M.L. Dyeing & Textile Ind Dividends and Buybacks
Dividend criteria checks 2/6
M.L. Dyeing & Textile Ind is a dividend paying company with a current yield of 2.5%.
Key information
2.5%
Dividend yield
n/a
Buyback Yield
Total Shareholder Yield | n/a |
Future Dividend Yield | n/a |
Dividend Growth | 10.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | ৳0.200 |
Payout ratio | 342% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MLDYEING has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MLDYEING has only been paying a dividend for 5 years, and since then payments have fallen.
Dividend Yield vs Market
M.L. Dyeing & Textile Ind Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (MLDYEING) | 2.5% |
Market Bottom 25% (BD) | 1.1% |
Market Top 25% (BD) | 4.4% |
Industry Average (Luxury) | 3.4% |
Analyst forecast (MLDYEING) (up to 3 years) | n/a |
Notable Dividend: MLDYEING's dividend (2.5%) is higher than the bottom 25% of dividend payers in the BD market (1.1%).
High Dividend: MLDYEING's dividend (2.5%) is low compared to the top 25% of dividend payers in the BD market (4.37%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (342.4%), MLDYEING's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (58.2%), MLDYEING's dividend payments are covered by cash flows.