Envoy Textiles Dividends and Buybacks
Dividend criteria checks 4/6
Envoy Textiles is a dividend paying company with a current yield of 5.09% that is well covered by earnings. Next payment date is on 2nd December, 2024 with an ex-dividend date of 1st October, 2024.
Key information
5.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 4.3% |
| Next dividend pay date | 02 Dec 24 |
| Ex dividend date | 01 Oct 24 |
| Dividend per share | ৳2.000 |
| Payout ratio | 45% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ENVOYTEX's dividend payments have been volatile in the past 10 years.
Growing Dividend: ENVOYTEX's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Envoy Textiles Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ENVOYTEX) | 5.1% |
| Market Bottom 25% (BD) | 1.1% |
| Market Top 25% (BD) | 4.4% |
| Industry Average (Luxury) | 3.4% |
| Analyst forecast (ENVOYTEX) (up to 3 years) | n/a |
Notable Dividend: ENVOYTEX's dividend (5.09%) is higher than the bottom 25% of dividend payers in the BD market (1.1%).
High Dividend: ENVOYTEX's dividend (5.09%) is in the top 25% of dividend payers in the BD market (4.41%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.1%), ENVOYTEX's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (183.1%), ENVOYTEX's dividend payments are not well covered by cash flows.