Ex-pack Corrugated Cartons Dividends and Buybacks
Dividend criteria checks 2/6
Ex-pack Corrugated Cartons is a dividend paying company with a current yield of 5.33% that is well covered by earnings.
Key information
5.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 12.4% |
| Dividend Growth | -9.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | LK₨0.730 |
| Payout ratio | 44% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PACK.N0000 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PACK.N0000's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Ex-pack Corrugated Cartons Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PACK.N0000) | 5.3% |
| Market Bottom 25% (LK) | 2.4% |
| Market Top 25% (LK) | 7.5% |
| Industry Average (Packaging) | 1.9% |
| Analyst forecast (PACK.N0000) (up to 3 years) | 12.4% |
Notable Dividend: PACK.N0000's dividend (5.33%) is higher than the bottom 25% of dividend payers in the LK market (2.43%).
High Dividend: PACK.N0000's dividend (5.33%) is low compared to the top 25% of dividend payers in the LK market (7.47%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.7%), PACK.N0000's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: PACK.N0000 is paying a dividend but the company has no free cash flows.