Sunshine Holdings Dividends and Buybacks
Dividend criteria checks 4/6
Sunshine Holdings is a dividend paying company with a current yield of 4.86% that is well covered by earnings. Next payment date is on 11th December, 2024 with an ex-dividend date of 22nd November, 2024.
Key information
4.9%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 3.5% |
| Dividend Growth | 10.3% |
| Next dividend pay date | 11 Dec 24 |
| Ex dividend date | 22 Nov 24 |
| Dividend per share | LK₨3.500 |
| Payout ratio | 42% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SUN.N0000's dividend payments have been volatile in the past 10 years.
Growing Dividend: SUN.N0000's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Sunshine Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SUN.N0000) | 4.9% |
| Market Bottom 25% (LK) | 2.4% |
| Market Top 25% (LK) | 7.4% |
| Industry Average (Food) | 5.3% |
| Analyst forecast (SUN.N0000) (up to 3 years) | 3.5% |
Notable Dividend: SUN.N0000's dividend (4.86%) is higher than the bottom 25% of dividend payers in the LK market (2.44%).
High Dividend: SUN.N0000's dividend (4.86%) is low compared to the top 25% of dividend payers in the LK market (7.41%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.2%), SUN.N0000's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (62.7%), SUN.N0000's dividend payments are covered by cash flows.