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Paramount Textile (DHA:PTL) Forward Dividend Yield % : 1.29% (As of May. 03, 2024)


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What is Paramount Textile Forward Dividend Yield %?

As of today (2024-05-03), the Forward Annual Dividend Yield of Paramount Textile is 1.29%.

As of today (2024-05-03), the Trailing Annual Dividend Yield of Paramount Textile is 1.29%.

DHA:PTL's Forward Dividend Yield % is ranked worse than
72.83% of 541 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.72 vs DHA:PTL: 1.29

Paramount Textile's Dividends per Share for the three months ended in Jun. 2023 was BDT0.00.

During the past 12 months, Paramount Textile's average Dividends Per Share Growth Rate was -50.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 19.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 32.00% per year.

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Paramount Textile was 58.30% per year. The lowest was -18.50% per year. And the median was 19.80% 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 Paramount Textile's Forward Dividend Yield %

For the Textile Manufacturing subindustry, Paramount Textile'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.


Paramount Textile's Forward Dividend Yield % Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Paramount Textile Forward Dividend Yield % Calculation

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

Paramount Textile Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
BDT 1.0000002023-11-222023-11-212024-03-20Cash 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.

Paramount Textile's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1/77.60
=1.29 %

Current Share Price is BDT77.60.
Paramount Textile's Dividends per Share for the forward twelve months is calculated as BDT1 * 1 = BDT1.

Paramount Textile's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1/77.60
=1.29 %

Current Share Price is BDT77.60.
Paramount Textile's Dividends per Share for the trailing twelve months (TTM) ended in Today is BDT1.

* 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.


Paramount Textile  (DHA:PTL) 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.


Paramount Textile Forward Dividend Yield % Related Terms

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Paramount Textile (DHA:PTL) Business Description

Traded in Other Exchanges
N/A
Address
Road No. 113/A, House No.22, (Level 2, 5-7), Gulshan 2, Dhaka, BGD, 1212
Paramount Textile PLC Formerly Paramount Textile Ltd is engaged in manufacturing woven fabric. The firm produces and markets yarn, solid dyed, woven fabrics, and printed fabrics in diverse shades, quality, construction, recipes, colours among others across countries. Besides, the company also produces Knit yarn dyeing, Sweater yarn dyeing, and printing fabrics as well. Majority of the revenue is generated from Yarn dyed fabrics.

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