Matin Spinning Mills (DHA:MATINSPINN) Dividend Payout Ratio : 2.52 (As of Dec. 2023)

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What is Matin Spinning Mills Dividend Payout Ratio?

Matin Spinning Mills's dividend payout ratio for the months ended in Dec. 2023 was 2.52.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Matin Spinning Mills PLC is 3.70, which seems too high.

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

DHA:MATINSPINN' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.29 Med: 0.67 Max: 3.7
Current: 3.7

During the past 11 years, the highest Dividend Payout Ratio of Matin Spinning Mills was 3.70. The lowest was 0.29. And the median was 0.67.

DHA:MATINSPINN's Dividend Payout Ratio is ranked worse than
97.64% of 423 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.38 vs DHA:MATINSPINN: 3.70

As of today (2024-04-25), the Dividend Yield % of Matin Spinning Mills is 8.39%.

During the past 11 years, the highest Trailing Annual Dividend Yield of Matin Spinning Mills was 8.70%. The lowest was 2.51%. And the median was 4.57%.

Matin Spinning Mills's Dividends per Share for the months ended in Dec. 2023 was BDT4.00.

During the past 12 months, Matin Spinning Mills's average Dividends Per Share Growth Rate was -20.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 49.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 28.50% per year.

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of Matin Spinning Mills was 49.40% per year. The lowest was -15.70% per year. And the median was -3.50% per year.

The growth rate is calculated with least square regression.

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

Matin Spinning Mills Dividend Payout Ratio Historical Data

The historical data trend for Matin Spinning 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.

Matin Spinning Mills Dividend Payout Ratio Chart

Matin Spinning Mills Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Dividend Payout Ratio

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1.78

0.67

0.29

0.37

1.12

Matin Spinning 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															2.76	-	-	-	2.52

Competitive Comparison of Matin Spinning Mills's Dividend Payout Ratio

For the Textile Manufacturing subindustry, Matin Spinning 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.

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

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

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

Matin Spinning Mills Dividend Payout Ratio Calculation

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

Matin Spinning 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 )
	=	5	/	4.458
	=	1.12

Matin Spinning 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 )
	=	4	/	1.59
	=	2.52

Matin Spinning Mills (DHA:MATINSPINN) 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.

Matin Spinning Mills Dividend Payout Ratio Related Terms

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

Matin Spinning Mills (DHA:MATINSPINN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Matin Spinning Mills PLC (DHA:MATINSPINN) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

N/A

Address

Road 03, House 50, Capita South Avenue Tower, 6th Floor, 7 Gulshan Avenue, Gulshan-1, Dhaka, BGD, 1212

Website

https://www.matinspinning.com

Matin Spinning Mills PLC manufactures and sells all types of Cotton, Viscose, Polyester, Melange and their blend in Bangladesh. The company's manufacturing plant is located at Sardagonj, Dhaka, Bangladesh.

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