Queen South Textile Mills Limited

DSE:QUEENSOUTH Stock Report

Market Cap: ৳2.1b

Queen South Textile Mills Dividend

Dividend criteria checks 3/6

Queen South Textile Mills is a dividend paying company with a current yield of 4.48%.

Key information

4.4%

Dividend yield

200%

Payout ratio

Industry average yield3.5%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per share৳0.600
Earnings per share৳0.30
Dividend yield forecastn/a

Recent dividend updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: QUEENSOUTH has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: QUEENSOUTH's dividend payments have increased, but the company has only paid a dividend for 6 years.


Dividend Yield vs Market

Queen South Textile Mills Dividend Yield vs Market
How does QUEENSOUTH dividend yield compare to the market?
SegmentDividend Yield
Company (QUEENSOUTH)4.4%
Market Bottom 25% (BD)1.2%
Market Top 25% (BD)4.4%
Industry Average (Luxury)3.5%
Analyst forecast (QUEENSOUTH) (up to 3 years)n/a

Notable Dividend: QUEENSOUTH's dividend (4.48%) is higher than the bottom 25% of dividend payers in the BD market (1.24%).

High Dividend: QUEENSOUTH's dividend (4.48%) is in the top 25% of dividend payers in the BD market (4.35%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (199.7%), QUEENSOUTH's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (14.4%), QUEENSOUTH's dividend payments are thoroughly covered by cash flows.


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