CHEVRON LUBRICANTS 

LANKA PLC
11th July 2016
LLUB.N0000 Rs.153.30

Chevron Lubricants dividend summary in  last three years FY2013 FY2014 FY2015 Dividend Per Share (LKR) 15.00 YoY dividend growth 36% 33% 15% Dividend Payout 71% 87% 89% Dividend Yield 6% 5% 7% .00 23.00 20.

00 20.00 Third Interim 3.00 23.00 15.50 5. Breakdown of LLUB dividends LKR.00 6.23.00 5.00 5.00 Adjusted DPS 6.50 The proportion of the sub division was 01 existing ordinary share in to 02 ordinary shares.00 3.00 11.00 Second Interim 3.00 4.50 2.11. Hence.00 4.00 3.00 4.50 5.00 5.00 6.00 Fourth Interim 3.50 .2 10. the last year dividend of Rs.50 6.00 Total Dividend 12.00 3.00 3.50 6.00 has adjusted to the sub division and the adjusted dividend per share was Rs. FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 First Interim 2.50 3.00 5.00 11.5 15.

First Interim Second Interim Third Interim Fourth Interim DPS (LKR) 3. Forecasted Dividend for FY2016 If the company maintain the same dividend policy for FY2016 the forecasted dividend would be.00 3. If the company declare the dividend for the 3rd and 4th interims same as the previous years (FY2015).30) 9.00 Dividend yield at the current price (LKR 153.6. the adjusted dividend per share for the FY2016 would be Rs.00 Forecasted dividend for FY2016 14. Therefore it has adjusted for the subdivision.00 per share has been declared before the subdivision of shares.14.00 3.00 5.1% The interim dividend of Rs.00 .

N0000 153.92 . .Valuation MPS (LKR) EPS (LKR) ROE PE (x) PBV (x) NAV (LKR) ASI .64 Quarterly Earnings June 2015 Sep 2015 Dec 2015 Mar 2016 LKR Millions 797.5 23. .0 6.9 59% 11.30 13. 11% 12.5 - Material Sector .76 713.15 834.3 1.8 1.7 - LLUB.32 985. 18% 9.

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