Lanka IOC Dividend
Dividend criteria checks 4/6
Lanka IOC is a dividend paying company with a current yield of 4.23% that is well covered by earnings.
Key information
4.2%
Dividend yield
17%
Payout ratio
Industry average yield | 6.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | LK₨5.000 |
Earnings per share | LK₨28.69 |
Dividend yield forecast in 3Y | 5.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LIOC.N0000's dividend payments have been volatile in the past 10 years.
Growing Dividend: LIOC.N0000's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Lanka IOC Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (LIOC.N0000) | 4.2% |
Market Bottom 25% (LK) | 2.6% |
Market Top 25% (LK) | 8.1% |
Industry Average (Oil and Gas) | 6.1% |
Analyst forecast in 3 Years (LIOC.N0000) | 5.1% |
Notable Dividend: LIOC.N0000's dividend (4.23%) is higher than the bottom 25% of dividend payers in the LK market (2.63%).
High Dividend: LIOC.N0000's dividend (4.23%) is low compared to the top 25% of dividend payers in the LK market (8.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.4%), LIOC.N0000's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (18.2%), LIOC.N0000's dividend payments are well covered by cash flows.