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Ceylinco Insurance (COL:CINS.X0000) Forward Dividend Yield % : 5.49% (As of May. 10, 2024)


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What is Ceylinco Insurance Forward Dividend Yield %?

As of today (2024-05-10), the Forward Annual Dividend Yield of Ceylinco Insurance is 5.49%.

As of today (2024-05-10), the Trailing Annual Dividend Yield of Ceylinco Insurance is 5.15%.

COL:CINS.X0000's Forward Dividend Yield % is ranked worse than
80.36% of 387 companies
in the Insurance industry
Industry Median: 3.77 vs COL:CINS.X0000: 5.49

Ceylinco Insurance's Dividends per Share for the three months ended in Dec. 2023 was රු0.00.

During the past 12 months, Ceylinco Insurance's average Dividends Per Share Growth Rate was 7.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.00% per year.

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Ceylinco Insurance was 16.30% per year. The lowest was 5.80% per year. And the median was 9.85% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Ceylinco Insurance's Forward Dividend Yield %

For the Insurance - Diversified subindustry, Ceylinco Insurance's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ceylinco Insurance's Forward Dividend Yield % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Ceylinco Insurance's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Ceylinco Insurance's Forward Dividend Yield % falls into.



Ceylinco Insurance Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Ceylinco Insurance Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
LKR 45.0000002023-05-292023-05-312023-06-14Cash DividendannuallyLKR:LKR 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Ceylinco Insurance's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=45/874.50
=5.15 %

Current Share Price is රු874.50.
Ceylinco Insurance's Dividends per Share for the forward twelve months is calculated as රු45 * 1 = රු45.

Ceylinco Insurance's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=45/874.50
=5.15 %

Current Share Price is රු874.50.
Ceylinco Insurance's Dividends per Share for the trailing twelve months (TTM) ended in Today is රු45.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ceylinco Insurance  (COL:CINS.X0000) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Ceylinco Insurance Forward Dividend Yield % Related Terms

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Ceylinco Insurance (COL:CINS.X0000) Business Description

Traded in Other Exchanges
Address
No. 69, Janadhipathi Mawatha, Ceylinco House, Colombo, LKA, 01
Ceylinco Insurance PLC is engaged in seven business segments. The Life Insurance segment, which is the key revenue driver, offers whole-life products, term products, universal life products, and mortgage protection products. The Non-Life Insurance segment includes motor, fire, engineering, marine, and miscellaneous. The Healthcare segment includes a center for Cancer screening, Radiation treatment units, and a Diabetes center. The Maldives Foreign operations include non-life insurance products in Maldives. The Education Services segment includes primary, secondary, and high education courses. The Power generation segment generates and distributes hydropower to the national grid. Other segment includes investment holding, associate business, investment management & hotel services.

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