Vidullanka Dividends and Buybacks
Dividend criteria checks 4/6
Vidullanka is a dividend paying company with a current yield of 3.67% that is well covered by earnings. Next payment date is on 3rd December, 2024 with an ex-dividend date of 13th November, 2024.
Key information
3.7%
Dividend yield
-0.09%
Buyback Yield
| Total Shareholder Yield | 3.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | 10.8% |
| Next dividend pay date | 03 Dec 24 |
| Ex dividend date | 13 Nov 24 |
| Dividend per share | LK₨0.488 |
| Payout ratio | 36% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: VLL.N0000's dividend payments have been volatile in the past 10 years.
Growing Dividend: VLL.N0000's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Vidullanka Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (VLL.N0000) | 3.7% |
| Market Bottom 25% (LK) | 2.4% |
| Market Top 25% (LK) | 7.5% |
| Industry Average (Renewable Energy) | 7.4% |
| Analyst forecast (VLL.N0000) (up to 3 years) | n/a |
Notable Dividend: VLL.N0000's dividend (3.67%) is higher than the bottom 25% of dividend payers in the LK market (2.43%).
High Dividend: VLL.N0000's dividend (3.67%) is low compared to the top 25% of dividend payers in the LK market (7.47%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.5%), VLL.N0000's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32.5%), VLL.N0000's dividend payments are well covered by cash flows.