Prime Lands Residencies Dividends and Buybacks
Dividend criteria checks 3/6
Prime Lands Residencies is a dividend paying company with a current yield of 6.06% that is well covered by earnings.
Key information
6.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 1.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | LK₨0.600 |
| Payout ratio | 44% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PLR.N0000 has been paying a dividend for less than 10 years and during this time payments have been volatile.
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) | 6.1% |
| Market Bottom 25% (LK) | 2.4% |
| Market Top 25% (LK) | 7.4% |
| Industry Average (Real Estate) | 6.1% |
| Analyst forecast (PLR.N0000) (up to 3 years) | n/a |
Notable Dividend: PLR.N0000's dividend (6.06%) is higher than the bottom 25% of dividend payers in the LK market (2.36%).
High Dividend: PLR.N0000's dividend (6.06%) is low compared to the top 25% of dividend payers in the LK market (7.41%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.1%), PLR.N0000's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13%), PLR.N0000's dividend payments are thoroughly covered by cash flows.