Çimsa Çimento Sanayi ve Ticaret Dividend
Dividend criteria checks 4/6
Çimsa Çimento Sanayi ve Ticaret is a dividend paying company with a current yield of 3.34% that is well covered by earnings.
Key information
3.3%
Dividend yield
39%
Payout ratio
Industry average yield | 10.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | ₺1.058 |
Earnings per share | ₺2.69 |
Dividend yield forecast | 3.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CIMSA's dividend payments have been volatile in the past 10 years.
Growing Dividend: CIMSA's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Çimsa Çimento Sanayi ve Ticaret Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (CIMSA) | 3.3% |
Market Bottom 25% (TR) | 0.5% |
Market Top 25% (TR) | 2.9% |
Industry Average (Basic Materials) | 10.6% |
Analyst forecast (CIMSA) (up to 3 years) | 3.3% |
Notable Dividend: CIMSA's dividend (3.34%) is higher than the bottom 25% of dividend payers in the TR market (0.51%).
High Dividend: CIMSA's dividend (3.34%) is in the top 25% of dividend payers in the TR market (2.95%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.3%), CIMSA's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: CIMSA is paying a dividend but the company has no free cash flows.