Ceylon Cold Stores Dividend
Dividend criteria checks 4/6
Ceylon Cold Stores is a dividend paying company with a current yield of 3.9% that is well covered by earnings.
Key information
4.0%
Dividend yield
64%
Payout ratio
Industry average yield | 7.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | LK₨3.61 |
Dividend yield forecast in 3Y | 8.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CCS.N0000's dividend payments have been volatile in the past 10 years.
Growing Dividend: CCS.N0000's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Ceylon Cold Stores Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (CCS.N0000) | 4.0% |
Market Bottom 25% (LK) | 2.4% |
Market Top 25% (LK) | 8.0% |
Industry Average (Beverage) | 7.5% |
Analyst forecast in 3 Years (CCS.N0000) | 8.8% |
Notable Dividend: CCS.N0000's dividend (3.9%) is higher than the bottom 25% of dividend payers in the LK market (2.42%).
High Dividend: CCS.N0000's dividend (3.9%) is low compared to the top 25% of dividend payers in the LK market (7.97%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64.3%), CCS.N0000's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (20.8%), CCS.N0000's dividend payments are well covered by cash flows.