Ceylon Tea Brokers Dividends and Buybacks
Dividend criteria checks 4/6
Ceylon Tea Brokers is a dividend paying company with a current yield of 8.8%.
Key information
8.8%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 6.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | LK₨0.440 |
| Payout ratio | 384% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CTBL.N0000's dividend payments have been volatile in the past 10 years.
Growing Dividend: CTBL.N0000's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Ceylon Tea Brokers Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CTBL.N0000) | 8.8% |
| Market Bottom 25% (LK) | 2.4% |
| Market Top 25% (LK) | 7.5% |
| Industry Average (Retail Distributors) | 2.9% |
| Analyst forecast (CTBL.N0000) (up to 3 years) | n/a |
Notable Dividend: CTBL.N0000's dividend (8.8%) is higher than the bottom 25% of dividend payers in the LK market (2.43%).
High Dividend: CTBL.N0000's dividend (8.8%) is in the top 25% of dividend payers in the LK market (7.47%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (384.1%), CTBL.N0000's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (20%), CTBL.N0000's dividend payments are well covered by cash flows.