Nestlé Lanka Dividends and Buybacks
Dividend criteria checks 3/6
Nestlé Lanka is a dividend paying company with a current yield of 6.69% that is well covered by earnings.
Key information
6.7%
Dividend yield
n/a
Buyback Yield
Total Shareholder Yield | n/a |
Future Dividend Yield | 20.7% |
Dividend Growth | 13.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Payout ratio | 40% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NEST.N0000's dividend payments have been volatile in the past 10 years.
Growing Dividend: NEST.N0000's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Nestlé Lanka Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (NEST.N0000) | 6.7% |
Market Bottom 25% (LK) | 2.4% |
Market Top 25% (LK) | 7.6% |
Industry Average (Food) | 5.0% |
Analyst forecast (NEST.N0000) (up to 3 years) | 20.7% |
Notable Dividend: NEST.N0000's dividend (6.69%) is higher than the bottom 25% of dividend payers in the LK market (2.51%).
High Dividend: NEST.N0000's dividend (6.69%) is low compared to the top 25% of dividend payers in the LK market (8.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.7%), NEST.N0000's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (121.7%), NEST.N0000's dividend payments are not well covered by cash flows.