Watawala Plantations Dividends and Buybacks
Dividend criteria checks 4/6
Watawala Plantations is a dividend paying company with a current yield of 14.96% that is well covered by earnings. Next payment date is on 10th December, 2024 with an ex-dividend date of 21st November, 2024.
Key information
15.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 14.8% |
| Next dividend pay date | 10 Dec 24 |
| Ex dividend date | 21 Nov 24 |
| Dividend per share | LK₨15.000 |
| Payout ratio | 82% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: WATA.N0000's dividend payments have been volatile in the past 10 years.
Growing Dividend: WATA.N0000's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Watawala Plantations Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (WATA.N0000) | 15.0% |
| Market Bottom 25% (LK) | 2.4% |
| Market Top 25% (LK) | 7.3% |
| Industry Average (Food) | 5.1% |
| Analyst forecast (WATA.N0000) (up to 3 years) | n/a |
Notable Dividend: WATA.N0000's dividend (14.96%) is higher than the bottom 25% of dividend payers in the LK market (2.38%).
High Dividend: WATA.N0000's dividend (14.96%) is in the top 25% of dividend payers in the LK market (7.32%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (82.1%), WATA.N0000's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (103.8%), WATA.N0000's dividend payments are not well covered by cash flows.