Vassiliko Cement Works Public Company Ltd

CSE:VCW Stock Report

Market Cap: €251.8m

Vassiliko Cement Works Dividend

Dividend criteria checks 5/6

Vassiliko Cement Works is a dividend paying company with a current yield of 7.14% that is well covered by earnings. Next payment date is on 9th July, 2024 with an ex-dividend date of 12th June, 2024.

Key information

7.1%

Dividend yield

65%

Payout ratio

Industry average yield2.3%
Next dividend pay date09 Jul 24
Ex dividend date12 Jun 24
Dividend per sharen/a
Earnings per share€0.39
Dividend yield forecast in 3Yn/a

Recent dividend updates

Vassiliko Cement Works (CSE:VCW) Is Reducing Its Dividend To €0.06

Oct 11
Vassiliko Cement Works (CSE:VCW) Is Reducing Its Dividend To €0.06

Vassiliko Cement Works' (CSE:VCW) Dividend Will Be Reduced To €0.13

May 25
Vassiliko Cement Works' (CSE:VCW) Dividend Will Be Reduced To €0.13

Recent updates

Vassiliko Cement Works (CSE:VCW) Is Reducing Its Dividend To €0.06

Oct 11
Vassiliko Cement Works (CSE:VCW) Is Reducing Its Dividend To €0.06

Vassiliko Cement Works' (CSE:VCW) Dividend Will Be Reduced To €0.13

May 25
Vassiliko Cement Works' (CSE:VCW) Dividend Will Be Reduced To €0.13

Vassiliko Cement Works (CSE:VCW) Has Announced That Its Dividend Will Be Reduced To €0.13

Apr 11
Vassiliko Cement Works (CSE:VCW) Has Announced That Its Dividend Will Be Reduced To €0.13

We Think Vassiliko Cement Works (CSE:VCW) Can Stay On Top Of Its Debt

May 08
We Think Vassiliko Cement Works (CSE:VCW) Can Stay On Top Of Its Debt

Can Vassiliko Cement Works (CSE:VCW) Continue To Grow Its Returns On Capital?

Feb 11
Can Vassiliko Cement Works (CSE:VCW) Continue To Grow Its Returns On Capital?

How Does Vassiliko Cement Works Public Company Ltd (CSE:VCW) Fare As A Dividend Stock?

Jan 15
How Does Vassiliko Cement Works Public Company Ltd (CSE:VCW) Fare As A Dividend Stock?

Upcoming Dividend Payment

TodayMay 04 2024Ex Dividend DateJun 12 2024Dividend Pay DateJul 09 202427 days from Ex DividendBuy in the next 38 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

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

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


Dividend Yield vs Market

Vassiliko Cement Works Dividend Yield vs Market
How does VCW dividend yield compare to the market?
SegmentDividend Yield
Company (VCW)7.1%
Market Bottom 25% (CY)5.0%
Market Top 25% (CY)6.7%
Industry Average (Basic Materials)2.3%
Analyst forecast in 3 Years (VCW)n/a

Notable Dividend: VCW's dividend (7.14%) is higher than the bottom 25% of dividend payers in the CY market (5%).

High Dividend: VCW's dividend (7.14%) is in the top 25% of dividend payers in the CY market (6.74%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (64.6%), VCW's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (60.1%), VCW's dividend payments are covered by cash flows.


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