VFS Thread Dyeing Dividends and Buybacks
Dividend criteria checks 2/6
VFS Thread Dyeing is a dividend paying company with a current yield of 2.9% that is well covered by earnings.
Key information
2.9%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -5.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ৳0.200 |
| Payout ratio | 43% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: VFSTDL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: VFSTDL has only been paying a dividend for 6 years, and since then payments have fallen.
Dividend Yield vs Market
| VFS Thread Dyeing Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (VFSTDL) | 2.9% |
| Market Bottom 25% (BD) | 1.1% |
| Market Top 25% (BD) | 4.4% |
| Industry Average (Luxury) | 3.5% |
| Analyst forecast (VFSTDL) (up to 3 years) | n/a |
Notable Dividend: VFSTDL's dividend (2.9%) is higher than the bottom 25% of dividend payers in the BD market (1.08%).
High Dividend: VFSTDL's dividend (2.9%) is low compared to the top 25% of dividend payers in the BD market (4.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.7%), VFSTDL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate VFSTDL's cash payout ratio to determine if its dividend payments are covered by cash flows.