Ceylon Tobacco Dividend
Dividend criteria checks 4/6
Ceylon Tobacco is a dividend paying company with a current yield of 11.73%. Next payment date is on 19th June, 2024 with an ex-dividend date of 29th May, 2024.
Key information
11.7%
Dividend yield
100%
Payout ratio
| Industry average yield | 3.9% |
| Next dividend pay date | 19 Jun 24 |
| Ex dividend date | 29 May 24 |
| Dividend per share | n/a |
| Earnings per share | LK₨147.64 |
| Dividend yield forecast in 3Y | 14.3% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
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) | 11.7% |
| Market Bottom 25% (LK) | 2.4% |
| Market Top 25% (LK) | 8.1% |
| Industry Average (Tobacco) | 3.9% |
| Analyst forecast in 3 Years (CTC.N0000) | 14.3% |
Notable Dividend: CTC.N0000's dividend (11.73%) is higher than the bottom 25% of dividend payers in the LK market (2.39%).
High Dividend: CTC.N0000's dividend (11.73%) is in the top 25% of dividend payers in the LK market (8.05%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (100%), CTC.N0000's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (75.6%), CTC.N0000's dividend payments are covered by cash flows.