Prime Lands Residencies PLC

COSE:PLR.N0000 Stock Report

Market Cap: LK₨8.4b

Prime Lands Residencies Dividends and Buybacks

Dividend criteria checks 3/6

Prime Lands Residencies is a dividend paying company with a current yield of 6.67% that is well covered by earnings.

Key information

6.7%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth3.0%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareLK₨0.600
Payout ratio43%

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
How does PLR.N0000 dividend yield compare to the market?
SegmentDividend Yield
Company (PLR.N0000)6.7%
Market Bottom 25% (LK)2.6%
Market Top 25% (LK)7.6%
Industry Average (Real Estate)6.3%
Analyst forecast (PLR.N0000) (up to 3 years)n/a

Notable Dividend: PLR.N0000's dividend (6.67%) is higher than the bottom 25% of dividend payers in the LK market (2.58%).

High Dividend: PLR.N0000's dividend (6.67%) is low compared to the top 25% of dividend payers in the LK market (7.65%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (43.2%), 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.


Discover strong dividend paying companies