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Loma Negra Compañía Industrial Argentina Sociedad Anónima, together with its subsidiaries, manufactures and sells cement and its derivatives in Argentina. The company operates through Cement, Masonry Cement and Lime; Concrete; Rail Services; Aggregates; and Others segments. It offers masonry cement, aggregates, ready-mix concrete, concrete, and lime to wholesale distributors, concrete producers, industrial customers, and others for use in the construction. The company also provides rail transportation services; and treats and recycles industrial waste for use as fuel. It markets its products under the Loma Negra, San Martín, Plasticor, Cacique Plus, Cacique Max, Loma Negra Plus, and Lomax brands. The company was founded in 1926 and is based in Buenos Aires, Argentina. Loma Negra Compañía Industrial Argentina Sociedad Anónima is a subsidiary of InterCement Trading e Inversiones S.A.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Dividend Announcement

Loma Negra Compañía Industrial Argentina Sociedad Anónima announced a quarterly dividend of $0.46 per ordinary share which will be made payable on 2023-07-12. Ex dividend date: 2023-06-30
Loma Negra Compañía Industrial Argentina Sociedad Anónima's trailing twelve-month (TTM) dividend yield is -%
Loma Negra Compañía Industrial Argentina Sociedad Anónima's payout ratio for the trailing twelve months (TTM) is 118.26%

Loma Negra Compañía Industrial Argentina Sociedad Anónima Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-06-30$0.46quarterly2023-07-12
2023-05-12$0.40quarterly2023-05-18
2023-01-05$0.16quarterly2023-01-17

Loma Negra Compañía Industrial Argentina Sociedad Anónima Dividend per year

Loma Negra Compañía Industrial Argentina Sociedad Anónima Dividend Yield

Loma Negra Compañía Industrial Argentina Sociedad Anónima current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Loma Negra Compañía Industrial Argentina Sociedad Anónima stock? Use our calculator to estimate your expected dividend yield:

Loma Negra Compañía Industrial Argentina Sociedad Anónima Financial Ratios

P/E ratio10.70
PEG ratio0.00
P/B ratio0.98
ROE18.07%
Payout ratio118.26%
Current ratio1.22
Quick ratio0.33
Cash Ratio0.01

Loma Negra Compañía Industrial Argentina Sociedad Anónima Dividend FAQ

Does Loma Negra Compañía Industrial Argentina Sociedad Anónima stock pay dividends?
Loma Negra Compañía Industrial Argentina Sociedad Anónima does not currently pay dividends to its shareholders.
Has Loma Negra Compañía Industrial Argentina Sociedad Anónima ever paid a dividend?
No, Loma Negra Compañía Industrial Argentina Sociedad Anónima has no a history of paying dividends to its shareholders. Loma Negra Compañía Industrial Argentina Sociedad Anónima is not known for its dividend payments.
Why doesn't Loma Negra Compañía Industrial Argentina Sociedad Anónima pay dividends?
There are several potential reasons why Loma Negra Compañía Industrial Argentina Sociedad Anónima would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Loma Negra Compañía Industrial Argentina Sociedad Anónima ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Loma Negra Compañía Industrial Argentina Sociedad Anónima has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Loma Negra Compañía Industrial Argentina Sociedad Anónima a dividend aristocrat?
Loma Negra Compañía Industrial Argentina Sociedad Anónima is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Loma Negra Compañía Industrial Argentina Sociedad Anónima a dividend king?
Loma Negra Compañía Industrial Argentina Sociedad Anónima is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Loma Negra Compañía Industrial Argentina Sociedad Anónima a dividend stock?
No, Loma Negra Compañía Industrial Argentina Sociedad Anónima is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Loma Negra Compañía Industrial Argentina Sociedad Anónima stocks?
To buy Loma Negra Compañía Industrial Argentina Sociedad Anónima you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Loma Negra Compañía Industrial Argentina Sociedad Anónima stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.