Mozaffar Hossain Spinning Mills Dividends and Buybacks
Dividend criteria checks 2/6
Mozaffar Hossain Spinning Mills is a dividend paying company with a current yield of 1.43%. Next payment date is on 27th January, 2025 with an ex-dividend date of 28th November, 2024.
Key information
1.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 3.4% |
| Next dividend pay date | 27 Jan 25 |
| Ex dividend date | 28 Nov 24 |
| Dividend per share | ৳0.200 |
| Payout ratio | -628% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MHSML has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MHSML has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
| Mozaffar Hossain Spinning Mills Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MHSML) | 1.4% |
| Market Bottom 25% (BD) | 1.1% |
| Market Top 25% (BD) | 4.5% |
| Industry Average (Luxury) | 3.4% |
| Analyst forecast (MHSML) (up to 3 years) | n/a |
Notable Dividend: MHSML's dividend (1.43%) is higher than the bottom 25% of dividend payers in the BD market (1.14%).
High Dividend: MHSML's dividend (1.43%) is low compared to the top 25% of dividend payers in the BD market (4.46%).
Earnings Payout to Shareholders
Earnings Coverage: MHSML is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (9.4%), MHSML's dividend payments are thoroughly covered by cash flows.