Cementos Argos S.A.

BVC:CEMARGOS Stock Report

Market Cap: Col$14.4t

Cementos Argos Dividends and Buybacks

Dividend criteria checks 2/6

Cementos Argos is a dividend paying company with a current yield of 4.92%. Next payment date is on 1st October, 2026 with an ex-dividend date of 25th September, 2026.

Key information

4.9%

Dividend yield

7.4%

Buyback Yield

Total Shareholder Yield12.3%
Future Dividend Yield4.9%
Dividend Growth3.2%
Next dividend pay date01 Oct 26
Ex dividend date25 Sep 26
Dividend per sharen/a
Payout ratio111%

Recent dividend and buyback updates

Recent updates

Narrative Update Jun 25

CEMARGOS: Stable Margins And P E Multiple Will Support Future Upside

Analysts have kept their COP$13,014 price target for Cementos Argos broadly unchanged, with only slight tweaks to inputs such as the discount rate and assumed future P/E. This reflects updated views on risk and valuation rather than a shift in the core outlook.
Narrative Update Jun 08

CEMARGOS: Higher Modeled Margins And P E Multiple Will Support Upside

Analysts have made a small adjustment to the Cementos Argos fair value estimate, moving the target from COP13,055.56 to COP13,014.44, as they recalibrate assumptions on revenue growth, profit margins, the discount rate, and the future P/E multiple. What's in the News No recent company specific news items or key developments were provided for Cementos Argos in the sources above.
Narrative Update May 25

CEMARGOS: Higher Modeled Profitability And Multiple Will Support Future Upside

Analysts have trimmed their price target for Cementos Argos slightly, with fair value moving from COP 13,065 to about COP 13,055. This reflects updated assumptions around the discount rate, revenue growth, profit margin and future P/E multiples.
Narrative Update Apr 30

CEMARGOS: Higher Modeled Revenue And P/E Will Support Future Upside

Analysts have raised their price target on Cementos Argos to COP 13,065 from COP 12,954, reflecting updated inputs around slightly higher modeled revenue growth, a modest change in the discount rate, adjusted profit margin assumptions and a small uplift in expected future P/E. Valuation Changes Fair Value: Updated to COP 13,065 from COP 12,953, keeping the modeled estimate slightly above the prior level.
Narrative Update Apr 09

CEMARGOS: Stable Margins And Earnings Quality Will Likely Sustain Re Rated P/E

Analysts keep their COP 12,953.89 price target for Cementos Argos broadly unchanged, with only minor tweaks to the discount rate and future P/E assumptions to reflect updated views on risk and earnings quality. Valuation Changes Fair Value: COP 12,953.89 remains unchanged, with no adjustment to the central valuation level.
Narrative Update Mar 25

CEMARGOS: Higher Margin Outlook Will Likely Support Re Rated Future P/E

Analysts have nudged their price target for Cementos Argos higher from COP12,820.56 to COP12,953.89, reflecting updated views on revenue growth, profit margins, and a lower expected future P/E multiple. Valuation Changes Fair Value: Updated from COP12,820.56 to COP12,953.89, representing a small upward revision to the implied valuation range.
Narrative Update Mar 11

CEMARGOS: Revised Growth And Margin Outlook Will Likely Sustain Elevated Future P/E Risk

Analysts have nudged their price target for Cementos Argos up from COP 12,500 to around COP 12,821, reflecting updated assumptions on revenue growth, profit margins, discount rate and future P/E levels. Valuation Changes Fair Value: updated from COP 12,500 to COP 12,820.56, a small upward adjustment in the modelled estimate.
Narrative Update Feb 25

CEMARGOS: Updated Assumptions Will Likely Sustain Elevated Future P/E Risk

Analysts have nudged their price target on Cementos Argos up from COP 11,675 to COP 12,500, reflecting updated assumptions around the discount rate, revenue growth, profit margin and future P/E expectations. Valuation Changes Fair Value: Adjusted from COP 11,675 to COP 12,500, indicating a higher central estimate for the share price.
New Narrative Feb 22

U.S. Aggregates Expansion And Latin American Strength Will Transform Long Term Earnings Potential

Catalysts About Cementos Argos Cementos Argos is a cement and ready mix producer with operations across Colombia, Central America, the Caribbean and a growing aggregates platform linked to the U.S. market. What are the underlying business or industry changes driving this perspective?
Narrative Update Feb 10

CEMARGOS: Stable Assumptions Will Likely Sustain Excessive P/E Risk

Analysts have maintained their fair value estimate for Cementos Argos at COP 11,675 per share, making only small adjustments to inputs such as the discount rate and assumed future P/E multiple. This reflects a largely stable view of the company’s risk and earnings profile.
Narrative Update Jan 24

CEMARGOS: Higher Required Returns Will Likely Pressure Elevated P/E Expectations

Analysts have lifted their price target for Cementos Argos from COP$11,306.25 to COP$11,675.00. This change reflects updated assumptions around discount rates, revenue growth, profit margins and future P/E expectations.
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New Narrative Mar 09

The 'From The Mine To The Market' Initiative Will Optimize Operations And Reduce Costs

Cementos Argos' mine to market initiative and Central America expansions boost EBITDA growth via operational optimization and increased production capabilities.

Upcoming Dividend Payment

TodayJul 06 2026Ex Dividend DateSep 25 2026Dividend Pay DateOct 01 20266 days from Ex DividendBuy in the next 81 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: CEMARGOS's dividend payments have been volatile in the past 10 years.

Growing Dividend: CEMARGOS's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Cementos Argos Dividend Yield vs Market
How does CEMARGOS dividend yield compare to the market?
SegmentDividend Yield
Company (CEMARGOS)4.9%
Market Bottom 25% (CO)3.7%
Market Top 25% (CO)9.0%
Industry Average (Basic Materials)2.6%
Analyst forecast (CEMARGOS) (up to 3 years)4.9%

Notable Dividend: CEMARGOS's dividend (4.92%) is higher than the bottom 25% of dividend payers in the CO market (3.75%).

High Dividend: CEMARGOS's dividend (4.92%) is low compared to the top 25% of dividend payers in the CO market (9.01%).


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (111.3%), CEMARGOS's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (286.2%), CEMARGOS's dividend payments are not well covered by cash flows.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/06 12:59
End of Day Share Price 2026/07/03 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Cementos Argos S.A. is covered by 14 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Benjamin TheurerBarclays
Eric NeguelouartBofA Global Research
Gordon LeeBTG Pactual