BUA Cement is a dividend paying company with a current yield of 1.4%. Next payment date is on 29th August, 2024 with an ex-dividend date of 12th August, 2024.
Key information
1.4%
Dividend yield
98%
Payout ratio
Industry average yield
3.6%
Next dividend pay date
29 Aug 24
Ex dividend date
12 Aug 24
Dividend per share
n/a
Earnings per share
₦2.05
Dividend yield forecast in 3Y
2.3%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BUACEMENT has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BUACEMENT's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
BUA Cement Dividend Yield vs Market
How does BUACEMENT dividend yield compare to the market?
Segment
Dividend Yield
Company (BUACEMENT)
1.4%
Market Bottom 25% (NG)
1.7%
Market Top 25% (NG)
6.3%
Industry Average (Basic Materials)
3.6%
Analyst forecast in 3 Years (BUACEMENT)
2.3%
Notable Dividend: BUACEMENT's dividend (1.4%) isn’t notable compared to the bottom 25% of dividend payers in the NG market (1.72%).
High Dividend: BUACEMENT's dividend (1.4%) is low compared to the top 25% of dividend payers in the NG market (6.25%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (97.5%), BUACEMENT's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (221.3%), BUACEMENT's dividend payments are not well covered by cash flows.