Eastern Merchants Dividend
Dividend criteria checks 1/6
Eastern Merchants is a dividend paying company with a current yield of 2% that is well covered by earnings.
Key information
2.0%
Dividend yield
2%
Payout ratio
Industry average yield | 6.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | -LK₨0.95 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: EMER.N0000 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: EMER.N0000's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Eastern Merchants Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (EMER.N0000) | 2.0% |
Market Bottom 25% (LK) | 2.3% |
Market Top 25% (LK) | 7.8% |
Industry Average (Retail Distributors) | 6.1% |
Analyst forecast in 3 Years (EMER.N0000) | n/a |
Notable Dividend: EMER.N0000's dividend (2%) isn’t notable compared to the bottom 25% of dividend payers in the LK market (2.29%).
High Dividend: EMER.N0000's dividend (2%) is low compared to the top 25% of dividend payers in the LK market (7.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (2.5%), EMER.N0000's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: EMER.N0000 is paying a dividend but the company has no free cash flows.