Apex Spinning & Knitting Mills Dividends and Buybacks
Dividend criteria checks 2/6
Apex Spinning & Knitting Mills is a dividend paying company with a current yield of 2.05% that is well covered by earnings. Next payment date is on 6th January, 2025 with an ex-dividend date of 10th November, 2024.
Key information
2.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -2.0% |
| Next dividend pay date | 06 Jan 25 |
| Ex dividend date | 10 Nov 24 |
| Dividend per share | ৳2.000 |
| Payout ratio | 54% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: APEXSPINN's dividend payments have been volatile in the past 10 years.
Growing Dividend: APEXSPINN's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
| Apex Spinning & Knitting Mills Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (APEXSPINN) | 2.0% |
| Market Bottom 25% (BD) | 1.1% |
| Market Top 25% (BD) | 4.5% |
| Industry Average (Luxury) | 3.5% |
| Analyst forecast (APEXSPINN) (up to 3 years) | n/a |
Notable Dividend: APEXSPINN's dividend (2.05%) is higher than the bottom 25% of dividend payers in the BD market (1.08%).
High Dividend: APEXSPINN's dividend (2.05%) is low compared to the top 25% of dividend payers in the BD market (4.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.8%), APEXSPINN's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (172.1%), APEXSPINN's dividend payments are not well covered by cash flows.