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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Sampath bank Dividend announced

Sampath bank Dividend announced

+7
jaya
Ruchira sm
Eranx
samaritan
Wonderer
RJ1010
sameera_cds
11 posters

Go down  Message [Page 1 of 1]

1Sampath bank Dividend announced  Empty Sampath bank Dividend announced Tue Feb 16, 2021 12:00 pm

sameera_cds


Equity Analytic
Equity Analytic

Sampath bank Dividend announced  Img-2013

judecroos, SANJAYANM and Sunimal like this post

2Sampath bank Dividend announced  Empty Re: Sampath bank Dividend announced Tue Feb 16, 2021 4:55 pm

RJ1010


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

We can expect the other big banks also to give out dividends soon.. Hnb, Comb etc

3Sampath bank Dividend announced  Empty Re: Sampath bank Dividend announced Tue Feb 16, 2021 7:12 pm

Wonderer


Equity Analytic
Equity Analytic

RJ1010 wrote:We can expect the other big banks also to give out dividends soon.. Hnb, Comb etc
Definitely. Wasn't the best of days to make the announcement though Very Happy

4Sampath bank Dividend announced  Empty Re: Sampath bank Dividend announced Tue Feb 16, 2021 8:11 pm

samaritan


Moderator
Moderator

The dividend announcement saw foreign selling of 1,067,403 shares at 165 today. A clear indication of what is in store in coming days with negative investor sentiment. Probably the foreign investors are more interested in securing the capital than wait for dividends at the cost of losing the capital.

5Sampath bank Dividend announced  Empty Re: Sampath bank Dividend announced Tue Feb 16, 2021 9:45 pm

Eranx


Manager - Equity Analytics
Manager - Equity Analytics

Dividend is low.. PAT is down comparing other banks.. disappointed with the Dividend levels..Sold at 165

6Sampath bank Dividend announced  Empty Re: Sampath bank Dividend announced Tue Feb 16, 2021 9:53 pm

RJ1010


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Eranx wrote:Dividend is low.. PAT is down comparing other banks.. disappointed with the Dividend levels..Sold at 165

Ina difficult time giving a 5% DY at current market price is good (higher than a 1yr bank FD). A split is also pending.
My average cost for Samp is 120 so Div yield is higher and well worth it.

7Sampath bank Dividend announced  Empty Re: Sampath bank Dividend announced Tue Feb 16, 2021 10:02 pm

Ruchira sm

Ruchira sm
Equity Analytic
Equity Analytic

Eps 8.6 .but dividends 8.25 so generous 🤑

8Sampath bank Dividend announced  Empty Re: Sampath bank Dividend announced Tue Feb 16, 2021 10:24 pm

jaya


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Ruchira sm wrote:Eps 8.6 .but dividends 8.25 so generous 🤑
 Current price 167 dividend 8.25 better than Bank deposit

RJ1010, Ruchira sm, SANJAYANM and Kanishka_2020 like this post

9Sampath bank Dividend announced  Empty Re: Sampath bank Dividend announced Wed Feb 17, 2021 1:32 am

SANJAYANM


Senior Equity Analytic
Senior Equity Analytic

EXPECTING SAME FROM OTHER MAIN BANKIG SHARES ALSO.

10Sampath bank Dividend announced  Empty Re: Sampath bank Dividend announced Wed Feb 17, 2021 2:10 am

atdeane


Equity Analytic
Equity Analytic

EPS 8.6 for 3 months. Even at this pace if they continue( ideally should improve) for one year will get 8.6 x 4 = 34.
Long share to hold long term. Can expect the same with HNB as well. Wonder why everyone is selling. 🤑🤑🤑

RJ1010 likes this post

11Sampath bank Dividend announced  Empty Re: Sampath bank Dividend announced Wed Feb 17, 2021 3:20 am

MeshLk


Stock Analytic
Stock Analytic

samaritan wrote:The dividend announcement saw foreign selling of 1,067,403 shares at 165 today. A clear indication of what is in store in coming days with negative investor sentiment. Probably the foreign investors are more interested in securing the capital than wait for dividends at the cost of losing the capital.
This is indeed a strange move from whoever the foreign shareholder/s,  Note the following,
1. Last 2+ weeks, SAMP price has oscillated between 145 (extreme drop on 11th, 1.26m shares) 250 (extreme rise on announcement of split on 29th, 14.48m shares).  Generally hovering around 168 in the last few days, averaging around 1m shares a day.

2. One would expect an immediate price rise from the dividend announcement of 8.25 (yesterday) and a high probability of buyers willing to pay 8.25 (or a reasonable %) upfront from 168 range, for the concerned quantity of shares (1m) that the foreign seller/s disposed.  Especially given the fact that the buyer easily make 5% within a month from dividend alone, the local retailer demand would likely have been present despite the generally red-state of bourse. SAMP also offer a solid NAV (281.94) increase of 2.4% and reasonable EPS (21.04), albeit reduced 35% due to the troubled times ending 9 months (31-12-2020).

In my opinion the sell at 165.00, helped keep the day and Sampath in the red.

12Sampath bank Dividend announced  Empty Re: Sampath bank Dividend announced Wed Feb 17, 2021 6:17 pm

Eranx


Manager - Equity Analytics
Manager - Equity Analytics

Compare SAMP with HNB results. I think HNB did well during corona compared to its price HNB is worth buying for this quarter and shift to SAMP with upcoming results.

I believe a selling will make the SAMP to come down again after the split. Which makes the other banks look more attractive to long term gains.

13Sampath bank Dividend announced  Empty Re: Sampath bank Dividend announced Wed Feb 17, 2021 6:23 pm

RJ1010


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

DFCC announced a scrip dividend. About 4.8% DY based on current price of 62.30.
Scrip 1:21

14Sampath bank Dividend announced  Empty Re: Sampath bank Dividend announced Wed Feb 17, 2021 6:50 pm

Love Boy


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Good to enter 160

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