http://www.cse.lk/cmt/upload_report_file/460_1311930496553.pdf
- 2Q2011 EPS of Rs 9.7 to be paid out entirely as dividends
- Dividend of Rs 9.7 per share announced on 28th July 2011, with XD as 8th August 2011, and payment date of 16th August 2011
Read previous comment below :
http://forum.srilankaequity.com/t6097-what-is-the-best-dividends-paying-company
Re: What is the best dividends paying company
by cse.alpha on Mon Jul 04, 2011 12:58 am
On a sustainable and recurring basis, CTC may be the best dividend yielding stock in the market at present - some companies may announce strong dividends by asset sales or exceptional profits, but CTC has a proven track record over the past few years of paying almost all its profits out as dividends.
CTC paid around Rs 27 per share as dividends in 2010 (in 5 parts), and has already paid Rs 4.2 in 2011. It may be on track to pay around Rs 30 this year, benefiting from price inelastic demand. With share price at Rs 354, that gives a gross dividend yield of 8.5%.
On moral and ethical grounds though, some investors may be against investing in CTC.