Ceylon Cold Stores Dividend
Dividend criteria checks 4/6
Ceylon Cold Stores is a dividend paying company with a current yield of 4.11% that is well covered by earnings.
Key information
4.1%
Dividend yield
64%
Payout ratio
Industry average yield | 7.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | LK₨2.320 |
Earnings per share | LK₨3.61 |
Dividend yield forecast in 3Y | 9.1% |
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 |
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Segment | Dividend Yield |
---|---|
Company (CCS.N0000) | 4.1% |
Market Bottom 25% (LK) | 2.6% |
Market Top 25% (LK) | 8.1% |
Industry Average (Beverage) | 7.6% |
Analyst forecast in 3 Years (CCS.N0000) | 9.1% |
Notable Dividend: CCS.N0000's dividend (4.11%) is higher than the bottom 25% of dividend payers in the LK market (2.64%).
High Dividend: CCS.N0000's dividend (4.11%) is low compared to the top 25% of dividend payers in the LK market (8.12%).
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.