Premco Global (BOM:530331) Dividend Payout Ratio : 0.37 (As of Sep. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Premco Global Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Premco Global's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.37.

The historical rank and industry rank for Premco Global's Dividend Payout Ratio or its related term are showing as below:

BOM:530331' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.02 Med: 0.23 Max: 0.57
Current: 0.39

During the past 13 years, the highest Dividend Payout Ratio of Premco Global was 0.57. The lowest was 0.02. And the median was 0.23.

BOM:530331's Dividend Payout Ratio is ranked worse than
50.79% of 441 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.38 vs BOM:530331: 0.39

As of today (2024-12-14), the Dividend Yield % of Premco Global is 2.02%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Premco Global was 6.01%. The lowest was 0.10%. And the median was 1.54%.

Premco Global's Dividends per Share for the months ended in Sep. 2024 was ₹2.00.

During the past 12 months, Premco Global's average Dividends Per Share Growth Rate was -43.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 48.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 51.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 25.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Premco Global was 86.60% per year. The lowest was -34.80% per year. And the median was 18.60% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Premco Global Dividend Payout Ratio Historical Data

The historical data trend for Premco Global's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Premco Global Dividend Payout Ratio Chart

Premco Global Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

Get a 7-Day Free Trial

0.20

0.10

0.39

0.57

0.56

Premco Global Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.98	0.47	0.90	0.22	0.37

Competitive Comparison of Premco Global's Dividend Payout Ratio

For the Textile Manufacturing subindustry, Premco Global's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Premco Global's Dividend Payout Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Premco Global's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Premco Global's Dividend Payout Ratio falls into.

Premco Global Dividend Payout Ratio Calculation

Premco Global's Dividend Payout Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2024 )	/	EPS without NRI (A: Mar. 2024 )
	=	13	/	23.384
	=	0.56

Premco Global's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	2	/	5.41
	=	0.37

Premco Global (BOM:530331) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Premco Global Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Premco Global's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Premco Global Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Premco Global Ltd (BOM:530331) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

N/A

Address

95 Ganpatrao Kadam marg, Urmi Estate, Tower-A, 11th floor, Lower Parel (West), Mumbai, IND, 400013

Website

https://www.premcoglobal.com

Premco Global Ltd is a company that is engaged in manufacturing woven and knitted elastic tapes, and other activities. Its product portfolio includes Name tapes and plain tapes; Buttonholes, rigid tapes and medical tapes and Panty and shoulder elastics. Geographically, it derives a majority of revenue from India.

Premco Global Headlines

No Headlines