Swisstek (Ceylon) Dividends and Buybacks
Dividend criteria checks 3/6
Swisstek (Ceylon) is a dividend paying company with a current yield of 2.86% that is well covered by earnings.
Key information
2.9%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 2.9% |
| Dividend Growth | 14.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | LK₨0.800 |
| Payout ratio | 10% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PARQ.N0000's dividend payments have been volatile in the past 10 years.
Growing Dividend: PARQ.N0000's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Swisstek (Ceylon) Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PARQ.N0000) | 2.9% |
| Market Bottom 25% (LK) | 2.4% |
| Market Top 25% (LK) | 7.3% |
| Industry Average (Metals and Mining) | 2.8% |
| Analyst forecast (PARQ.N0000) (up to 3 years) | 2.9% |
Notable Dividend: PARQ.N0000's dividend (2.86%) is higher than the bottom 25% of dividend payers in the LK market (2.36%).
High Dividend: PARQ.N0000's dividend (2.86%) is low compared to the top 25% of dividend payers in the LK market (7.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.9%), PARQ.N0000's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: PARQ.N0000 is paying a dividend but the company has no free cash flows.