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 32.83%
Loma Negra Compañía Industrial Argentina Sociedad Anónima Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-06-30 | $0.46 | quarterly | 2023-07-12 |
2023-05-12 | $0.40 | quarterly | 2023-05-18 |
2023-01-05 | $0.16 | quarterly | 2023-01-17 |
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
Loma Negra Compañía Industrial Argentina Sociedad Anónima Dividend FAQ
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.
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