Commercial Development Dividend
Dividend criteria checks 5/6
Commercial Development is a dividend paying company with a current yield of 5.74% that is well covered by earnings.
Key information
5.7%
Dividend yield
29%
Payout ratio
Industry average yield | 7.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | LK₨24.51 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: COMD.N0000's dividends per share have been stable in the past 10 years.
Growing Dividend: COMD.N0000's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Commercial Development Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (COMD.N0000) | 5.7% |
Market Bottom 25% (LK) | 2.4% |
Market Top 25% (LK) | 8.0% |
Industry Average (Real Estate) | 7.6% |
Analyst forecast in 3 Years (COMD.N0000) | n/a |
Notable Dividend: COMD.N0000's dividend (5.74%) is higher than the bottom 25% of dividend payers in the LK market (2.39%).
High Dividend: COMD.N0000's dividend (5.74%) is low compared to the top 25% of dividend payers in the LK market (7.98%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.6%), COMD.N0000's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (82.4%), COMD.N0000's dividend payments are covered by cash flows.