CIC Holdings Dividend
Dividend criteria checks 4/6
CIC Holdings is a dividend paying company with a current yield of 3.13% that is well covered by earnings.
Key information
3.1%
Dividend yield
10%
Payout ratio
Industry average yield | 7.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | LK₨25.68 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CIC.N0000's dividend payments have been volatile in the past 10 years.
Growing Dividend: CIC.N0000's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
CIC Holdings Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (CIC.N0000) | 3.1% |
Market Bottom 25% (LK) | 2.3% |
Market Top 25% (LK) | 7.6% |
Industry Average (Chemicals) | 7.9% |
Analyst forecast in 3 Years (CIC.N0000) | n/a |
Notable Dividend: CIC.N0000's dividend (3.13%) is higher than the bottom 25% of dividend payers in the LK market (2.34%).
High Dividend: CIC.N0000's dividend (3.13%) is low compared to the top 25% of dividend payers in the LK market (7.65%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.7%), CIC.N0000's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (61.5%), CIC.N0000's dividend payments are covered by cash flows.