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Textile stocks’ dividend race: Premco Global, Monte Carlo, Siyaram, Ambika Cotton - Which stock spins highest yield?
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Context
What happened: Indian textile stocks are drawing investor attention on supply-chain diversification, policy support and better trade access. Premco Global, Monte Carlo Fashions, Siyaram Silk Mills and Ambika Cotton Mills are noted for their dividend yields.
Key numbers: Premco Global dividend Rs 42 per share, yield 9.5%, one-year return -9.56%.
Why it matters: Premco Global has the highest annual yield among the four, but the content attributes it to a one-time special dividend announced earlier. Dividend yield shows the cash return per Rupee invested.
What changed
Indian textile stocks are drawing investor attention on supply-chain diversification, policy support and better trade access. Premco Global, Monte Carlo Fashions, Siyaram Silk Mills and Ambika Cotton Mills are noted for their dividend yields.
Why it matters
Premco Global has the highest annual yield among the four, but the content attributes it to a one-time special dividend announced earlier. Dividend yield shows the cash return per Rupee invested.