Ring Shine Textiles Dividends and Buybacks
Dividend criteria checks 1/6
Ring Shine Textiles is a dividend paying company with a current yield of 2.38%.
Key information
2.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ৳0.100 |
| Payout ratio | n/a |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether RINGSHINE's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if RINGSHINE's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Ring Shine Textiles Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RINGSHINE) | 2.4% |
| Market Bottom 25% (BD) | 1.1% |
| Market Top 25% (BD) | 4.5% |
| Industry Average (Luxury) | 3.5% |
| Analyst forecast (RINGSHINE) (up to 3 years) | n/a |
Notable Dividend: RINGSHINE's dividend (2.38%) is higher than the bottom 25% of dividend payers in the BD market (1.08%).
High Dividend: RINGSHINE's dividend (2.38%) is low compared to the top 25% of dividend payers in the BD market (4.43%).
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate RINGSHINE's payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: RINGSHINE is paying a dividend but the company has no free cash flows.