Asia Cement Dividend
Dividend criteria checks 5/6
Asia Cement is a dividend paying company with a current yield of 4.69% that is well covered by earnings. Next payment date is on 16th August, 2024 with an ex-dividend date of 18th July, 2024.
Key information
4.7%
Dividend yield
63%
Payout ratio
| Industry average yield | 3.8% |
| Next dividend pay date | 16 Aug 24 |
| Ex dividend date | 18 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | NT$3.14 |
| Dividend yield forecast in 3Y | 3.9% |
Recent dividend updates
Recent updates
Asia Cement's (TWSE:1102) Dividend Will Be Reduced To NT$2.10
Jun 27
Here's Why Asia Cement (TWSE:1102) Can Manage Its Debt Responsibly
Jun 14There's No Escaping Asia Cement Corporation's (TWSE:1102) Muted Earnings
May 22Asia Cement (TWSE:1102) Could Be At Risk Of Shrinking As A Company
Apr 09Why Asia Cement's (TWSE:1102) Shaky Earnings Are Just The Beginning Of Its Problems
Mar 22Asia Cement Corporation (TWSE:1102) Just Released Its Yearly Results And Analysts Are Updating Their Estimates
Mar 19Are Investors Undervaluing Asia Cement Corporation (TPE:1102) By 34%?
Apr 01Should Asia Cement Corporation (TPE:1102) Be Part Of Your Dividend Portfolio?
Mar 17Will The ROCE Trend At Asia Cement (TPE:1102) Continue?
Mar 02Shareholders Of Asia Cement (TPE:1102) Must Be Happy With Their 75% Return
Feb 15
Asia Cement (TPE:1102) Seems To Use Debt Quite Sensibly
Feb 02What Type Of Shareholders Make Up Asia Cement Corporation's (TPE:1102) Share Registry?
Jan 20Asia Cement Corporation's (TPE:1102) Stock Has Fared Decently: Is the Market Following Strong Financials?
Jan 07Are Asia Cement's (TPE:1102) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Dec 25How Does Asia Cement Corporation (TPE:1102) Fare As A Dividend Stock?
Dec 12What Do The Returns At Asia Cement (TPE:1102) Mean Going Forward?
Nov 29Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1102's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1102's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Asia Cement Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1102) | 4.7% |
| Market Bottom 25% (TW) | 1.6% |
| Market Top 25% (TW) | 4.2% |
| Industry Average (Basic Materials) | 3.8% |
| Analyst forecast in 3 Years (1102) | 3.9% |
Notable Dividend: 1102's dividend (4.69%) is higher than the bottom 25% of dividend payers in the TW market (1.64%).
High Dividend: 1102's dividend (4.69%) is in the top 25% of dividend payers in the TW market (4.19%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (62.5%), 1102's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (52.6%), 1102's dividend payments are covered by cash flows.