Cementos Argos S.A. (Cementos Argos S.A.) Dividend Payout Ratio

: 0.43 (As of Sep. 2023)

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Cementos Argos S.A.'s dividend payout ratio for the months ended in Sep. 2023 was 0.43.

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.

The historical rank and industry rank for Cementos Argos S.A.'s Dividend Payout Ratio or its related term are showing as below:

CMTOY' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.36 Med: 1.22 Max: 17.3
Current: 0.86

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.

CMTOY's Dividend Payout Ratio is ranked worse than
79.8% of 198 companies
in the Building Materials industry
Industry Median: 0.37 vs CMTOY: 0.86

As of today (2024-04-23), the Dividend Yield % of Cementos Argos S.A. is 4.37%.

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

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

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.

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.

The growth rate is calculated with least square regression.

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

Cementos Argos S.A. Dividend Payout Ratio Historical Data

The historical data trend for Cementos Argos S.A.'s Dividend Payout Ratio 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.

Cementos Argos S.A. Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dividend Payout Ratio

2.59

21.60

1.40

0.78

2.45

Cementos Argos S.A. Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Dividend Payout Ratio																1.45	4.93	1.03	1.11	0.43

Competitive Comparison

For the Building Materials subindustry, Cementos Argos S.A.'s Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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. Dividend Payout Ratio Distribution

For the Building Materials industry and Basic Materials sector, Cementos Argos S.A.'s Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Cementos Argos S.A.'s Dividend Payout Ratio falls into.

Cementos Argos S.A. Dividend Payout Ratio Calculation

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 fiscal year that ended in Dec. 2022 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2022 )	/	EPS without NRI (A: Dec. 2022 )
	=	0.223	/	0.091
	=	2.45

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

Cementos Argos S.A. (OTCPK:CMTOY) Dividend Payout Ratio Explanation

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.

Cementos Argos S.A. Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Cementos Argos S.A.'s Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

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

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Cementos Argos S.A. (OTCPK:CMTOY) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

PFCEMARGOS.PFD:Columbia CEMARGOS:Columbia

Address

Carrera 53 No. 106 - 280, Centro Empresarial Buenavista, Piso 17, Barranquilla, COL

Website

https://www.argos.co

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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