Far East Knitting & Dyeing Industries Dividends and Buybacks
Dividend criteria checks 5/6
Far East Knitting & Dyeing Industries is a dividend paying company with a current yield of 7.53% that is well covered by earnings. Next payment date is on 28th January, 2025 with an ex-dividend date of 17th November, 2024.
Key information
7.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 23.5% |
| Next dividend pay date | 28 Jan 25 |
| Ex dividend date | 17 Nov 24 |
| Dividend per share | ৳1.400 |
| Payout ratio | 59% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FEKDIL's dividend payments have been volatile in the past 10 years.
Growing Dividend: FEKDIL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Far East Knitting & Dyeing Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (FEKDIL) | 7.5% |
| Market Bottom 25% (BD) | 1.1% |
| Market Top 25% (BD) | 4.4% |
| Industry Average (Luxury) | 3.4% |
| Analyst forecast (FEKDIL) (up to 3 years) | n/a |
Notable Dividend: FEKDIL's dividend (7.53%) is higher than the bottom 25% of dividend payers in the BD market (1.1%).
High Dividend: FEKDIL's dividend (7.53%) is in the top 25% of dividend payers in the BD market (4.41%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58.8%), FEKDIL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26.9%), FEKDIL's dividend payments are well covered by cash flows.