Serendib Land Dividend
Dividend criteria checks 2/6
Serendib Land is a dividend paying company with a current yield of 1.92% that is well covered by earnings.
Key information
1.9%
Dividend yield
36%
Payout ratio
Industry average yield | 7.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | LK₨69.60 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SLND.N0000's dividend payments have been volatile in the past 10 years.
Growing Dividend: SLND.N0000's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Serendib Land Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (SLND.N0000) | 1.9% |
Market Bottom 25% (LK) | 2.3% |
Market Top 25% (LK) | 7.5% |
Industry Average (Real Estate) | 7.8% |
Analyst forecast in 3 Years (SLND.N0000) | n/a |
Notable Dividend: SLND.N0000's dividend (1.92%) isn’t notable compared to the bottom 25% of dividend payers in the LK market (2.35%).
High Dividend: SLND.N0000's dividend (1.92%) is low compared to the top 25% of dividend payers in the LK market (7.54%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.9%), SLND.N0000's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (108.5%), SLND.N0000's dividend payments are not well covered by cash flows.