Sinobangla Industries Dividend
Dividend criteria checks 4/6
Sinobangla Industries is a dividend paying company with a current yield of 2.49% that is well covered by earnings.
Key information
2.5%
Dividend yield
62%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ৳1.08 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SINOBANGLA's dividend payments have been volatile in the past 10 years.
Growing Dividend: SINOBANGLA's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Sinobangla Industries Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (SINOBANGLA) | 2.5% |
Market Bottom 25% (BD) | 0.9% |
Market Top 25% (BD) | 4.1% |
Industry Average (Packaging) | 1.9% |
Analyst forecast in 3 Years (SINOBANGLA) | n/a |
Notable Dividend: SINOBANGLA's dividend (2.49%) is higher than the bottom 25% of dividend payers in the BD market (0.94%).
High Dividend: SINOBANGLA's dividend (2.49%) is low compared to the top 25% of dividend payers in the BD market (4.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.7%), SINOBANGLA's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (10.3%), SINOBANGLA's dividend payments are thoroughly covered by cash flows.