Distilleries Company of Sri Lanka Dividend
Dividend criteria checks 4/6
Distilleries Company of Sri Lanka is a dividend paying company with a current yield of 10.77%.
Key information
10.8%
Dividend yield
94%
Payout ratio
Industry average yield | 7.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | LK₨2.800 |
Earnings per share | LK₨3.10 |
Dividend yield forecast in 3Y | 16.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DIST.N0000's dividend payments have been volatile in the past 10 years.
Growing Dividend: DIST.N0000's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Distilleries Company of Sri Lanka Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (DIST.N0000) | 10.8% |
Market Bottom 25% (LK) | 2.6% |
Market Top 25% (LK) | 8.1% |
Industry Average (Beverage) | 7.6% |
Analyst forecast in 3 Years (DIST.N0000) | 16.2% |
Notable Dividend: DIST.N0000's dividend (10.77%) is higher than the bottom 25% of dividend payers in the LK market (2.64%).
High Dividend: DIST.N0000's dividend (10.77%) 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 (94.5%), DIST.N0000's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (73.5%), DIST.N0000's dividend payments are covered by cash flows.