M.L. Dyeing & Textile Ind Dividend
Dividend criteria checks 1/6
M.L. Dyeing & Textile Ind is a dividend paying company with a current yield of 1.61%.
Key information
1.6%
Dividend yield
440%
Payout ratio
Industry average yield | 3.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ৳0.045 |
Dividend yield forecast in 3Y | n/a |
Recent dividend 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 4 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) | 1.6% |
Market Bottom 25% (BD) | 0.9% |
Market Top 25% (BD) | 4.1% |
Industry Average (Luxury) | 3.0% |
Analyst forecast in 3 Years (MLDYEING) | n/a |
Notable Dividend: MLDYEING's dividend (1.61%) is higher than the bottom 25% of dividend payers in the BD market (0.94%).
High Dividend: MLDYEING's dividend (1.61%) is low compared to the top 25% of dividend payers in the BD market (4.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (439.6%), MLDYEING's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: MLDYEING is paying a dividend but the company has no free cash flows.