Hatton Plantations Dividend
Dividend criteria checks 3/6
Hatton Plantations is a dividend paying company with a current yield of 16.06% that is well covered by earnings.
Key information
16.1%
Dividend yield
73%
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₨4.10 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HPL.N0000 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: HPL.N0000's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Hatton Plantations Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (HPL.N0000) | 16.1% |
Market Bottom 25% (LK) | 2.3% |
Market Top 25% (LK) | 7.7% |
Industry Average (Food) | 4.8% |
Analyst forecast in 3 Years (HPL.N0000) | n/a |
Notable Dividend: HPL.N0000's dividend (16.06%) is higher than the bottom 25% of dividend payers in the LK market (2.35%).
High Dividend: HPL.N0000's dividend (16.06%) is in the top 25% of dividend payers in the LK market (7.72%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (72.9%), HPL.N0000's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (161.2%), HPL.N0000's dividend payments are not well covered by cash flows.