Textile stocks’ dividend race: Diversification of supply chains, domestic policy support and improving global trade access, have strengthened the outlook for Indian textile sector, keeping the theme on investors' radar. Premco Global, Monte Carlo Fashions, Siyaram Silk Mills, and Ambika Cotton Mills are among the textile companies that also come with decent dividend yields.
For dividend hunters, here are all the details about dividend payout, annual yield, stock performance of Premco Global, Monte Carlo Fashions, Siyaram Silk Mills, and Ambika Cotton Mills.
Dividend yield of Premco Global, Monte Carlo Fashions, Siyaram Silk Mills, and Ambika Cotton Mills, varies from 9.5% to 2.29% for last one year.
Over the last one year, Premco Global has announced a dividend amounting to ₹42 per equity share. Its dividend yield stood at 9.5% for the last one year. The stock closed 2.02% higher at ₹399 per share on BSE on Thursday. The textile stock has delivered 6.84% return in three months. It has declined 5.9% in six months and 9.56% in one year.
Monte Carlo’s dividend yield stood at 2.86% for the last one year. The stock closed 0.52% lower at ₹523.70 per share on BSE with an Mcap of ₹1,085.74 crore. The textile stock has delivered negative 22.83% return in one year, 39.63% return in two years, and around 34.57% return in three years.