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Lanka Walltiles (COL:LWL.N0000) Forward Dividend Yield % : 8.80% (As of Jun. 23, 2024)


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What is Lanka Walltiles Forward Dividend Yield %?

As of today (2024-06-23), the Forward Annual Dividend Yield of Lanka Walltiles is 8.80%.

As of today (2024-06-23), the Trailing Annual Dividend Yield of Lanka Walltiles is 9.18%.

COL:LWL.N0000's Forward Dividend Yield % is ranked better than
95.05% of 970 companies
in the Construction industry
Industry Median: 3.185 vs COL:LWL.N0000: 8.80

Lanka Walltiles's Dividends per Share for the three months ended in Mar. 2024 was රු4.00.

During the past 12 months, Lanka Walltiles's average Dividends Per Share Growth Rate was -46.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 21.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Lanka Walltiles was 136.10% per year. The lowest was -31.90% per year. And the median was 21.70% 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 Walltiles's Forward Dividend Yield %

For the Building Products & Equipment subindustry, Lanka Walltiles'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 Walltiles's Forward Dividend Yield % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Lanka Walltiles's Forward Dividend Yield % distribution charts can be found below:

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



Lanka Walltiles Forward Dividend Yield % Calculation

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

Lanka Walltiles Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
LKR 4.0000002024-03-142024-03-182024-04-04Cash Dividendsemi-annuallyLKR:LKR 1.000000
LKR 0.9000002023-07-042023-07-062023-07-24Cash Dividendsemi-annuallyLKR: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 Walltiles's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=8/53.40
=14.98 %

Current Share Price is රු53.40.
Lanka Walltiles's Dividends per Share for the forward twelve months is calculated as රු4 * 2 = රු8.

Lanka Walltiles's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=4.9/53.40
=9.18 %

Current Share Price is රු53.40.
Lanka Walltiles's Dividends per Share for the trailing twelve months (TTM) ended in Today is රු4.9.

* 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 Walltiles  (COL:LWL.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.

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


Lanka Walltiles Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Lanka Walltiles's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Lanka Walltiles (COL:LWL.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 215, Nawala Road, Narahenpita, Colombo, LKA, 05
Lanka Walltiles PLC is a ceramic wall tile manufacturer in Sri Lanka. The company comprises the following business segments: Tiles and Associated Items segment, which manufactures and distributes wall tiles, floor tiles and related products; Biological Assets segment is engaged in the cultivation, processing, and sale of tea and rubber; Aluminum Products segment is engaged in the manufacturing and distribution of aluminum extrusions and allied products through a network of dealers and distributors; and Packaging Materials division, which manufactures and distributes packaging materials. The company caters to both domestic and international markets.

Lanka Walltiles (COL:LWL.N0000) Headlines

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