Anhui Conch Cement Dividends and Buybacks
Dividend criteria checks 5/6
Anhui Conch Cement is a dividend paying company with a current yield of 4.78% that is well covered by earnings.
Key information
4.8%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 5.0% |
| Future Dividend Yield | 4.7% |
| Dividend Growth | 9.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CN¥0.978 |
| Payout ratio | 70% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600585's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600585's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Anhui Conch Cement Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (600585) | 4.8% |
| Market Bottom 25% (CN) | 0.5% |
| Market Top 25% (CN) | 2.1% |
| Industry Average (Basic Materials) | 3.2% |
| Analyst forecast (600585) (up to 3 years) | 4.7% |
Notable Dividend: 600585's dividend (4.78%) is higher than the bottom 25% of dividend payers in the CN market (0.53%).
High Dividend: 600585's dividend (4.78%) is in the top 25% of dividend payers in the CN market (2.09%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (70.1%), 600585's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (75.7%), 600585's dividend payments are covered by cash flows.