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Cementos Argos S.A. (Cementos Argos S.A.) 3-Year Dividend Growth Rate : -4.50% (As of Sep. 2023)


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What is Cementos Argos S.A. 3-Year Dividend Growth Rate?

Cementos Argos S.A.'s Dividends per Share for the three months ended in Sep. 2023 was $0.09.

The historical rank and industry rank for Cementos Argos S.A.'s 3-Year Dividend Growth Rate or its related term are showing as below:

CMTOY' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -13.5   Med: 6.75   Max: 9.5
Current: -4.5

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Cementos Argos S.A. was 9.50% per year. The lowest was -13.50% per year. And the median was 6.75% per year.

CMTOY's 3-Year Dividend Growth Rate is ranked worse than
70.93% of 172 companies
in the Building Materials industry
Industry Median: 13.1 vs CMTOY: -4.50

During the past 12 months, Cementos Argos S.A.'s average Dividends Per Share Growth Rate was 120.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -4.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -5.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 2.40% 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.

Cementos Argos S.A.'s Dividend Payout Ratio for the three months ended in Sep. 2023 was 0.43. As of today, Cementos Argos S.A.'s Dividend Yield % is 4.37%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Cementos Argos S.A. is 0.90, which seems too high.

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


Competitive Comparison of Cementos Argos S.A.'s 3-Year Dividend Growth Rate

For the Building Materials subindustry, Cementos Argos S.A.'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.


Cementos Argos S.A.'s 3-Year Dividend Growth Rate Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Cementos Argos S.A.'s 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Cementos Argos S.A.'s 3-Year Dividend Growth Rate falls into.



Cementos Argos S.A. 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.


Cementos Argos S.A.  (OTCPK:CMTOY) 3-Year Dividend Growth Rate Explanation

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

Cementos Argos S.A.'s Dividend Payout Ratio for the quarter that ended in Sep. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2023 )/ EPS without NRI (Q: Sep. 2023 )
=0.094/ 0.22
=0.43

During the past 13 years, the highest Dividend Payout Ratio of Cementos Argos S.A. was 17.30. The lowest was 0.36. And the median was 1.22.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Cementos Argos S.A. is 0.90, which seems too high.

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

Cementos Argos S.A. Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1532024-04-092024-04-102024-04-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.0952023-12-012023-12-042023-12-14Cash DividendquarterlyUSD:USD 1.000000
USD 0.0902023-10-202023-10-232023-10-27Cash DividendquarterlyUSD:USD 1.000000
USD 0.0962023-07-142023-07-172023-07-27Cash DividendquarterlyUSD:USD 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.

Cementos Argos S.A.'s Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.434/9.92
=4.38 %

Current Share Price is $9.92.
Cementos Argos S.A.'s Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.434.

During the past 13 years, the highest Dividend Yield of Cementos Argos S.A. was 9.86%. The lowest was 0.47%. And the median was 2.27%.

* 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.


Cementos Argos S.A. 3-Year Dividend Growth Rate Related Terms>


Cementos Argos S.A. (Cementos Argos S.A.) Business Description

Traded in Other Exchanges
Address
Carrera 53 No. 106 - 280, Centro Empresarial Buenavista, Piso 17, Barranquilla, COL
Cementos Argos S.A. is a cement producing company. In terms of the concrete business it is Colombia's leading producer and the second-largest producer in the United States. The company's corporate purpose is the exploitation of the cement industry, the production of concrete mixes and any other materials or items made of cement, lime or clay, the acquisition and exploitation of minerals or deposits of exploitable minerals in the cement industry and similar rights to explore and mine the aforementioned minerals, whether by concession, privilege, lease or other title.

Cementos Argos S.A. (Cementos Argos S.A.) Headlines

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