Dividend tracker improves equity insights: SC Securities

[mrmshariz]

Oct 24, 2015 (LBO) – Sri Lanka’s SC Securities believes divided tracking is one way of gaining insights into equity performance in stocks listed on the Colombo Stock Exchange, especially with regard to past dividend payouts.
In a report on 15 stocks, SC Securities shows how investors can track past dividend payouts.
National Development Bank, for instance, seems to have announced steady dividends during 3Q of every year, as per the historical data. As at 30th June 2015, the consolidated cash and cash equivalents of NDB amounted to LKR22.6b.
The bank may declare a dividend of LKR8.0 for 3Q15, possibly in the month of November, SC Securities said.
Central Finance saw its cash and cash equivalents, as of 30th June 2015, increase by 84% yoy to reach LKR4.6b. The company has managed to declare dividends throughout 3Q of every year.
Factoring in the favorable industry conditions, the company could announce dividends of LKR0.85, targeting the month of December.
The full report is below:

http://www.lankabusinessonline.com/wp-content/uploads/2015/10/Dividend-Tracker-3Q15_23_Oct_2015.pdf

[First Guy]

Dividends can indicate one or more of many things

Company many not have growth opportunity, Large shareholders want to take the money out, strong cash profits.

I don't prefer large dividend paying companies (yield wise) unless I don't see growth in them. But these will come in handy during a market downturn.