Asia Cement Dividend yield




   TWD/share 
 Price  47.80
 Dividend  3.00
 Earnings  4.47
 Cash-flow  11.12
 Book value  43.45
 Equity  33.86

Asia Cement is part of Construction and Materials business, which is part of Industrials industry. Asia Cement is a company from Taiwan, and his stocks are publicly traded.

Asia Cement paid a total dividend of 10,083 million TWD last year, for a market value of 160,656 millions (Market Cap 110,803 millions). Dividend per share of Asia Cement is 3.00 TWD, and his stock market price 47.80 TWD.

According to the chart below, where dividend yield is displayed, Asia Cement has a dividend yield of 6.28%, which is higher than the amount offered by both the market average and companies from Taiwan. 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 Asia Cement dividend yield with other Construction and Materials companies or firms from Taiwan.

Dividend yield of Asia Cement

Asia Cement Dividend Payout

About the ability of Asia Cement to maintain his current dividend of TWD 3.00 per share, an amount that accounts for 6.28%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Asia Cement payout on ernings is currently 67.11%, which is higher than the market average, and companies of Industrials industry, which are 38.16% and 33.11% respectively. Both figures show that Asia Cement 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 Asia Cement is TWD 11.12 per share, which is higher than the dividend per share paid by the company of TWD 3.00, so the company generates enough cash to maintain his dividend in the future.

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

Asia Cement payout

Asia Cement Dividend History

Year Yield  TWD  Paypout  Shares* 
Present6.28%3.0067.11%3,361
20206.94%3.0053.48%3,361
20195.84%2.8083.58%3,361
20183.53%1.2070.59%3,361
20173.19%0.9075.00%3,361
20163.92%1.1074.32%3,360
20157.96%2.2078.01%3,360

*In millions

Asia Cement Stock performance

Finally, last moth Asia Cement showed a return of 12.10% compared to a worldwide 4.25% average, and a 5.41% of Industrials firms. Over the last year, the company obtained a 21.30% versus a worldwide performance of a 53.42%. More detailed information can be seen in the following graph for Taiwan and Construction and Materials firms.

Asia Cement stock and market return