Dangote Cement Dividends and Buybacks
Dividend criteria checks 3/6
Dangote Cement is a dividend paying company with a current yield of 6.27%.
Key information
6.3%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 6.3% |
| Future Dividend Yield | 9.2% |
| Dividend Growth | 4.1% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₦30.000 |
| Payout ratio | 111% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DANGCEM's dividends per share have been stable in the past 10 years.
Growing Dividend: DANGCEM's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Dangote Cement Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DANGCEM) | 6.3% |
| Market Bottom 25% (NG) | 1.6% |
| Market Top 25% (NG) | 6.3% |
| Industry Average (Basic Materials) | 4.2% |
| Analyst forecast (DANGCEM) (up to 3 years) | 9.2% |
Notable Dividend: DANGCEM's dividend (6.27%) is higher than the bottom 25% of dividend payers in the NG market (1.6%).
High Dividend: DANGCEM's dividend (6.27%) is low compared to the top 25% of dividend payers in the NG market (6.31%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (111.3%), DANGCEM's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (94.7%), DANGCEM's dividend payments are not well covered by cash flows.