Prime Lands Residencies Dividend
Dividend criteria checks 3/6
Prime Lands Residencies is a dividend paying company with a current yield of 11.36%.
Key information
11.4%
Dividend yield
102%
Payout ratio
| Industry average yield | 7.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | LK₨0.98 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, PLR.N0000 has been paying a dividend for less than 10 years.
Growing Dividend: PLR.N0000's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Prime Lands Residencies Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PLR.N0000) | 11.4% |
| Market Bottom 25% (LK) | 2.3% |
| Market Top 25% (LK) | 7.7% |
| Industry Average (Real Estate) | 7.9% |
| Analyst forecast in 3 Years (PLR.N0000) | n/a |
Notable Dividend: PLR.N0000's dividend (11.36%) is higher than the bottom 25% of dividend payers in the LK market (2.37%).
High Dividend: PLR.N0000's dividend (11.36%) is in the top 25% of dividend payers in the LK market (7.96%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (101.8%), PLR.N0000's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (25.2%), PLR.N0000's dividend payments are well covered by cash flows.