As of today (2024-06-21), the Forward Annual Dividend Yield of Lanka IOC is 3.83%.
As of today (2024-06-21), the Trailing Annual Dividend Yield of Lanka IOC is 3.07%.
COL:LIOC.N0000's Forward Dividend Yield % is ranked worse than 59.35% of 492
companies
in the Oil & Gas industry
Industry Median: 4.48
vs COL:LIOC.N0000: 3.83
During the past 12 months, Lanka IOC's average Dividends Per Share Growth Rate was 77.80% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 74.70% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 43.00% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 4.20% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Lanka IOC was 74.70% per year. The lowest was -15.70% per year. And the median was -5.90% 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 Lanka IOC's Forward Dividend Yield %
For the Oil & Gas Refining & Marketing subindustry, Lanka IOC'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.
Lanka IOC's Forward Dividend Yield % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Lanka IOC's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Lanka IOC's Forward Dividend Yield % falls into.
Lanka IOC Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Lanka IOC Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
LKR 4.000000
2023-07-04
2023-07-06
2023-07-24
Cash Dividend
annually
LKR: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.
Lanka IOC's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
4
/
130.50
=
3.07 %
Current Share Price is රු130.50. Lanka IOC's Dividends per Share for the forward twelve months is calculated as රු4 * 1 = රු4.
Lanka IOC's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
4
/
130.50
=
3.07 %
Current Share Price is රු130.50. Lanka IOC's Dividends per Share for the trailing twelve months (TTM) ended in Today is රු4.
* 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.
Lanka IOC (COL:LIOC.N0000) 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.
Thank you for viewing the detailed overview of Lanka IOC's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Lanka IOC PLC is engaged in importing, blending, distributing, and selling of petroleum products. Its product offering is divided into five divisions namely Autofuel, Lubricants, Bitumen, Bunkering, and Petrochemicals. The Company is dealing only in the Petroleum products. Some of its products are Diesel, Petrol, IFO 180 cst, Marine Gas Oil, Bitumen 60/70, Bitumen 80/100 and others. The company gets revenue from Lanka Petrol 92 Octane, Lanka Auto Diesel, Xtramile, Lanka Super Diesel, Xtrapremium Euro 3, Xtrapremium 95, Lubricants, Bunkering, Bitumen and Petrochemical.
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