Ex-pack Corrugated Cartons Dividend
Dividend criteria checks 3/6
Ex-pack Corrugated Cartons is a dividend paying company with a current yield of 4.59% that is well covered by earnings.
Key information
4.6%
Dividend yield
54%
Payout ratio
Industry average yield | 2.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | LK₨1.89 |
Dividend yield forecast in 3Y | 11.6% |
Recent dividend 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 2 years.
Dividend Yield vs Market
Ex-pack Corrugated Cartons Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (PACK.N0000) | 4.6% |
Market Bottom 25% (LK) | 2.3% |
Market Top 25% (LK) | 7.5% |
Industry Average (Packaging) | 2.3% |
Analyst forecast in 3 Years (PACK.N0000) | 11.6% |
Notable Dividend: PACK.N0000's dividend (4.59%) is higher than the bottom 25% of dividend payers in the LK market (2.35%).
High Dividend: PACK.N0000's dividend (4.59%) is low compared to the top 25% of dividend payers in the LK market (7.54%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.9%), PACK.N0000's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26.3%), PACK.N0000's dividend payments are well covered by cash flows.