Tata Textile Mills Dividend
Dividend criteria checks 2/6
Tata Textile Mills is a dividend paying company with a current yield of 7.47%.
Key information
7.5%
Dividend yield
-21%
Payout ratio
Industry average yield | 5.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | -PK₨14.37 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TATM's dividend payments have been volatile in the past 10 years.
Growing Dividend: TATM's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Tata Textile Mills Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (TATM) | 7.5% |
Market Bottom 25% (PK) | 3.9% |
Market Top 25% (PK) | 12.8% |
Industry Average (Luxury) | 5.0% |
Analyst forecast in 3 Years (TATM) | n/a |
Notable Dividend: TATM's dividend (7.47%) is higher than the bottom 25% of dividend payers in the PK market (3.92%).
High Dividend: TATM's dividend (7.47%) is low compared to the top 25% of dividend payers in the PK market (12.76%).
Earnings Payout to Shareholders
Earnings Coverage: TATM is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: TATM is paying a dividend but the company has no free cash flows.