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Bestway Cement Co (KAR:BWCL) Dividend Yield % : 11.11% (As of Apr. 30, 2024)


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What is Bestway Cement Co Dividend Yield %?

As of today (2024-04-30), the Trailing Annual Dividend Yield of Bestway Cement Co is 11.11%.

The historical rank and industry rank for Bestway Cement Co's Dividend Yield % or its related term are showing as below:

KAR:BWCL' s Dividend Yield % Range Over the Past 10 Years
Min: 1.67   Med: 7.5   Max: 13.49
Current: 11.11

During the past 13 years, the highest Dividend Yield of Bestway Cement Co was 13.49%. The lowest was 1.67%. And the median was 7.50%.

KAR:BWCL's Dividend Yield % is ranked better than
96.67% of 240 companies
in the Building Materials industry
Industry Median: 3.12 vs KAR:BWCL: 11.11

Bestway Cement Co's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.97.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Bestway Cement Co Ltd is 1.29, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Bestway Cement Co was 6000.00. The lowest was 0.50. And the median was 0.61.

As of today (2024-04-30), the Forward Dividend Yield % of Bestway Cement Co is 11.11%.

Bestway Cement Co's Dividends per Share for the three months ended in Dec. 2023 was ₨6.00.

During the past 12 months, Bestway Cement Co's average Dividends Per Share Growth Rate was 43.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 46.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 11.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Bestway Cement Co was 71.00% per year. The lowest was -19.50% per year. And the median was 6.30% per year.

The growth rate is calculated with least square regression.

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


Bestway Cement Co Dividend Yield % Historical Data

The historical data trend for Bestway Cement Co'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.

Bestway Cement Co Dividend Yield % Chart

Bestway Cement Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.67 5.52 6.19 12.60 13.10

Bestway Cement Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.40 13.27 13.10 12.43 12.23

Competitive Comparison of Bestway Cement Co's Dividend Yield %

For the Building Materials subindustry, Bestway Cement Co'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.


Bestway Cement Co's Dividend Yield % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Bestway Cement Co's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Bestway Cement Co's Dividend Yield % falls into.



Bestway Cement Co Dividend Yield % Calculation

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

Bestway Cement Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
PKR 6.0000002024-04-252024-04-260000-00-00Cash DividendquarterlyPKR:PKR 1.000000
PKR 6.0000002024-03-012024-03-042024-03-14Cash DividendquarterlyPKR:PKR 1.000000
PKR 6.0000002023-11-032023-11-062023-11-16Cash DividendquarterlyPKR:PKR 1.000000
PKR 6.0000002023-08-242023-08-252023-09-12Cash DividendquarterlyPKR:PKR 1.000000
PKR 5.0000002023-05-102023-05-112023-05-23Cash DividendquarterlyPKR:PKR 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.

Bestway Cement Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=29/216.00
=13.43 %

Current Share Price is ₨216.00.
Bestway Cement Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₨29.

Bestway Cement Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=24/216.00
=11.11 %

Current Share Price is ₨216.00.
Bestway Cement Co's Dividends per Share for the forward twelve months is calculated as ₨6 * 4 = ₨24.

* 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.


Bestway Cement Co  (KAR:BWCL) 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.


Bestway Cement Co Dividend Yield % Related Terms

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Bestway Cement Co (KAR:BWCL) Business Description

Traded in Other Exchanges
N/A
Address
19-A, College Road, Bestway Building, F-7 Markaz, Islamabad, PB, PAK, 44000
Bestway Cement Co Ltd is engaged in the production and sale of cement in the local and export market. Its products include Bestway, Pakcem, Stallion, Ecocem, Low Alkali Cement, and others. The company operates in Pakistan and also export to other countries. Geographically, the majority of the revenue is generated from Pakistan.

Bestway Cement Co (KAR:BWCL) Headlines

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