Horana Plantations Dividend
Dividend criteria checks 2/6
Horana Plantations is a dividend paying company with a current yield of 3.16% that is well covered by earnings.
Key information
3.2%
Dividend yield
39%
Payout ratio
Industry average yield | 4.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | LK₨5.84 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HOPL.N0000's dividend payments have been volatile in the past 10 years.
Growing Dividend: HOPL.N0000's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Horana Plantations Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (HOPL.N0000) | 3.2% |
Market Bottom 25% (LK) | 2.3% |
Market Top 25% (LK) | 7.5% |
Industry Average (Food) | 4.8% |
Analyst forecast in 3 Years (HOPL.N0000) | n/a |
Notable Dividend: HOPL.N0000's dividend (3.16%) is higher than the bottom 25% of dividend payers in the LK market (2.35%).
High Dividend: HOPL.N0000's dividend (3.16%) is low compared to the top 25% of dividend payers in the LK market (7.54%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.5%), HOPL.N0000's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: HOPL.N0000 is paying a dividend but the company has no free cash flows.