Cyprus Cement Dividends and Buybacks
Dividend criteria checks 2/6
Cyprus Cement is a dividend paying company with a current yield of 4.11% that is well covered by earnings. Next payment date is on 29th November, 2024 with an ex-dividend date of 31st October, 2024.
Key information
4.1%
Dividend yield
0.05%
Buyback Yield
| Total Shareholder Yield | 4.2% |
| Future Dividend Yield | n/a |
| Dividend Growth | -0.3% |
| Next dividend pay date | 29 Nov 24 |
| Ex dividend date | 31 Oct 24 |
| Dividend per share | €0.030 |
| Payout ratio | 45% |
Recent dividend and buyback updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CCC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CCC's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Cyprus Cement Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CCC) | 4.1% |
| Market Bottom 25% (CY) | 3.7% |
| Market Top 25% (CY) | 5.8% |
| Industry Average (Basic Materials) | 2.5% |
| Analyst forecast (CCC) (up to 3 years) | n/a |
Notable Dividend: CCC's dividend (4.11%) is higher than the bottom 25% of dividend payers in the CY market (3.7%).
High Dividend: CCC's dividend (4.11%) is low compared to the top 25% of dividend payers in the CY market (5.83%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.1%), CCC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: CCC is paying a dividend but the company has no free cash flows.