Simtex Industries Dividend
Dividend criteria checks 3/6
Simtex Industries is a dividend paying company with a current yield of 5.38%.
Key information
5.4%
Dividend yield
105%
Payout ratio
| Industry average yield | 3.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ৳1.000 |
| Earnings per share | ৳0.95 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SIMTEX has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SIMTEX has only been paying a dividend for 8 years, and since then payments have fallen.
Dividend Yield vs Market
| Simtex Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SIMTEX) | 5.4% |
| Market Bottom 25% (BD) | 1.3% |
| Market Top 25% (BD) | 4.5% |
| Industry Average (Luxury) | 3.5% |
| Analyst forecast (SIMTEX) (up to 3 years) | n/a |
Notable Dividend: SIMTEX's dividend (5.38%) is higher than the bottom 25% of dividend payers in the BD market (1.32%).
High Dividend: SIMTEX's dividend (5.38%) is in the top 25% of dividend payers in the BD market (4.48%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (105.2%), SIMTEX's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36%), SIMTEX's dividend payments are well covered by cash flows.