Ceylon Cold Stores Dividends and Buybacks
Dividend criteria checks 4/6
Ceylon Cold Stores is a dividend paying company with a current yield of 2.48% that is well covered by earnings. Next payment date is on 29th November, 2024 with an ex-dividend date of 11th November, 2024.
Key information
2.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 7.9% |
| Dividend Growth | -1.5% |
| Next dividend pay date | 29 Nov 24 |
| Ex dividend date | 11 Nov 24 |
| Dividend per share | LK₨1.628 |
| Payout ratio | 61% |
Recent dividend and buyback 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) | 2.5% |
| Market Bottom 25% (LK) | 2.4% |
| Market Top 25% (LK) | 7.3% |
| Industry Average (Beverage) | 6.3% |
| Analyst forecast (CCS.N0000) (up to 3 years) | 7.9% |
Notable Dividend: CCS.N0000's dividend (2.48%) is higher than the bottom 25% of dividend payers in the LK market (2.38%).
High Dividend: CCS.N0000's dividend (2.48%) is low compared to the top 25% of dividend payers in the LK market (7.32%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.3%), CCS.N0000's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (15.5%), CCS.N0000's dividend payments are well covered by cash flows.