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Envoy Textiles (DHA:ENVOYTEX) Forward Dividend Yield % : 4.46% (As of Jun. 04, 2024)


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What is Envoy Textiles Forward Dividend Yield %?

As of today (2024-06-04), the Forward Annual Dividend Yield of Envoy Textiles is 4.46%.

As of today (2024-06-04), the Trailing Annual Dividend Yield of Envoy Textiles is 4.46%.

DHA:ENVOYTEX's Forward Dividend Yield % is ranked better than
72.14% of 542 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.675 vs DHA:ENVOYTEX: 4.46

Envoy Textiles's Dividends per Share for the three months ended in Mar. 2024 was BDT1.50.

During the past 5 years, the average Dividends Per Share Growth Rate was 4.20% per year.

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Envoy Textiles was 13.40% per year. The lowest was -20.60% per year. And the median was -9.85% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Envoy Textiles's Forward Dividend Yield %

For the Textile Manufacturing subindustry, Envoy Textiles's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Envoy Textiles's Forward Dividend Yield % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Envoy Textiles's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Envoy Textiles's Forward Dividend Yield % falls into.



Envoy Textiles Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Envoy Textiles Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
BDT 1.5000002024-02-182024-02-152024-04-28Cash DividendannuallyBDT:BDT 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Envoy Textiles's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.5/33.60
=4.46 %

Current Share Price is BDT33.60.
Envoy Textiles's Dividends per Share for the forward twelve months is calculated as BDT1.5 * 1 = BDT1.5.

Envoy Textiles's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.5/33.60
=4.46 %

Current Share Price is BDT33.60.
Envoy Textiles's Dividends per Share for the trailing twelve months (TTM) ended in Today is BDT1.5.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Envoy Textiles  (DHA:ENVOYTEX) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Envoy Textiles Forward Dividend Yield % Related Terms

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Envoy Textiles (DHA:ENVOYTEX) Business Description

Traded in Other Exchanges
N/A
Address
18/E, Lake Circus, Kalabagan, Envoy Tower, West Panthapath, Dhaka, BGD, 1205
Envoy Textiles Ltd is a manufacturer of denim in Bangladesh. The company produces a range of denim products featuring a wide range of yarns and weaves in various shades of indigo and black. The company specializes in 4.5 oz to 14.75 oz ring and open-end denim and uses stretch, mill wash, and modern finishing processes. The product consists of cent percent cotton denim, overdyed denim fabric, flat/mercerized denim, coated denim, dual-core, blender, indigo, stretch denim fabric, vintage cross-hatch style denim fabric, natural denim, cotton/poly/spandex, performance denim, handloom/knit look, and tencel.

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