Ceylinco Insurance is a dividend paying company with a current yield of 1.95% that is well covered by earnings. Next payment date is on 31st May, 2024 with an ex-dividend date of 22nd May, 2024.
Key information
1.9%
Dividend yield
12%
Payout ratio
Industry average yield
7.0%
Next dividend pay date
31 May 24
Ex dividend date
22 May 24
Dividend per share
n/a
Earnings per share
LK₨407.85
Dividend yield forecast in 3Y
n/a
Recent dividend updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CINS.X0000's dividends per share have been stable in the past 10 years.
Growing Dividend: CINS.X0000's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Ceylinco Insurance Dividend Yield vs Market
How does CINS.X0000 dividend yield compare to the market?
Segment
Dividend Yield
Company (CINS.X0000)
1.9%
Market Bottom 25% (LK)
2.3%
Market Top 25% (LK)
7.5%
Industry Average (Insurance)
7.0%
Analyst forecast in 3 Years (CINS.X0000)
n/a
Notable Dividend: CINS.X0000's dividend (1.95%) isn’t notable compared to the bottom 25% of dividend payers in the LK market (2.35%).
High Dividend: CINS.X0000's dividend (1.95%) is low compared to the top 25% of dividend payers in the LK market (7.54%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.8%), CINS.X0000's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (5.9%), CINS.X0000's dividend payments are thoroughly covered by cash flows.