Seylan Developments Dividends and Buybacks
Dividend criteria checks 5/6
Seylan Developments is a dividend paying company with a current yield of 5.38% that is well covered by earnings.
Key information
5.4%
Dividend yield
6.5%
Buyback Yield
| Total Shareholder Yield | 11.9% |
| Future Dividend Yield | n/a |
| Dividend Growth | 6.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | LK₨1.000 |
| Payout ratio | 43% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CSD.N0000's dividends per share have been stable in the past 10 years.
Growing Dividend: CSD.N0000's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Seylan Developments Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CSD.N0000) | 5.4% |
| Market Bottom 25% (LK) | 2.4% |
| Market Top 25% (LK) | 7.6% |
| Industry Average (Real Estate) | 6.1% |
| Analyst forecast (CSD.N0000) (up to 3 years) | n/a |
Notable Dividend: CSD.N0000's dividend (5.38%) is higher than the bottom 25% of dividend payers in the LK market (2.44%).
High Dividend: CSD.N0000's dividend (5.38%) is low compared to the top 25% of dividend payers in the LK market (7.56%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.9%), CSD.N0000's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (80.2%), CSD.N0000's dividend payments are covered by cash flows.