Kitex Garments Limited

NSEI:KITEX Stock Report

Market Cap: ₹44.5b

Kitex Garments Dividends and Buybacks

Dividend criteria checks 3/6

Kitex Garments is a dividend paying company with a current yield of 0.22% that is well covered by earnings.

Key information

0.2%

Dividend yield

-0.07%

Buyback Yield

Total Shareholder Yield0.2%
Future Dividend Yieldn/a
Dividend Growth5.8%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per share₹1.500
Payout ratio18%

Recent dividend and buyback updates

Kitex Garments' (NSE:KITEX) Dividend Will Be ₹1.50

Sep 17
Kitex Garments' (NSE:KITEX) Dividend Will Be ₹1.50

Kitex Garments (NSE:KITEX) Is Due To Pay A Dividend Of ₹1.50

Sep 02
Kitex Garments (NSE:KITEX) Is Due To Pay A Dividend Of ₹1.50

Recent updates

There's Reason For Concern Over Kitex Garments Limited's (NSE:KITEX) Massive 31% Price Jump

Nov 21
There's Reason For Concern Over Kitex Garments Limited's (NSE:KITEX) Massive 31% Price Jump

Kitex Garments Limited (NSE:KITEX) Stock Rockets 35% As Investors Are Less Pessimistic Than Expected

Sep 29
Kitex Garments Limited (NSE:KITEX) Stock Rockets 35% As Investors Are Less Pessimistic Than Expected

Increases to CEO Compensation Might Be Put On Hold For Now at Kitex Garments Limited (NSE:KITEX)

Sep 22
Increases to CEO Compensation Might Be Put On Hold For Now at Kitex Garments Limited (NSE:KITEX)

Kitex Garments' (NSE:KITEX) Dividend Will Be ₹1.50

Sep 17
Kitex Garments' (NSE:KITEX) Dividend Will Be ₹1.50

Kitex Garments (NSE:KITEX) Is Due To Pay A Dividend Of ₹1.50

Sep 02
Kitex Garments (NSE:KITEX) Is Due To Pay A Dividend Of ₹1.50

Earnings Not Telling The Story For Kitex Garments Limited (NSE:KITEX) After Shares Rise 30%

Aug 15
Earnings Not Telling The Story For Kitex Garments Limited (NSE:KITEX) After Shares Rise 30%

Investors Could Be Concerned With Kitex Garments' (NSE:KITEX) Returns On Capital

Aug 12
Investors Could Be Concerned With Kitex Garments' (NSE:KITEX) Returns On Capital

Kitex Garments' (NSE:KITEX) Sluggish Earnings Might Be Just The Beginning Of Its Problems

May 27
Kitex Garments' (NSE:KITEX) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Kitex Garments (NSE:KITEX) Will Want To Turn Around Its Return Trends

Apr 04
Kitex Garments (NSE:KITEX) Will Want To Turn Around Its Return Trends

Kitex Garments Limited's (NSE:KITEX) Share Price Could Signal Some Risk

Mar 05
Kitex Garments Limited's (NSE:KITEX) Share Price Could Signal Some Risk

Calculating The Fair Value Of Kitex Garments Limited (NSE:KITEX)

Feb 03
Calculating The Fair Value Of Kitex Garments Limited (NSE:KITEX)

Kitex Garments (NSE:KITEX) Will Want To Turn Around Its Return Trends

Dec 16
Kitex Garments (NSE:KITEX) Will Want To Turn Around Its Return Trends

Kitex Garments Limited's (NSE:KITEX) CEO Compensation Is Looking A Bit Stretched At The Moment

Sep 24
Kitex Garments Limited's (NSE:KITEX) CEO Compensation Is Looking A Bit Stretched At The Moment

Kitex Garments (NSE:KITEX) May Have Issues Allocating Its Capital

Aug 30
Kitex Garments (NSE:KITEX) May Have Issues Allocating Its Capital

We Ran A Stock Scan For Earnings Growth And Kitex Garments (NSE:KITEX) Passed With Ease

Dec 26
We Ran A Stock Scan For Earnings Growth And Kitex Garments (NSE:KITEX) Passed With Ease

Kitex Garments' (NSE:KITEX) Dividend Will Be ₹1.50

Aug 08
Kitex Garments' (NSE:KITEX) Dividend Will Be ₹1.50

Kitex Garments (NSE:KITEX) Will Pay A Dividend Of ₹1.50

Jul 15
Kitex Garments (NSE:KITEX) Will Pay A Dividend Of ₹1.50

Kitex Garments' (NSE:KITEX) Returns On Capital Not Reflecting Well On The Business

May 30
Kitex Garments' (NSE:KITEX) Returns On Capital Not Reflecting Well On The Business

Some Investors May Be Worried About Kitex Garments' (NSE:KITEX) Returns On Capital

Feb 02
Some Investors May Be Worried About Kitex Garments' (NSE:KITEX) Returns On Capital

Returns On Capital Signal Tricky Times Ahead For Kitex Garments (NSE:KITEX)

May 05
Returns On Capital Signal Tricky Times Ahead For Kitex Garments (NSE:KITEX)

If You Had Bought Kitex Garments' (NSE:KITEX) Shares Five Years Ago You Would Be Down 64%

Feb 28
If You Had Bought Kitex Garments' (NSE:KITEX) Shares Five Years Ago You Would Be Down 64%

Do Insiders Own Lots Of Shares In Kitex Garments Limited (NSE:KITEX)?

Feb 09
Do Insiders Own Lots Of Shares In Kitex Garments Limited (NSE:KITEX)?

The Trends At Kitex Garments (NSE:KITEX) That You Should Know About

Jan 20
The Trends At Kitex Garments (NSE:KITEX) That You Should Know About

A Look At The Intrinsic Value Of Kitex Garments Limited (NSE:KITEX)

Dec 30
A Look At The Intrinsic Value Of Kitex Garments Limited (NSE:KITEX)

Here's Why I Think Kitex Garments (NSE:KITEX) Might Deserve Your Attention Today

Nov 19
Here's Why I Think Kitex Garments (NSE:KITEX) Might Deserve Your Attention Today

If You Had Bought Kitex Garments' (NSE:KITEX) Shares Five Years Ago You Would Be Down 79%

Oct 29
If You Had Bought Kitex Garments' (NSE:KITEX) Shares Five Years Ago You Would Be Down 79%

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: KITEX's dividends per share have been stable in the past 10 years.

Growing Dividend: KITEX's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Kitex Garments Dividend Yield vs Market
How does KITEX dividend yield compare to the market?
SegmentDividend Yield
Company (KITEX)0.2%
Market Bottom 25% (IN)0.3%
Market Top 25% (IN)1.2%
Industry Average (Luxury)0.5%
Analyst forecast (KITEX) (up to 3 years)n/a

Notable Dividend: KITEX's dividend (0.22%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.25%).

High Dividend: KITEX's dividend (0.22%) is low compared to the top 25% of dividend payers in the Indian market (1.14%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (17.7%), KITEX's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: KITEX is paying a dividend but the company has no free cash flows.


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