Distilleries Company of Sri Lanka PLC

COSE:DIST.N0000 Stock Report

Market Cap: LK₨130.2b

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 10.21%.

Key information

10.2%

Dividend yield

94%

Payout ratio

Industry average yield7.3%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareLK₨3.10
Dividend yield forecast in 3Y15.0%

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
How does DIST.N0000 dividend yield compare to the market?
SegmentDividend Yield
Company (DIST.N0000)10.2%
Market Bottom 25% (LK)2.3%
Market Top 25% (LK)8.0%
Industry Average (Beverage)7.3%
Analyst forecast in 3 Years (DIST.N0000)15.0%

Notable Dividend: DIST.N0000's dividend (10.21%) is higher than the bottom 25% of dividend payers in the LK market (2.41%).

High Dividend: DIST.N0000's dividend (10.21%) is in the top 25% of dividend payers in the LK market (8%)


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: At its current cash payout ratio (75.1%), DIST.N0000's dividend payments are covered by cash flows.


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