Afyon Çimento Sanayi Türk Anonim Sirketi is a dividend paying company with a current yield of 2.71% that is well covered by earnings. Next payment date is on 5th June, 2024 with an ex-dividend date of 3rd June, 2024.
Key information
2.7%
Dividend yield
16%
Payout ratio
Industry average yield
2.1%
Next dividend pay date
05 Jun 24
Ex dividend date
03 Jun 24
Dividend per share
n/a
Earnings per share
₺2.48
Dividend yield forecast in 3Y
n/a
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether AFYON's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if AFYON's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Afyon Çimento Sanayi Türk Anonim Sirketi Dividend Yield vs Market
How does AFYON dividend yield compare to the market?
Segment
Dividend Yield
Company (AFYON)
2.7%
Market Bottom 25% (TR)
0.4%
Market Top 25% (TR)
2.1%
Industry Average (Basic Materials)
2.1%
Analyst forecast in 3 Years (AFYON)
n/a
Notable Dividend: AFYON's dividend (2.71%) is higher than the bottom 25% of dividend payers in the TR market (0.38%).
High Dividend: AFYON's dividend (2.71%) is in the top 25% of dividend payers in the TR market (2.11%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (16.1%), AFYON's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (132.6%), AFYON's dividend payments are not well covered by cash flows.