Textile Stocks’ Dividend Race: Premco Global, Monte Carlo, Siyaram, Ambika Cotton – Which Stock Spins Highest Yield?
- October 16, 2026
- Posted by: Lakshit Sharma
- Category: News
Premco Global had the highest one year dividend yield among the textile stocks in the headline, at 9.5%, boosted by a special dividend. Ambika Cotton Mills paid Rs 37 for FY26 (record date 22 Sep 2026), a trailing yield of 2.47% at Rs 1,500. I could not find reliable yields for Monte Carlo or Siyaram, so those are unverified.
Quick Answer
Premco Global had the highest one year dividend yield among the textile stocks in the headline, at 9.5%, but a special dividend lifted that figure and a one off payout may not repeat. Ambika Cotton Mills paid a final dividend of Rs 37 per share for FY26, a trailing yield of 2.47% at a price of Rs 1,500 on 15 October 2026, with a payout of about 30% of earnings. I could not find verified current yields for Monte Carlo Fashions or Siyaram Silk Mills, so I do not rank them. A high dividend yield can signal value or a falling price, so the quality of earnings matters more than the headline figure.
Textile makers pay dividends when cash flows are steady, and a handful of small caps now sit near the top of the yield tables. The headline asks which of them offers the highest yield.
This guide explains how the dividend yield is worked out, what is known about each company, why a special dividend distorts the ranking and which risks to check. Where I could not find data, I say so.
Click Here – Get Free Investment Predictions
Textile Stocks Dividend Yield: What Is Known
| Company | Dividend yield or payout | Status |
|---|---|---|
| Premco Global | 9.5% one year yield, boosted by a special dividend | From the headline subtext; amount and price not verified |
| Ambika Cotton Mills | Rs 37 final dividend for FY26; trailing yield 2.47% at Rs 1,500 | Verified on INDmoney (15 Oct 2026) |
| Monte Carlo Fashions | A payout of Rs 20 has been reported | Date and yield unverified |
| Siyaram Silk Mills | Not found | Unverified |
Ambika Cotton went ex-dividend on 22 September 2026, the same as the record date. It has paid a dividend in each of the last nine financial years, with a payout ratio of about 30% on an EPS of Rs 125.01 (my check: 37 / 125.01 = 29.6%).
Risk: A yield taken from an old dividend and a new price can be misleading, so recompute it before you decide.
Screen high dividend stocks on the Univest Screener
How to Calculate Dividend Yield: A Worked Example
| Step | Ambika Cotton | Illustration only |
|---|---|---|
| Dividend in the last 12 months | Rs 37 | Rs 10 |
| Share price | Rs 1,500 | Rs 105 |
| Dividend yield | 2.47% (37 / 1,500) | 9.5% (10 / 105) |
The right-hand column is a made up example to show how a 9.5% yield can arise from a special payout, and it is not data for Premco Global. If the company paid a Rs 10 special once and nothing the next year, the yield would drop to zero.
The yield moves with the share price. If the price falls 20% and the payout stays the same, the yield rises by 25%, which can make a weak stock look attractive (my calculation).
Risk: A very high dividend yield can come from a price fall that signals trouble.
Download the Univest iOS App or Univest Android App to screen stocks by dividend yield and set alerts.
Special Dividend Versus Regular Dividend
| Type | Pattern | What it tells you |
|---|---|---|
| Regular | Paid every year, often linked to a payout ratio | Reliable income if earnings hold |
| Interim | Paid during the year | Cash returned early |
| Special | One time payout from surplus cash or a gain | May not repeat |
A one year yield of 9.5% that includes a special dividend should be read together with the regular dividend. If the regular part is small, the real income stream is far lower than the headline.
Cash for a special dividend can come from the sale of an asset, so check the cash flow statement and not only the dividend line.
Risk: Chasing a special dividend can mean buying just before the share price adjusts downward on the ex-date.
Checks Before You Buy a Textile Stock for Its Dividend Yield
| Check | Why it matters |
|---|---|
| Payout ratio | A ratio above 100% cannot continue |
| Earnings trend | Textile margins swing with cotton and demand |
| Debt | Interest costs compete with dividends |
| Dividend history | Years of payments suggest a policy |
| Tax | Dividends are taxed at the slab rate, with 10% TDS above Rs 10,000 a year from one company |
Textile stocks are cyclical, so the dividend yield can swing, with cotton prices, exports and fashion demand all affecting profit. A dividend that looks safe in a good year can be cut in a poor one.
What to Watch Next
- The actual special dividend and the price used for the 9.5% yield at Premco Global
- Monte Carlo and Siyaram dividend history and current prices
- Ambika Cotton results and any interim dividend
- Cotton prices and export demand
- The next record dates for each company
Conclusion
Premco Global tops the headline with a 9.5% dividend yield, but a special dividend inflates it. Ambika Cotton at 2.47% is a steadier payer, and the Monte Carlo and Siyaram figures are unverified.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
Which textile stock has the highest dividend yield?
Ans. Premco Global, at 9.5% over one year, boosted by a special dividend, according to the headline. I could not verify the amount.
What is Ambika Cotton’s dividend yield?
Ans. It paid Rs 37 per share for FY26, a trailing yield of 2.47% at Rs 1,500 as of 15 October 2026.
What is the Monte Carlo dividend yield?
Ans. A payout of Rs 20 has been reported, but I could not verify the date or yield.
What is the Siyaram dividend yield?
Ans. I could not find a reliable figure.
How is dividend yield calculated?
Ans. Divide the dividend paid in the last 12 months by the current share price and multiply by 100.
Is a special dividend repeatable?
Ans. Not usually. It is a one time payout, so a yield that includes it can fall sharply the next year.
How are dividends taxed?
Ans. Dividends are taxed at the investor’s slab rate, with 10% TDS if the dividend from one company exceeds Rs 10,000 in a year.
Is this article investment advice?
Ans. No. It is educational and not a recommendation to buy or sell.