Malek Spinning Mills Dividends and Buybacks
Dividend criteria checks 2/6
Malek Spinning Mills is a dividend paying company with a current yield of 3.91% that is well covered by earnings. Next payment date is on 19th January, 2025 with an ex-dividend date of 19th November, 2024.
Key information
3.9%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -13.9% |
| Next dividend pay date | 19 Jan 25 |
| Ex dividend date | 19 Nov 24 |
| Dividend per share | ৳1.000 |
| Payout ratio | 14% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MALEKSPIN's dividend payments have been volatile in the past 10 years.
Growing Dividend: MALEKSPIN's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
| Malek Spinning Mills Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MALEKSPIN) | 3.9% |
| Market Bottom 25% (BD) | 1.1% |
| Market Top 25% (BD) | 4.4% |
| Industry Average (Luxury) | 3.4% |
| Analyst forecast (MALEKSPIN) (up to 3 years) | n/a |
Notable Dividend: MALEKSPIN's dividend (3.91%) is higher than the bottom 25% of dividend payers in the BD market (1.1%).
High Dividend: MALEKSPIN's dividend (3.91%) is low compared to the top 25% of dividend payers in the BD market (4.37%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.9%), MALEKSPIN's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: MALEKSPIN is paying a dividend but the company has no free cash flows.