Lanka Hospitals Dividend
Dividend criteria checks 3/6
Lanka Hospitals is a dividend paying company with a current yield of 2.71% that is well covered by earnings.
Key information
2.7%
Dividend yield
89%
Payout ratio
Industry average yield | 1.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | LK₨6.01 |
Dividend yield forecast in 3Y | 5.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LHCL.N0000's dividend payments have been volatile in the past 10 years.
Growing Dividend: LHCL.N0000's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Lanka Hospitals Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (LHCL.N0000) | 2.7% |
Market Bottom 25% (LK) | 2.3% |
Market Top 25% (LK) | 7.5% |
Industry Average (Healthcare) | 1.7% |
Analyst forecast in 3 Years (LHCL.N0000) | 5.3% |
Notable Dividend: LHCL.N0000's dividend (2.71%) is higher than the bottom 25% of dividend payers in the LK market (2.35%).
High Dividend: LHCL.N0000's dividend (2.71%) is low compared to the top 25% of dividend payers in the LK market (7.54%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (88.5%), LHCL.N0000's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (109.8%), LHCL.N0000's dividend payments are not well covered by cash flows.