Anhui Conch Cement H Dividend yield

Anhui Conch Cement H is part of Construction and Materials business, which is part of Industrials industry. Anhui Conch Cement H is a company from China, and his stocks are publicly traded.

Anhui Conch Cement H stock dividend

Anhui Conch Cement H paid a total dividend of 2,067 million HKD last year, for a market value of 28,340 millions (Market Cap 25,790 millions). Anhui Conch Cement H dividend per share is 1.59 HKD, and his stock market price 21.80 HKD.

According to the chart below, where dividend yield is displayed, Anhui Conch Cement H has a dividend yield of 7.30%, which is higher than the amount offered by both the market average and companies from China. It is also bigger than average of Industrials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Anhui Conch Cement H stocks dividend with other Construction and Materials companies or other of the high China dividend stocks list.

Anhui Conch Cement H Dividend Payout

About the ability of Anhui Conch Cement H to maintain his current dividend of HKD 1.59 per share, an amount that accounts for 7.30%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Anhui Conch Cement H payout on ernings is currently 47.46%, which is higher than the market average, and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures show that Anhui Conch Cement H can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Anhui Conch Cement H is HKD 2.32 per share, which is higher than the dividend per share paid by the company of HKD 1.59, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Anhui Conch Cement H, compared againt world market average, China companies, Industrials industry and Construction and Materials sector companies.

Anhui Conch Cement H Dividend History

Below you will find a table with the historical evolution of Anhui Conch Cement H's dividend stock, both in percentage and in HKD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	HKD	Paypout	Shares*
Present	7.30%	1.59	47.46%	1,300
2022	9.79%	2.67	37.19%	1,300
2021	6.66%	2.59	31.94%	1,300
2020	4.88%	2.37	31.23%	1,300
2019	3.33%	1.89	29.95%	1,300
2018	3.60%	1.37	39.71%	1,300
2017	1.63%	0.60	30.30%	1,300
2016	2.16%	0.48	29.45%	1,300
2015	3.72%	0.79	30.98%	1,300

*In millions

Then you can see the evolution of Anhui Conch Cement H dividend stock, and compare it with the average of China stocks and that of the Construction and Materials stocks.

Anhui Conch Cement H Stock performance

Finally, last moth Anhui Conch Cement H showed a return of -7.00% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a -27.30% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for China and Construction and Materials firms.