Lanka Milk Foods (CWE) Dividends and Buybacks
Dividend criteria checks 1/6
Lanka Milk Foods (CWE) is a dividend paying company with a current yield of 1.93% that is well covered by earnings.
Key information
1.9%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 15.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | LK₨0.630 |
| Payout ratio | 17% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LMF.N0000 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: LMF.N0000's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Lanka Milk Foods (CWE) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LMF.N0000) | 1.9% |
| Market Bottom 25% (LK) | 2.4% |
| Market Top 25% (LK) | 7.3% |
| Industry Average (Food) | 5.1% |
| Analyst forecast (LMF.N0000) (up to 3 years) | n/a |
Notable Dividend: LMF.N0000's dividend (1.93%) isn’t notable compared to the bottom 25% of dividend payers in the LK market (2.38%).
High Dividend: LMF.N0000's dividend (1.93%) is low compared to the top 25% of dividend payers in the LK market (7.32%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (16.9%), LMF.N0000's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: LMF.N0000 is paying a dividend but the company has no free cash flows.