Chevron Lubricants Lanka (COL:LLUB.N0000) Dividend Payout Ratio : 1.37 (As of Mar. 2024)

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What is Chevron Lubricants Lanka Dividend Payout Ratio?

Chevron Lubricants Lanka's dividend payout ratio for the months ended in Mar. 2024 was 1.37.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Chevron Lubricants Lanka PLC is 0.88, which seems too high.

The historical rank and industry rank for Chevron Lubricants Lanka's Dividend Payout Ratio or its related term are showing as below:

COL:LLUB.N0000' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.4 Med: 0.88 Max: 1.26
Current: 0.88

During the past 13 years, the highest Dividend Payout Ratio of Chevron Lubricants Lanka was 1.26. The lowest was 0.40. And the median was 0.88.

COL:LLUB.N0000's Dividend Payout Ratio is ranked worse than
73.51% of 453 companies
in the Oil & Gas industry
Industry Median: 0.45 vs COL:LLUB.N0000: 0.88

As of today (2024-06-19), the Dividend Yield % of Chevron Lubricants Lanka is 14.40%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Chevron Lubricants Lanka was 17.06%. The lowest was 2.71%. And the median was 9.55%.

Chevron Lubricants Lanka's Dividends per Share for the months ended in Mar. 2024 was රු8.00.

During the past 12 months, Chevron Lubricants Lanka's average Dividends Per Share Growth Rate was 180.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -12.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -5.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -2.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Chevron Lubricants Lanka was 37.40% per year. The lowest was -23.80% per year. And the median was 5.10% per year.

The growth rate is calculated with least square regression.

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

Chevron Lubricants Lanka Dividend Payout Ratio Historical Data

The historical data trend for Chevron Lubricants Lanka's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Chevron Lubricants Lanka Dividend Payout Ratio Chart

Chevron Lubricants Lanka Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.89

0.97

0.80

0.46

0.40

Chevron Lubricants Lanka Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	0.53	1.30	1.37

Competitive Comparison of Chevron Lubricants Lanka's Dividend Payout Ratio

For the Oil & Gas Refining & Marketing subindustry, Chevron Lubricants Lanka's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Chevron Lubricants Lanka's Dividend Payout Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Chevron Lubricants Lanka's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Chevron Lubricants Lanka's Dividend Payout Ratio falls into.

Chevron Lubricants Lanka Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Chevron Lubricants Lanka's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	6	/	14.982
	=	0.40

Chevron Lubricants Lanka's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	8	/	5.84
	=	1.37

Chevron Lubricants Lanka (COL:LLUB.N0000) Dividend Payout Ratio Explanation

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.

Chevron Lubricants Lanka Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Chevron Lubricants Lanka's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Chevron Lubricants Lanka (COL:LLUB.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Chevron Lubricants Lanka PLC (COL:LLUB.N0000) » Definitions » Dividend Payout Ratio

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Traded in Other Exchanges

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Address

No. 200, Nawala Road, Level 16, MAGA ONE, Narahenpita, Colombo, LKA, 05

Website

https://www.chevron.lk

Chevron Lubricants Lanka PLC is engaged in the business of importing, blending, distributing and marketing lubricant oils and greases. It offers passenger vehicle engine oils, over four-stroke motorcycle engine oils, two-stroke and outboard engine oil, general-purpose automotive gear oils, automatic transmission oils and others under the Havoline brand. The company offers various services, such as in-service oil monitoring, drain interval optimization, lube specialist course, systematic failure analysis expertise, endoscope inspections and lubrication surveys.

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