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Peoples Leasing & Finance (COL:PLC.N0000) Forward Dividend Yield % : 10.53% (As of Jun. 15, 2024)


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What is Peoples Leasing & Finance Forward Dividend Yield %?

As of today (2024-06-15), the Forward Annual Dividend Yield of Peoples Leasing & Finance is 10.53%.

As of today (2024-06-15), the Trailing Annual Dividend Yield of Peoples Leasing & Finance is 5.27%.

COL:PLC.N0000's Forward Dividend Yield % is ranked better than
89.32% of 206 companies
in the Credit Services industry
Industry Median: 3.75 vs COL:PLC.N0000: 10.53

Peoples Leasing & Finance's Dividends per Share for the three months ended in Mar. 2024 was රු0.00.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Peoples Leasing & Finance was 35.70% per year. The lowest was -16.80% per year. And the median was 9.45% 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 Peoples Leasing & Finance's Forward Dividend Yield %

For the Credit Services subindustry, Peoples Leasing & Finance'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.


Peoples Leasing & Finance's Forward Dividend Yield % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Peoples Leasing & Finance's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Peoples Leasing & Finance's Forward Dividend Yield % falls into.



Peoples Leasing & Finance Forward Dividend Yield % Calculation

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

Peoples Leasing & Finance Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
LKR 0.6634492023-08-042023-08-082023-08-24Cash 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.

Peoples Leasing & Finance's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.326898/12.60
=10.53 %

Current Share Price is රු12.60.
Peoples Leasing & Finance's Dividends per Share for the forward twelve months is calculated as රු0.663449 * 2 = රු1.326898.

Peoples Leasing & Finance's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.663449/12.60
=5.27 %

Current Share Price is රු12.60.
Peoples Leasing & Finance's Dividends per Share for the trailing twelve months (TTM) ended in Today is රු0.663449.

* 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.


Peoples Leasing & Finance  (COL:PLC.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.


Peoples Leasing & Finance Forward Dividend Yield % Related Terms

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Peoples Leasing & Finance (COL:PLC.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 1161, Maradana Road, Borella, Colombo, LKA, 00800
Peoples Leasing & Finance PLC provides financial service. The company's operating segment include Lease and hire purchase; Loans; Islamic; Insurance business and Other business. It generates maximum revenue from the Lease and hire purchase segment. The company product portfolio mainly comprises finance leases, loans, deposits (fixed and saving deposits), Islamic products and factoring, as well as margin trading facilities and others.

Peoples Leasing & Finance (COL:PLC.N0000) Headlines

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