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Ciments du Maroc (CAS:CMA) 3-Year Dividend Growth Rate : -11.00% (As of Dec. 2023)


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What is Ciments du Maroc 3-Year Dividend Growth Rate?

Ciments du Maroc's Dividends per Share for the six months ended in Dec. 2023 was MAD0.00.

The historical rank and industry rank for Ciments du Maroc's 3-Year Dividend Growth Rate or its related term are showing as below:

CAS:CMA' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -11   Med: 10.65   Max: 15.6
Current: -11

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ciments du Maroc was 15.60% per year. The lowest was -11.00% per year. And the median was 10.65% per year.

CAS:CMA's 3-Year Dividend Growth Rate is ranked worse than
78.57% of 168 companies
in the Building Materials industry
Industry Median: 11.9 vs CAS:CMA: -11.00

During the past 12 months, Ciments du Maroc's average Dividends Per Share Growth Rate was -36.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -11.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -2.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Ciments du Maroc's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.00. As of today, Ciments du Maroc's Dividend Yield % is 3.40%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Ciments du Maroc SA is 0.84, which seems too high.

Warning Sign:

Ciments du Maroc SA stock dividend yield is close to 10-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Ciments du Maroc's 3-Year Dividend Growth Rate

For the Building Materials subindustry, Ciments du Maroc's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ciments du Maroc's 3-Year Dividend Growth Rate Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Ciments du Maroc's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Ciments du Maroc's 3-Year Dividend Growth Rate falls into.



Ciments du Maroc 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Ciments du Maroc  (CAS:CMA) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Ciments du Maroc's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0/ 39.252
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Ciments du Maroc was 1.39. The lowest was 0.65. And the median was 1.03.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Ciments du Maroc SA is 0.84, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Ciments du Maroc Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
MAD 60.0000002023-07-062023-07-052023-07-17Cash DividendannuallyMAD:MAD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Ciments du Maroc's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=60/1763.00
=3.40 %

Current Share Price is MAD1763.00.
Ciments du Maroc's Dividends per Share for the trailing twelve months (TTM) ended in Today is MAD60.

During the past 13 years, the highest Dividend Yield of Ciments du Maroc was 8.11%. The lowest was 3.13%. And the median was 4.55%.

Warning Sign:

Ciments du Maroc SA stock dividend yield is close to 10-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ciments du Maroc 3-Year Dividend Growth Rate Related Terms>


Ciments du Maroc (CAS:CMA) Business Description

Traded in Other Exchanges
N/A
Address
621. Boulevard Panoramique, Casablanca, MAR, 20150
Ciments du Maroc SA is a cement producer in Morocco and acts as an operator in ready-mixed concrete and aggregates. The product line of the company includes cement, concrete ready-to-use, aggregates, and others. It also offers its customers a Technical Assistance service including maturometry, MBE (Equivalent Concrete Mortar) tests, cement slurry tests or quick identification of cement. The company operates MyCimar portal which allows customers to consult the movements of their activity with the company.

Ciments du Maroc (CAS:CMA) Headlines