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Tamijuddin Textile Mills (DHA:TAMIJTEX) Forward Dividend Yield %

: 1.67% (As of Today)
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As of today (2024-04-16), the Forward Annual Dividend Yield of Tamijuddin Textile Mills is 1.67%.

As of today (2024-04-16), the Trailing Annual Dividend Yield of Tamijuddin Textile Mills is 1.67%.

DHA:TAMIJTEX's Forward Dividend Yield % is ranked worse than
67.96% of 543 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.74 vs DHA:TAMIJTEX: 1.67

Tamijuddin Textile Mills's Dividends per Share for the six months ended in . 20 was BDT0.00.

The growth rate is calculated with least square regression.

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


Competitive Comparison

For the Textile Manufacturing subindustry, Tamijuddin Textile Mills'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.


Tamijuddin Textile Mills Forward Dividend Yield % Distribution

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

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



Tamijuddin Textile Mills Forward Dividend Yield % Calculation

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

Tamijuddin Textile Mills Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
BDT 2.0002023-12-112023-12-102024-02-08Cash 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.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2/119.80
=1.67 %

Current Share Price is BDT119.80.
Tamijuddin Textile Mills's Dividends per Share for the forward twelve months is calculated as BDT2 * 1 = BDT2.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2/119.80
=1.67 %

Current Share Price is BDT119.80.
Tamijuddin Textile Mills's Dividends per Share for the trailing twelve months (TTM) ended in Today is BDT2.

* 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.


Tamijuddin Textile Mills  (DHA:TAMIJTEX) 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.


Tamijuddin Textile Mills Forward Dividend Yield % Related Terms

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Tamijuddin Textile Mills (DHA:TAMIJTEX) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
195, Motijheel C/A, Sena kalyan Bhaban, 11th Floor, Dhaka, BGD, 1000
Tamijuddin Textile Mills PLC owns and operates a textile spinning mill producing and selling assorted cotton yarn and polyester yarn in the local market and exporting under back to back L/C to local knitwear and woven industries.

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