Ceylon Tea Brokers Dividend
Dividend criteria checks 4/6
Ceylon Tea Brokers is a dividend paying company with a current yield of 13.88%.
Key information
13.9%
Dividend yield
104%
Payout ratio
Industry average yield | 6.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | LK₨0.65 |
Dividend yield forecast in 3Y | n/a |
Recent dividend 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 |
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Segment | Dividend Yield |
---|---|
Company (CTBL.N0000) | 13.9% |
Market Bottom 25% (LK) | 2.4% |
Market Top 25% (LK) | 8.1% |
Industry Average (Retail Distributors) | 6.4% |
Analyst forecast in 3 Years (CTBL.N0000) | n/a |
Notable Dividend: CTBL.N0000's dividend (13.88%) is higher than the bottom 25% of dividend payers in the LK market (2.38%).
High Dividend: CTBL.N0000's dividend (13.88%) is in the top 25% of dividend payers in the LK market (8.01%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (104.2%), CTBL.N0000's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (23.4%), CTBL.N0000's dividend payments are well covered by cash flows.