Tosrifa Industries Dividends and Buybacks
Dividend criteria checks 3/6
Tosrifa Industries is a dividend paying company with a current yield of 1.81% that is well covered by earnings. Next payment date is on 26th January, 2025 with an ex-dividend date of 21st November, 2024.
Key information
1.8%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -18.1% |
| Next dividend pay date | 26 Jan 25 |
| Ex dividend date | 21 Nov 24 |
| Dividend per share | ৳0.350 |
| Payout ratio | 58% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TOSRIFA has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TOSRIFA has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
| Tosrifa Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TOSRIFA) | 1.8% |
| Market Bottom 25% (BD) | 1.0% |
| Market Top 25% (BD) | 4.5% |
| Industry Average (Luxury) | 3.4% |
| Analyst forecast (TOSRIFA) (up to 3 years) | n/a |
Notable Dividend: TOSRIFA's dividend (1.81%) is higher than the bottom 25% of dividend payers in the BD market (1.04%).
High Dividend: TOSRIFA's dividend (1.81%) is low compared to the top 25% of dividend payers in the BD market (4.41%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58.3%), TOSRIFA's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (7.6%), TOSRIFA's dividend payments are thoroughly covered by cash flows.