ACL Plastics Dividend
Dividend criteria checks 5/6
ACL Plastics is a dividend paying company with a current yield of 4.75% that is well covered by earnings.
Key information
4.7%
Dividend yield
16%
Payout ratio
Industry average yield | 5.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | LK₨20.000 |
Earnings per share | LK₨124.98 |
Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: APLA.N0000's dividends per share have been stable in the past 10 years.
Growing Dividend: APLA.N0000's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
ACL Plastics Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (APLA.N0000) | 4.7% |
Market Bottom 25% (LK) | 2.7% |
Market Top 25% (LK) | 8.2% |
Industry Average (Chemicals) | 5.5% |
Analyst forecast (APLA.N0000) (up to 3 years) | n/a |
Notable Dividend: APLA.N0000's dividend (4.75%) is higher than the bottom 25% of dividend payers in the LK market (2.66%).
High Dividend: APLA.N0000's dividend (4.75%) is low compared to the top 25% of dividend payers in the LK market (8.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (16%), APLA.N0000's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (74.5%), APLA.N0000's dividend payments are covered by cash flows.