Caribbean Cement Dividend
Dividend criteria checks 3/6
Caribbean Cement is a dividend paying company with a current yield of 3.04% that is well covered by earnings. Next payment date is on 3rd September, 2024 with an ex-dividend date of 22nd July, 2024.
Key information
3.0%
Dividend yield
29%
Payout ratio
| Industry average yield | 4.0% |
| Next dividend pay date | 03 Sep 24 |
| Ex dividend date | 22 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | JA$8.48 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, CCC has been paying a dividend for less than 10 years.
Growing Dividend: CCC's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Caribbean Cement Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CCC) | 3.0% |
| Market Bottom 25% (JM) | 1.9% |
| Market Top 25% (JM) | 3.2% |
| Industry Average (Basic Materials) | 4.0% |
| Analyst forecast in 3 Years (CCC) | n/a |
Notable Dividend: CCC's dividend (3.04%) is higher than the bottom 25% of dividend payers in the JM market (1.9%).
High Dividend: CCC's dividend (3.04%) is low compared to the top 25% of dividend payers in the JM market (3.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.3%), CCC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26.7%), CCC's dividend payments are well covered by cash flows.