Sinobangla Industries Dividends and Buybacks
Dividend criteria checks 4/6
Sinobangla Industries is a dividend paying company with a current yield of 2.82% that is well covered by earnings. Next payment date is on 26th February, 2025 with an ex-dividend date of 1st December, 2024.
Key information
2.8%
Dividend yield
-18.8%
Buyback Yield
| Total Shareholder Yield | -16.0% |
| Future Dividend Yield | n/a |
| Dividend Growth | -0.2% |
| Next dividend pay date | 26 Feb 25 |
| Ex dividend date | 01 Dec 24 |
| Dividend per share | ৳1.000 |
| Payout ratio | 73% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SINOBANGLA) | 2.8% |
| Market Bottom 25% (BD) | 1.1% |
| Market Top 25% (BD) | 4.4% |
| Industry Average (Packaging) | 0.7% |
| Analyst forecast (SINOBANGLA) (up to 3 years) | n/a |
Notable Dividend: SINOBANGLA's dividend (2.82%) is higher than the bottom 25% of dividend payers in the BD market (1.08%).
High Dividend: SINOBANGLA's dividend (2.82%) is low compared to the top 25% of dividend payers in the BD market (4.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (72.6%), SINOBANGLA's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.8%), SINOBANGLA's dividend payments are well covered by cash flows.