CIC Holdings Dividends and Buybacks
Dividend criteria checks 3/6
CIC Holdings is a dividend paying company with a current yield of 3.18% that is well covered by earnings.
Key information
3.2%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 7.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | LK₨2.500 |
| Payout ratio | 9% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CIC.X0000's dividend payments have been volatile in the past 10 years.
Growing Dividend: CIC.X0000's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| CIC Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CIC.X0000) | 3.2% |
| Market Bottom 25% (LK) | 2.5% |
| Market Top 25% (LK) | 7.4% |
| Industry Average (Chemicals) | 5.1% |
| Analyst forecast (CIC.X0000) (up to 3 years) | n/a |
Notable Dividend: CIC.X0000's dividend (3.18%) is higher than the bottom 25% of dividend payers in the LK market (2.46%).
High Dividend: CIC.X0000's dividend (3.18%) is low compared to the top 25% of dividend payers in the LK market (7.41%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (8.9%), CIC.X0000's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (160.4%), CIC.X0000's dividend payments are not well covered by cash flows.