GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Vallibel Power Erathna PLC (COL:VPEL.N0000) » Definitions » Dividend Yield %

Vallibel Power Erathna (COL:VPEL.N0000) Dividend Yield % : 26.16% (As of Jun. 24, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Vallibel Power Erathna Dividend Yield %?

As of today (2024-06-24), the Trailing Annual Dividend Yield of Vallibel Power Erathna is 26.16%.

The historical rank and industry rank for Vallibel Power Erathna's Dividend Yield % or its related term are showing as below:

COL:VPEL.N0000' s Dividend Yield % Range Over the Past 10 Years
Min: 3.7   Med: 10.94   Max: 29.61
Current: 26.16

During the past 13 years, the highest Dividend Yield of Vallibel Power Erathna was 29.61%. The lowest was 3.70%. And the median was 10.94%.

COL:VPEL.N0000's Dividend Yield % is ranked better than
98.79% of 248 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.41 vs COL:VPEL.N0000: 26.16

Vallibel Power Erathna's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Vallibel Power Erathna PLC is 2.53, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Vallibel Power Erathna was 2.53. The lowest was 0.35. And the median was 0.96.

As of today (2024-06-24), the Forward Dividend Yield % of Vallibel Power Erathna is 26.16%.

Vallibel Power Erathna's Dividends per Share for the three months ended in Mar. 2024 was රු1.75.

During the past 3 years, the average Dividends Per Share Growth Rate was 17.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Vallibel Power Erathna was 58.70% per year. The lowest was -27.90% per year. And the median was 15.80% per year.

The growth rate is calculated with least square regression.

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


Vallibel Power Erathna Dividend Yield % Historical Data

The historical data trend for Vallibel Power Erathna's Dividend Yield % 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.

Vallibel Power Erathna Dividend Yield % Chart

Vallibel Power Erathna Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.56 18.92 18.75 5.22 30.41

Vallibel Power Erathna Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.22 7.58 7.25 6.94 30.41

Competitive Comparison of Vallibel Power Erathna's Dividend Yield %

For the Utilities - Independent Power Producers subindustry, Vallibel Power Erathna's Dividend Yield %, along with its competitors' market caps and 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.


Vallibel Power Erathna's Dividend Yield % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Vallibel Power Erathna's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Vallibel Power Erathna's Dividend Yield % falls into.



Vallibel Power Erathna Dividend Yield % Calculation

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

Vallibel Power Erathna Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
LKR 1.7500002024-03-062024-03-112024-03-27Cash Dividendsemi-annuallyLKR:LKR 1.000000
LKR 0.5000002023-06-272023-07-042023-07-20Cash 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.

Vallibel Power Erathna's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.25/8.60
=26.16 %

Current Share Price is රු8.60.
Vallibel Power Erathna's Dividends per Share for the trailing twelve months (TTM) ended in Today is රු2.25.

Vallibel Power Erathna's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=3.5/8.60
=40.70 %

Current Share Price is රු8.60.
Vallibel Power Erathna's Dividends per Share for the forward twelve months is calculated as රු1.75 * 2 = රු3.5.

* 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.


Vallibel Power Erathna  (COL:VPEL.N0000) 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.


Vallibel Power Erathna Dividend Yield % Related Terms

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


Vallibel Power Erathna (COL:VPEL.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 27-02, Echelon Square, East Tower, World Trade Center, Colombo, LKA, 01
Vallibel Power Erathna PLC is engaged in generating and selling of hydroelectric energy to the Ceylon Electricity Board. The company's segments include Erathna MHPP, Denawaka Ganga MHPP, and Kiriwaneliya MHPP. It derives majority of its revenue from the Denawaka Ganga MHPP segment. Denawaka Ganga MHPP project run-of-river mini hydro power project having the install capacity of 7.2 MW. The project is located near Durekkanda, in the Ratnapura Divisional secretariat of the Ratnapura District.

Vallibel Power Erathna (COL:VPEL.N0000) Headlines

No Headlines