Deshbandhu Polymer Dividends and Buybacks
Dividend criteria checks 1/6
Deshbandhu Polymer is a dividend paying company with a current yield of 0.58% that is well covered by earnings. Next payment date is on 21st January, 2025 with an ex-dividend date of 19th November, 2024.
Key information
0.6%
Dividend yield
-0.01%
Buyback Yield
| Total Shareholder Yield | 0.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | -0.8% |
| Next dividend pay date | 21 Jan 25 |
| Ex dividend date | 19 Nov 24 |
| Dividend per share | ৳0.100 |
| Payout ratio | 43% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DESHBANDHU has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: DESHBANDHU has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
| Deshbandhu Polymer Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DESHBANDHU) | 0.6% |
| Market Bottom 25% (BD) | 1.1% |
| Market Top 25% (BD) | 4.3% |
| Industry Average (Packaging) | 0.7% |
| Analyst forecast (DESHBANDHU) (up to 3 years) | n/a |
Notable Dividend: DESHBANDHU's dividend (0.58%) isn’t notable compared to the bottom 25% of dividend payers in the BD market (1.07%).
High Dividend: DESHBANDHU's dividend (0.58%) is low compared to the top 25% of dividend payers in the BD market (4.47%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43%), DESHBANDHU's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: DESHBANDHU is paying a dividend but the company has no free cash flows.