Confidence Cement Dividends and Buybacks
Dividend criteria checks 2/6
Confidence Cement is a dividend paying company with a current yield of 1.63% that is well covered by earnings. Last payment was on 24th November, 2024 with an ex-dividend date of 1st October, 2024.
Key information
1.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -7.7% |
| Next dividend pay date | 24 Nov 24 |
| Ex dividend date | 01 Oct 24 |
| Dividend per share | ৳1.000 |
| Payout ratio | 11% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CONFIDCEM's dividend payments have been volatile in the past 10 years.
Growing Dividend: CONFIDCEM's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Confidence Cement Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CONFIDCEM) | 1.6% |
| Market Bottom 25% (BD) | 1.1% |
| Market Top 25% (BD) | 4.4% |
| Industry Average (Basic Materials) | 5.4% |
| Analyst forecast (CONFIDCEM) (up to 3 years) | n/a |
Notable Dividend: CONFIDCEM's dividend (1.63%) is higher than the bottom 25% of dividend payers in the BD market (1.1%).
High Dividend: CONFIDCEM's dividend (1.63%) is low compared to the top 25% of dividend payers in the BD market (4.37%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.4%), CONFIDCEM's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: CONFIDCEM is paying a dividend but the company has no free cash flows.