Premco Global emerged as the clear winner in the textile sector's dividend race, posting the highest one-year dividend yield at 9.5%. According to reports from Stock Market News, this exceptional yield was primarily driven by a special dividend of ₹42 per equity share announced by the company earlier this year. The stock closed 2.02% higher at ₹399 per share on BSE on Thursday, though it has declined 9.56% over the past year. The textile stock has delivered 6.84% returns in three months but faced challenges with 5.9% decline in six months.
Monte Carlo Fashions recorded a dividend yield of 2.86% for the last one year, with the stock closing 0.52% lower at ₹523.70 per share on BSE. As reported by Stock Market News, the company has delivered negative 22.83% return in one year, though it showed strong performance with 39.63% returns in two years and 34.57% returns in three years. Siyaram Silk Mills offered a 2.29% dividend yield and closed marginally higher at ₹536.55 per share, with the stock delivering 5.28% returns in six months but declining 21.26% in one year.
According to reports from Stock Market News, Indian textile stocks are attracting significant attention amid supply-chain diversification, policy support and better trade access. The sector outlook has strengthened due to these favorable factors, keeping the textile theme on investors' radar. Ambika Cotton Mills recorded a dividend yield of 2.64% and ended marginally higher at ₹1,495 per share, delivering 5% returns in six months and 8.41% returns in one year. The company's market capitalization stood at ₹1,085.74 crore.
