Tokyo Cement Company (Lanka) Dividend
Dividend criteria checks 3/6
Tokyo Cement Company (Lanka) is a dividend paying company with a current yield of 2.55% that is well covered by earnings.
Key information
2.5%
Dividend yield
25%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | LK₨5.49 |
Dividend yield forecast in 3Y | 5.2% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TKYO.X0000's dividend payments have been volatile in the past 10 years.
Growing Dividend: TKYO.X0000's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Tokyo Cement Company (Lanka) Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (TKYO.X0000) | 2.5% |
Market Bottom 25% (LK) | 2.3% |
Market Top 25% (LK) | 7.6% |
Industry Average (Basic Materials) | 2.2% |
Analyst forecast in 3 Years (TKYO.X0000) | 5.2% |
Notable Dividend: TKYO.X0000's dividend (2.55%) is higher than the bottom 25% of dividend payers in the LK market (2.34%).
High Dividend: TKYO.X0000's dividend (2.55%) 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 (24.8%), TKYO.X0000's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: TKYO.X0000 is paying a dividend but the company has no free cash flows.