Confidence Cement Dividend
Dividend criteria checks 2/6
Confidence Cement is a dividend paying company with a current yield of 1.75% that is well covered by earnings.
Key information
1.8%
Dividend yield
9%
Payout ratio
Industry average yield | 6.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | ৳1.000 |
Earnings per share | ৳5.52 |
Dividend yield forecast | n/a |
Recent dividend 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 |
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Segment | Dividend Yield |
---|---|
Company (CONFIDCEM) | 1.8% |
Market Bottom 25% (BD) | 1.3% |
Market Top 25% (BD) | 4.5% |
Industry Average (Basic Materials) | 6.1% |
Analyst forecast (CONFIDCEM) (up to 3 years) | n/a |
Notable Dividend: CONFIDCEM's dividend (1.75%) is higher than the bottom 25% of dividend payers in the BD market (1.32%).
High Dividend: CONFIDCEM's dividend (1.75%) is low compared to the top 25% of dividend payers in the BD market (4.48%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (8.6%), CONFIDCEM's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (124.1%), CONFIDCEM's dividend payments are not well covered by cash flows.