Ciments du Maroc (CAS:CMA) Dividend Yield % : 3.28% (As of Nov. 13, 2024)

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What is Ciments du Maroc Dividend Yield %?

As of today (2024-11-13), the Trailing Annual Dividend Yield of Ciments du Maroc is 3.28%.

Warning Sign:

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

The historical rank and industry rank for Ciments du Maroc's Dividend Yield % or its related term are showing as below:

CAS:CMA' s Dividend Yield % Range Over the Past 10 Years
Min: 3.13 Med: 4.52 Max: 8.11
Current: 3.28

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 4.52%.

CAS:CMA's Dividend Yield % is ranked better than
51.81% of 249 companies
in the Building Materials industry
Industry Median: 3.13 vs CAS:CMA: 3.28

Ciments du Maroc's Dividend Payout Ratio for the six months ended in Jun. 2024 was 1.88.

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.

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.

As of today (2024-11-13), the Forward Dividend Yield % of Ciments du Maroc is 3.28%.

Ciments du Maroc's Dividends per Share for the six months ended in Jun. 2024 was MAD60.00.

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.

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.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Ciments du Maroc Dividend Yield % Historical Data

The historical data trend for Ciments du Maroc's Dividend Yield % can be seen below:

* 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.

* Premium members only.

Ciments du Maroc Dividend Yield % Chart

Ciments du Maroc Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Yield %

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5.12

5.06

4.74

7.42

3.57

Ciments du Maroc Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Dividend Yield %	Get a 7-Day Free Trial															5.29	7.42	6.21	3.57	3.30

Competitive Comparison of Ciments du Maroc's Dividend Yield %

For the Building Materials subindustry, Ciments du Maroc's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Dividend Yield % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Ciments du Maroc's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Ciments du Maroc's Dividend Yield % falls into.

Ciments du Maroc Dividend Yield % Calculation

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 60.000000	2024-07-02	2024-07-01	2024-07-15	Cash Dividend	annually	MAD: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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield	=	Most Recent Full Year Dividend	/	Current Share Price
	=	60	/	1830.00
	=	3.28 %

Current Share Price is MAD1830.00.
Ciments du Maroc's Dividends per Share for the trailing twelve months (TTM) ended in Today is MAD60.

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

Forward Annual Dividend Yield	=	Forward Full Year Dividend	/	Current Share Price
	=	60	/	1830.00
	=	3.28 %

Current Share Price is MAD1830.00.
Ciments du Maroc's Dividends per Share for the forward twelve months is calculated as MAD60 * 1 = MAD60.

Ciments du Maroc (CAS:CMA) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Ciments du Maroc Dividend Yield % Related Terms

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Ciments du Maroc Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Ciments du Maroc SA (CAS:CMA) » Definitions » Dividend Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

621. Boulevard Panoramique, Casablanca, MAR, 20150

Website

http://www.cimentsdumaroc.com

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.