Prime Textile Spinning Mills Limited

DSE:PRIMETEX Stock Report

Market Cap: ৳458.4m

Prime Textile Spinning Mills Dividends and Buybacks

Dividend criteria checks 1/6

Prime Textile Spinning Mills is a dividend paying company with a current yield of 1.67%.

Key information

1.7%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth-18.8%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per share৳0.200
Payout ration/a

Recent dividend and buyback updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: PRIMETEX's dividend payments have been volatile in the past 10 years.

Growing Dividend: PRIMETEX's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Prime Textile Spinning Mills Dividend Yield vs Market
How does PRIMETEX dividend yield compare to the market?
SegmentDividend Yield
Company (PRIMETEX)1.7%
Market Bottom 25% (BD)1.1%
Market Top 25% (BD)4.4%
Industry Average (Luxury)3.4%
Analyst forecast (PRIMETEX) (up to 3 years)n/a

Notable Dividend: PRIMETEX's dividend (1.67%) is higher than the bottom 25% of dividend payers in the BD market (1.1%).

High Dividend: PRIMETEX's dividend (1.67%) is low compared to the top 25% of dividend payers in the BD market (4.37%).


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate PRIMETEX's payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Insufficient data to calculate PRIMETEX's cash payout ratio to determine if its dividend payments are covered by cash flows.


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