Premier Cement Mills Dividends and Buybacks
Dividend criteria checks 2/6
Premier Cement Mills is a dividend paying company with a current yield of 4.07% that is well covered by earnings. Next payment date is on 30th December, 2024 with an ex-dividend date of 10th November, 2024.
Key information
4.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 1.7% |
| Next dividend pay date | 30 Dec 24 |
| Ex dividend date | 10 Nov 24 |
| Dividend per share | ৳2.150 |
| Payout ratio | 32% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PREMIERCEM's dividend payments have been volatile in the past 10 years.
Growing Dividend: PREMIERCEM's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Premier Cement Mills Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PREMIERCEM) | 4.1% |
| Market Bottom 25% (BD) | 1.1% |
| Market Top 25% (BD) | 4.3% |
| Industry Average (Basic Materials) | 5.4% |
| Analyst forecast (PREMIERCEM) (up to 3 years) | n/a |
Notable Dividend: PREMIERCEM's dividend (4.07%) is higher than the bottom 25% of dividend payers in the BD market (1.07%).
High Dividend: PREMIERCEM's dividend (4.07%) is low compared to the top 25% of dividend payers in the BD market (4.47%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.4%), PREMIERCEM's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: PREMIERCEM is paying a dividend but the company has no free cash flows.