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Aitken Spence (COL:SPEN.N0000) Forward Dividend Yield % : 3.08% (As of May. 18, 2024)


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What is Aitken Spence Forward Dividend Yield %?

As of today (2024-05-18), the Forward Annual Dividend Yield of Aitken Spence is 3.08%.

As of today (2024-05-18), the Trailing Annual Dividend Yield of Aitken Spence is 3.08%.

COL:SPEN.N0000's Forward Dividend Yield % is ranked better than
52.1% of 334 companies
in the Conglomerates industry
Industry Median: 2.99 vs COL:SPEN.N0000: 3.08

Aitken Spence's Dividends per Share for the three months ended in Dec. 2023 was රු0.00.

During the past 3 years, the average Dividends Per Share Growth Rate was 38.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 21.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Aitken Spence was 38.70% per year. The lowest was -37.00% per year. And the median was 18.45% 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 Aitken Spence's Forward Dividend Yield %

For the Conglomerates subindustry, Aitken Spence'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.


Aitken Spence's Forward Dividend Yield % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Aitken Spence's Forward Dividend Yield % distribution charts can be found below:

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



Aitken Spence Forward Dividend Yield % Calculation

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

Aitken Spence Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
LKR 4.0000002023-07-042023-07-062023-07-24Cash 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.

Aitken Spence's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=4/130.00
=3.08 %

Current Share Price is රු130.00.
Aitken Spence's Dividends per Share for the forward twelve months is calculated as රු4 * 1 = රු4.

Aitken Spence's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=4/130.00
=3.08 %

Current Share Price is රු130.00.
Aitken Spence'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.


Aitken Spence  (COL:SPEN.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.


Aitken Spence Forward Dividend Yield % Related Terms

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Aitken Spence (COL:SPEN.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 315, Vauxhall Street, Aitken Spence Towers II, Colombo, LKA, 02
Aitken Spence PLC is a Sri Lankan-based conglomerate company. Its segments consist of Tourism, Maritime and Freight Logistics, Strategic Investments, and Services. The tourism segment includes Hotels, destination management, and Airline GSA. Maritime and Freight Logistics segments consist of Maritime and Port Services, Freight Forwarding and Courier, Airline GSA (Cargo), Integrated Logistics, and Education. Strategic Investment includes Power Generation, Apparel Manufacture, Printing and Packaging, and Plantations. The services sector is engaged in Money Transfer Services, Elevator Agencies, Insurance, and Property Management. The company's geographical segments are Sri Lanka, Maldives, and Other Countries.

Aitken Spence (COL:SPEN.N0000) Headlines

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