CTBL.N0000 ( CEYLON TEA BROKERS PLC)

[yellow knifeTop contributor]

Certain companies clearly mention their dividend payout policy. CTBL is one such. Page 21 of the annual report clearly mention that company policy is to maintain 50% dividend policy out of earning and the balance moved to reserves.

Thus directors have declared an interim payment of 17.5 cents on 24th of April.

It seems holding both ASIY and CTBL is good for a dividend hunter.

[You must be registered and logged in to see this image.]

[yellow knifeTop contributor]

CTBL always remained lower in Revenue than ASIY.

[You must be registered and logged in to see this image.]

[yellow knifeTop contributor]

By now PAT of both CTBL and ASIY have reached an equal status...

[You must be registered and logged in to see this image.]

[yellow knifeTop contributor]

ROE of both ASIY and CTBL move in same direction as both are in same trade.

[You must be registered and logged in to see this image.]

[yellow knifeTop contributor]

Net Assets position of ASIY was rather stagnant where CTBL is slowly catching up.

[You must be registered and logged in to see this image.]

[yellow knifeTop contributor]

EPS of CTBL has improved

[You must be registered and logged in to see this image.]

[Ethical TraderTop contributor]

Thanks YK.

[කිත්සිරි ද සිල්වාTop contributor]

Thanks YK !

(Indeed, a safe bet always. Been there a few times, when it is ready for dividend and exited with small capital gain after X date. Currently not holding) .

[First Guy]

March looked good for CTBL (and ASIY) but when I look at cashflow it is not there. receivables is going up and is financed with overdrafts. Hope it is ok.

YK, I advise not look only at payout. If profit drops dividend also drop along with price like what happened few quarters ago.

Now bounce back (due to good tea business?)

[yellow knifeTop contributor]

Nice to see you.... FG

[ruwan326]

Players started to push this share . Reached 52weeks high today

   
                                               
         Net income
2019        113.35
2018        100.04
2017          41.53
2016          25.94
                 
           EPS
2019       0.62  
2018       0.76  
2017       0.32  
2016       0.20

52 weeks high 3.70
52weeks low 2.40
CMP 3.60

R1->3.70
R2->4.00
R3->4.20
R4->4.50

Still working on Technical analysis, so please do your own if you like to enter

[lanka]

Thanks Ruwan

[ruwan326]

Thanks Ruwan

Due to month end Margin clearance we need to wait little longer(including RAL) , but November going to be early Christmas

[hammurabi]

Players started to push this share . Reached 52weeks high today

   
                                               
         Net income
2019        113.35
2018        100.04
2017          41.53
2016          25.94
                 
           EPS
2019       0.62  
2018       0.76  
2017       0.32  
2016       0.20

52 weeks high 3.70
52weeks low 2.40
CMP 3.60

R1->3.70
R2->4.00
R3->4.20
R4->4.50

Still working on Technical analysis, so please do your own if you like to enter

Dividend

2016 - 0.125
2017 - 0.175
2018 - 0.325
2019 - 0.350

Stable growth in every aspect. Planning to park half of my wealth here