Apex Spinning & Knitting Mills (DHA:APEXSPINN) Dividend Payout Ratio : 1.96 (As of Dec. 2023)

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What is Apex Spinning & Knitting Mills Dividend Payout Ratio?

Apex Spinning & Knitting Mills's dividend payout ratio for the months ended in Dec. 2023 was 1.96.

The historical rank and industry rank for Apex Spinning & Knitting Mills's Dividend Payout Ratio or its related term are showing as below:

DHA:APEXSPINN' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.53 Med: 0.71 Max: 1.35
Current: 0.55

During the past 13 years, the highest Dividend Payout Ratio of Apex Spinning & Knitting Mills was 1.35. The lowest was 0.53. And the median was 0.71.

DHA:APEXSPINN's Dividend Payout Ratio is ranked worse than
63.68% of 424 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.38 vs DHA:APEXSPINN: 0.55

As of today (2024-04-24), the Dividend Yield % of Apex Spinning & Knitting Mills is 1.79%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Apex Spinning & Knitting Mills was 2.56%. The lowest was 0.96%. And the median was 1.53%.

Apex Spinning & Knitting Mills's Dividends per Share for the months ended in Dec. 2023 was BDT2.00.

During the past 5 years, the average Dividends Per Share Growth Rate was -0.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Apex Spinning & Knitting Mills was 6.90% per year. The lowest was -48.90% per year. And the median was -6.10% per year.

The growth rate is calculated with least square regression.

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

Apex Spinning & Knitting Mills Dividend Payout Ratio Historical Data

The historical data trend for Apex Spinning & Knitting Mills'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.

Apex Spinning & Knitting Mills Dividend Payout Ratio Chart

Apex Spinning & Knitting Mills Annual Data

Trend

Mar14

Mar15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Dividend Payout Ratio

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0.62

1.35

0.53

0.58

0.59

Apex Spinning & Knitting Mills Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															1.82	-	-	-	1.96

Competitive Comparison of Apex Spinning & Knitting Mills's Dividend Payout Ratio

For the Apparel Manufacturing subindustry, Apex Spinning & Knitting Mills'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.

Apex Spinning & Knitting Mills's Dividend Payout Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Apex Spinning & Knitting Mills's Dividend Payout Ratio falls into.

Apex Spinning & Knitting Mills Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Apex Spinning & Knitting Mills's Dividend Payout Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2023 )	/	EPS without NRI (A: Jun. 2023 )
	=	2	/	3.421
	=	0.58

Apex Spinning & Knitting Mills's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	2	/	1.02
	=	1.96

Apex Spinning & Knitting Mills (DHA:APEXSPINN) Dividend Payout Ratio Explanation

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.

Apex Spinning & Knitting Mills Dividend Payout Ratio Related Terms

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

Apex Spinning & Knitting Mills (DHA:APEXSPINN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Apex Spinning & Knitting Mills Ltd (DHA:APEXSPINN) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Gulshan Avenue, Shanta Skymark, 8th & 13th Floor, Gulshan, Dhaka, BGD, 1212

Website

https://www.apexknitting.com

Apex Spinning & Knitting Mills Ltd is a Bangladesh based company that operates as a manufacturer and exporter of all kinds of textiles knitted garments. The company is principally operating in manufacturing high-quality Knit-garments for infants, children, and womenswear using fabrics produced in-house.

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