Anhui Conch Cement H Dividend yield




   HKD/share 
 Price  42.00
 Dividend  2.55
 Earnings  8.08
 Cash-flow  8.40
 Book value  38.18
 Equity  34.09

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 paid a total dividend of 3,315 million HKD last year, for a market value of 54,600 millions (Market Cap 49,687 millions). Dividend per share of Anhui Conch Cement H is 2.55 HKD, and his stock market price 42.00 HKD.

According to the chart below, where dividend yield is displayed, Anhui Conch Cement H has a dividend yield of 6.08%, 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 dividend yield with other Construction and Materials companies or firms from China.

Dividend yield of Anhui Conch Cement H

Anhui Conch Cement H Dividend Payout

About the ability of Anhui Conch Cement H to maintain his current dividend of HKD 2.55 per share, an amount that accounts for 6.08%, 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 31.56%, which is lower than the market average and companies of Industrials industry, which are 39.27% and 37.39% respectively. Both figures lead us to believe that there is confidence that Anhui Conch Cement Hcan maintain his current dividend.

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 8.40 per share, which is higher than the dividend per share paid by the company of HKD 2.55, 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 payout

Anhui Conch Cement H Dividend History

Year Yield  HKD  Paypout  Shares* 
Present6.08%2.5531.56%1,300
20204.88%2.3731.23%1,300
20193.33%1.8929.95%1,300
20183.60%1.3739.71%1,300
20171.63%0.6030.30%1,300
20162.16%0.4829.45%1,300
20153.72%0.7930.98%1,300

*In millions

Anhui Conch Cement H Stock performance

Finally, last moth Anhui Conch Cement H showed a return of -0.20% compared to a worldwide -1.33% average, and a -2.02% of Industrials firms. Over the last year, the company obtained a -21.20% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for China and Construction and Materials firms.

Anhui Conch Cement H stock and market return