Universal Cement Dividend
Dividend criteria checks 6/6
Universal Cement is a dividend paying company with a current yield of 4.9% that is well covered by earnings. Next payment date is on 21st August, 2024 with an ex-dividend date of 16th July, 2024.
Key information
4.9%
Dividend yield
58%
Payout ratio
| Industry average yield | 3.8% |
| Next dividend pay date | 21 Aug 24 |
| Ex dividend date | 16 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | NT$3.09 |
| Dividend yield forecast in 3Y | 4.9% |
Recent dividend updates
Recent updates
Universal Cement (TWSE:1104) Has Announced That It Will Be Increasing Its Dividend To NT$1.80
Jun 28
Universal Cement's (TWSE:1104) Shareholders May Want To Dig Deeper Than Statutory Profit
Mar 22Universal Cement (TPE:1104) Seems To Use Debt Rather Sparingly
Apr 22Universal Cement (TPE:1104) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Apr 07Three Things You Should Check Before Buying Universal Cement Corporation (TPE:1104) For Its Dividend
Mar 24Calculating The Intrinsic Value Of Universal Cement Corporation (TPE:1104)
Mar 06We Like These Underlying Trends At Universal Cement (TPE:1104)
Feb 16
The Universal Cement (TPE:1104) Share Price Has Gained 11% And Shareholders Are Hoping For More
Jan 26These 4 Measures Indicate That Universal Cement (TPE:1104) Is Using Debt Safely
Jan 05How Does Universal Cement Corporation (TPE:1104) Fare As A Dividend Stock?
Dec 21Universal Cement Corporation's (TPE:1104) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?
Dec 01Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1104's dividends per share have been stable in the past 10 years.
Growing Dividend: 1104's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Universal Cement Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1104) | 4.9% |
| Market Bottom 25% (TW) | 1.7% |
| Market Top 25% (TW) | 4.2% |
| Industry Average (Basic Materials) | 3.8% |
| Analyst forecast in 3 Years (1104) | 4.9% |
Notable Dividend: 1104's dividend (4.9%) is higher than the bottom 25% of dividend payers in the TW market (1.7%).
High Dividend: 1104's dividend (4.9%) is in the top 25% of dividend payers in the TW market (4.23%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58.2%), 1104's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (81.4%), 1104's dividend payments are covered by cash flows.