Ceylon Tobacco Dividend
Dividend criteria checks 3/6
Ceylon Tobacco is a dividend paying company with a current yield of 12%.
Key information
12.0%
Dividend yield
100%
Payout ratio
Industry average yield | 3.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | LK₨147.640 |
Earnings per share | LK₨151.94 |
Dividend yield forecast in 3Y | 15.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CTC.N0000's dividend payments have been volatile in the past 10 years.
Growing Dividend: CTC.N0000's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Ceylon Tobacco Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (CTC.N0000) | 12.0% |
Market Bottom 25% (LK) | 2.6% |
Market Top 25% (LK) | 8.1% |
Industry Average (Tobacco) | 3.8% |
Analyst forecast in 3 Years (CTC.N0000) | 15.0% |
Notable Dividend: CTC.N0000's dividend (12%) is higher than the bottom 25% of dividend payers in the LK market (2.64%).
High Dividend: CTC.N0000's dividend (12%) is in the top 25% of dividend payers in the LK market (8.12%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (99.7%), CTC.N0000's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (114.8%), CTC.N0000's dividend payments are not well covered by cash flows.