West China Cement Dividend
Dividend criteria checks 2/6
West China Cement is a dividend paying company with a current yield of 1.96% that is well covered by earnings. Next payment date is on 31st July, 2024 with an ex-dividend date of 29th May, 2024.
Key information
2.0%
Dividend yield
30%
Payout ratio
| Industry average yield | 4.7% |
| Next dividend pay date | 31 Jul 24 |
| Ex dividend date | 29 May 24 |
| Dividend per share | n/a |
| Earnings per share | HK$0.077 |
| Dividend yield forecast in 3Y | 14.7% |
Recent dividend updates
West China Cement (HKG:2233) Will Pay A Smaller Dividend Than Last Year
Apr 17
West China Cement's (HKG:2233) Dividend Is Being Reduced To CN¥0.023
Mar 21Recent updates
West China Cement (HKG:2233) Will Pay A Smaller Dividend Than Last Year
Apr 17West China Cement's (HKG:2233) Dividend Is Being Reduced To CN¥0.023
Mar 21Further Upside For West China Cement Limited (HKG:2233) Shares Could Introduce Price Risks After 82% Bounce
Mar 12Sentiment Still Eluding West China Cement Limited (HKG:2233)
Jan 19Does West China Cement (HKG:2233) Have A Healthy Balance Sheet?
May 30West China Cement (HKG:2233) Use Of Debt Could Be Considered Risky
Sep 29Is West China Cement (HKG:2233) A Risky Investment?
May 13We Think That There Are Some Issues For West China Cement (HKG:2233) Beyond Its Promising Earnings
Sep 30Here's Why West China Cement (HKG:2233) Has A Meaningful Debt Burden
Sep 03West China Cement (HKG:2233) Takes On Some Risk With Its Use Of Debt
Apr 11West China Cement Limited's (HKG:2233) Intrinsic Value Is Potentially 80% Above Its Share Price
Mar 15Here's Why I Think West China Cement (HKG:2233) Is An Interesting Stock
Feb 22Could The West China Cement Limited (HKG:2233) Ownership Structure Tell Us Something Useful?
Jan 21West China Cement (HKG:2233) Seems To Use Debt Quite Sensibly
Dec 17
Is There An Opportunity With West China Cement Limited's (HKG:2233) 35% Undervaluation?
Nov 26Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 2233's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2233's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| West China Cement Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2233) | 2.0% |
| Market Bottom 25% (HK) | 3.0% |
| Market Top 25% (HK) | 7.4% |
| Industry Average (Basic Materials) | 4.7% |
| Analyst forecast in 3 Years (2233) | 14.7% |
Notable Dividend: 2233's dividend (1.96%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (3.04%).
High Dividend: 2233's dividend (1.96%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.41%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.7%), 2233's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 2233 is paying a dividend but the company has no free cash flows.