Digital Mobility Solutions Lanka Dividends and Buybacks
Dividend criteria checks 2/6
Digital Mobility Solutions Lanka is a dividend paying company with a current yield of 3.96% that is well covered by earnings. Next payment date is on 4th December, 2024 with an ex-dividend date of 14th November, 2024.
Key information
4.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | 04 Dec 24 |
| Ex dividend date | 14 Nov 24 |
| Dividend per share | LK₨2.000 |
| Payout ratio | 36% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether PKME.N0000's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if PKME.N0000's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Digital Mobility Solutions Lanka Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PKME.N0000) | 4.0% |
| Market Bottom 25% (LK) | 0% |
| Market Top 25% (LK) | 0% |
| Industry Average (Transportation) | 0% |
| Analyst forecast (PKME.N0000) (up to 3 years) | n/a |
Notable Dividend: PKME.N0000's dividend (3.96%) is higher than the bottom 25% of dividend payers in the LK market (2.44%).
High Dividend: PKME.N0000's dividend (3.96%) is low compared to the top 25% of dividend payers in the LK market (7.56%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.2%), PKME.N0000's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (92.7%), PKME.N0000's dividend payments are not well covered by cash flows.