Simtex Industries Limited

DSE:SIMTEX Stock Report

Market Cap: ৳1.5b

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 yield3.5%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per share৳1.000
Earnings per share৳0.95
Dividend yield forecastn/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
How does SIMTEX dividend yield compare to the market?
SegmentDividend 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.


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