
Industry average yield
4.7%
Next dividend pay date
19 Jul 24
Ex dividend date
02 Jul 24
Dividend per share
n/a
Earnings per share
LK₨1.85
Dividend yield forecast in 3Y
n/a
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PLC.N0000's dividend payments have been volatile in the past 10 years.
Growing Dividend: PLC.N0000's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
People's Leasing & Finance Dividend Yield vs Market
How does PLC.N0000 dividend yield compare to the market?
Segment
Dividend Yield
Company (PLC.N0000)
10.7%
Market Bottom 25% (LK)
2.3%
Market Top 25% (LK)
7.7%
Industry Average (Consumer Finance)
4.7%
Analyst forecast in 3 Years (PLC.N0000)
n/a
Notable Dividend: PLC.N0000's dividend (10.7%) is higher than the bottom 25% of dividend payers in the LK market (2.31%).
High Dividend: PLC.N0000's dividend (10.7%) is in the top 25% of dividend payers in the LK market (7.79%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.3%), PLC.N0000's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (16.8%), PLC.N0000's dividend payments are well covered by cash flows.