China National Building Material is a dividend paying company with a current yield of 8.19% that is well covered by earnings. Next payment date is on 12th July, 2024 with an ex-dividend date of 3rd May, 2024.
Key information
8.2%
Dividend yield
50%
Payout ratio
Industry average yield
1.2%
Next dividend pay date
12 Jul 24
Ex dividend date
03 May 24
Dividend per share
n/a
Earnings per share
US$0.46
Dividend yield forecast in 3Y
12.3%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CBUM.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: CBUM.Y's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
China National Building Material Dividend Yield vs Market
How does CBUM.Y dividend yield compare to the market?
Segment
Dividend Yield
Company (CBUM.Y)
8.2%
Market Bottom 25% (US)
1.5%
Market Top 25% (US)
4.8%
Industry Average (Basic Materials)
1.2%
Analyst forecast in 3 Years (CBUM.Y)
12.3%
Notable Dividend: CBUM.Y's dividend (8.19%) is higher than the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: CBUM.Y's dividend (8.19%) is in the top 25% of dividend payers in the US market (4.78%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50%), CBUM.Y's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (23.5%), CBUM.Y's dividend payments are well covered by cash flows.