Caribbean Cement Dividends and Buybacks
Dividend criteria checks 3/6
Caribbean Cement is a dividend paying company with a current yield of 2.76% that is well covered by earnings.
Key information
2.8%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | JA$1.966 |
| Payout ratio | 27% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, CCC has been paying a dividend for less than 10 years.
Growing Dividend: CCC's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Caribbean Cement Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (CCC) | 2.8% |
| Market Bottom 25% (JM) | 1.9% |
| Market Top 25% (JM) | 3.3% |
| Industry Average (Basic Materials) | 2.6% |
| Analyst forecast (CCC) (up to 3 years) | n/a |
Notable Dividend: CCC's dividend (2.76%) is higher than the bottom 25% of dividend payers in the JM market (1.9%).
High Dividend: CCC's dividend (2.76%) is low compared to the top 25% of dividend payers in the JM market (3.28%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.4%), CCC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.9%), CCC's dividend payments are thoroughly covered by cash flows.