Matin Spinning Mills Dividends and Buybacks
Dividend criteria checks 3/6
Matin Spinning Mills is a dividend paying company with a current yield of 8.64%. Next payment date is on 5th January, 2025 with an ex-dividend date of 18th November, 2024.
Key information
8.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 3.7% |
| Next dividend pay date | 05 Jan 25 |
| Ex dividend date | 18 Nov 24 |
| Dividend per share | ৳4.000 |
| Payout ratio | 205% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MATINSPINN's dividend payments have been volatile in the past 10 years.
Growing Dividend: MATINSPINN's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Matin Spinning Mills Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MATINSPINN) | 8.6% |
| Market Bottom 25% (BD) | 1.1% |
| Market Top 25% (BD) | 4.3% |
| Industry Average (Luxury) | 3.4% |
| Analyst forecast (MATINSPINN) (up to 3 years) | n/a |
Notable Dividend: MATINSPINN's dividend (8.64%) is higher than the bottom 25% of dividend payers in the BD market (1.08%).
High Dividend: MATINSPINN's dividend (8.64%) is in the top 25% of dividend payers in the BD market (4.3%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (205.2%), MATINSPINN's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: MATINSPINN is paying a dividend but the company has no free cash flows.