Tamijuddin Textile Mills Dividend
Dividend criteria checks 2/6
Tamijuddin Textile Mills is a dividend paying company with a current yield of 1.54% that is well covered by earnings.
Key information
1.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 7.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ৳2.000 |
| Payout ratio | 30% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TAMIJTEX has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TAMIJTEX has only been paying a dividend for 3 years, and since then payments have not increased.
Dividend Yield vs Market
| Tamijuddin Textile Mills Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TAMIJTEX) | 1.5% |
| Market Bottom 25% (BD) | 1.2% |
| Market Top 25% (BD) | 4.7% |
| Industry Average (Luxury) | 3.5% |
| Analyst forecast (TAMIJTEX) (up to 3 years) | n/a |
Notable Dividend: TAMIJTEX's dividend (1.54%) is higher than the bottom 25% of dividend payers in the BD market (1.22%).
High Dividend: TAMIJTEX's dividend (1.54%) is low compared to the top 25% of dividend payers in the BD market (4.65%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.1%), TAMIJTEX's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: TAMIJTEX is paying a dividend but the company has no free cash flows.