The below table shows Cement Stocks With High Dividend Yields based on the Highest Market Capitalization.
Name | Market Cap (Cr) | Close Price (rs) |
UltraTech Cement Ltd | 344188.23 | 11,942.50 |
Grasim Industries Ltd | 180084.52 | 2,685.15 |
Ambuja Cements Ltd | 142109.91 | 576.95 |
Shree Cement Ltd | 101355.33 | 28,091.25 |
ACC Ltd | 42,197.68 | 2,247.10 |
J K Cement Ltd | 36,764.62 | 4,758.05 |
Dalmia Bharat Ltd | 36,499.24 | 1,945.95 |
Ramco Cements Limited | 24,755.17 | 1,047.65 |
RHI Magnesita India Ltd | 11,422.63 | 553.15 |
JK Lakshmi Cement Ltd | 10,151.40 | 862.7 |
Table of Contents
What are Cement Stocks?
Cement stocks refer to shares of companies involved in the production and sale of cement, a critical material in the construction industry. These stocks are part of a sector that is essential for infrastructure development and is influenced by construction activity levels and economic conditions.
Investing in cement stocks offers exposure to the construction and infrastructure sectors, which are closely tied to economic growth. When the economy is expanding, construction projects increase, potentially boosting the demand for cement and the profitability of these companies.
However, cement stocks can be volatile, and affected by factors like government policies, environmental regulations, and economic cycles. Investors need to consider these elements, as they can significantly impact the performance of cement companies and their stock prices.
Best Cement Stocks With High Dividend Yield
The table below shows the Best Cement Stocks With High Dividend Yields based on 1 Year Return.
Name | Close Price (rs) | 1Y Return (%) |
KCP Ltd | 255.38 | 68.01 |
Mangalam Cement Ltd | 947.45 | 54.41 |
Orient Cement Ltd | 340.8 | 35 |
Ramco Industries Ltd | 299.65 | 33.39 |
Grasim Industries Ltd | 2,685.15 | 27.78 |
J K Cement Ltd | 4,758.05 | 21.14 |
UltraTech Cement Ltd | 11,942.50 | 19.78 |
Visaka Industries Ltd | 98.38 | 12.63 |
Saurashtra Cement Ltd | 114.23 | 9.96 |
Deccan Cements Ltd | 646.4 | 8.87 |
Top Cement Stocks With High Dividend Yield
The table below shows Top Cement Stocks With High Dividend Yields based on 1 Month Return.
Name | Close Price (rs) | 1M Return (%) |
JK Lakshmi Cement Ltd | 862.7 | 23.9 |
J K Cement Ltd | 4,758.05 | 19.62 |
Birla Corporation Ltd | 1,272.25 | 17 |
Ramco Cements Limited | 1,047.65 | 15.65 |
Shree Cement Ltd | 28,091.25 | 14.83 |
UltraTech Cement Ltd | 11,942.50 | 12.74 |
Mangalam Cement Ltd | 947.45 | 12.66 |
Dalmia Bharat Ltd | 1,945.95 | 12.63 |
NCL Industries Ltd | 225.39 | 12.58 |
Deccan Cements Ltd | 646.4 | 12.14 |
List Of Cement Stocks With High Dividend Yield
The table below shows the Top Cement Stocks With High Dividend Yields based on the highest day Volume.
Name | Close Price (rs) | Daily Volume (Shares) |
Ambuja Cements Ltd | 576.95 | 1,119,441 |
Ramco Cements Limited | 1,047.65 | 993,183 |
KCP Ltd | 255.38 | 376,022 |
NCL Industries Ltd | 225.39 | 333,338 |
Grasim Industries Ltd | 2,685.15 | 328,767 |
Visaka Industries Ltd | 98.38 | 264,917 |
ACC Ltd | 2,247.10 | 239,804 |
Orient Cement Ltd | 340.8 | 215,797 |
UltraTech Cement Ltd | 11,942.50 | 214,946 |
Mangalam Cement Ltd | 947.45 | 207,210 |
High Dividend Cement Stocks
The table below shows High Dividend Cement Stocks based on the PE Ratio.
Name | Close Price (rs) | PE Ratio (%) |
KCP Ltd | 255.38 | 9.5 |
NCL Industries Ltd | 225.39 | 14.31 |
HIL Ltd | 2,595.00 | 16.74 |
Shree Digvijay Cement Co Ltd | 88.55 | 17.02 |
ACC Ltd | 2,247.10 | 22.97 |
JK Lakshmi Cement Ltd | 862.7 | 28.33 |
Ramco Industries Ltd | 299.65 | 31.78 |
Ambuja Cements Ltd | 576.95 | 37.32 |
Heidelbergcement India Ltd | 221.39 | 37.92 |
Dalmia Bharat Ltd | 1,945.95 | 41.16 |
Who Should Invest In Cement Stocks With High Dividend Yield?
Investors looking for a steady income with a moderate risk appetite might consider cement stocks with high dividend yields. These stocks are attractive for those interested in stable cash flows and have a long-term investment horizon, particularly suitable for income-focused portfolios.
Individuals interested in sectors linked to economic growth, such as construction and infrastructure, will find cement stocks appealing. These stocks often offer dividends that are higher than average, making them a good fit for investors seeking regular income alongside capital appreciation.
Moreover, retirees or conservative investors who prefer lower volatility and consistent returns could benefit from these stocks. High-dividend-yielding cement stocks provide a buffer against market fluctuations, helping to preserve capital while generating income.
How To Invest In The Cement Stocks With High Dividend Yield?
To invest in cement stocks with high dividend yields using Alice Blue, start by setting up an account and depositing funds. Research cement companies with strong dividend histories and financials. Use Alice Blue’s trading platform to buy shares of these selected companies.
Once your Alice Blue account is active, utilize its tools to analyze the dividend yield of various cement stocks. Look for companies that consistently pay high dividends relative to their share price, indicating a reliable income stream from your investments.
After identifying the right stocks, you can proceed to invest through Alice Blue. Keep an eye on market trends and the economic factors influencing the cement industry to manage your investments effectively and ensure sustained dividend returns.
Performance Metrics Of Cement Stocks With High Dividend Yield
Performance metrics of cement stocks with high dividend yield include dividend yield percentage, payout ratio, and earnings growth. These metrics help assess the profitability and stability of dividend payments in relation to the company’s overall financial health and market conditions.
Dividend yield percentage is a key metric, indicating how much a company pays out in dividends each year relative to its stock price. A higher dividend yield can be attractive to investors looking for regular income from their stock investments.
The payout ratio and earnings growth are also crucial. The payout ratio shows what portion of earnings a company returns to shareholders as dividends. Sustainable earnings growth ensures that dividends are not only maintained but potentially increased in the future.
Benefits Of Investing In Cement Stocks With High Dividend Yield
The main benefits of investing in cement stocks with high dividend yield include steady income through regular dividend payments, potential for capital appreciation, and reduced investment risk due to the stable nature of the cement industry, making them attractive for long-term investment portfolios.
- Steady Income Stream: Investing in high dividend yield cement stocks offers a reliable source of income. These dividends provide regular cash flow, which can be particularly beneficial during economic downturns or for retirees seeking consistent income without needing to sell their shares.
- Potential for Capital Appreciation: Besides the dividends, cement stocks often have the potential for price appreciation. As the industry grows and evolves, especially with increasing urbanization and infrastructure projects, these stocks can increase in value, offering a dual benefit of income and growth.
- Reduced Investment Risk: The cement sector is known for its stability as it is essential for construction and infrastructure, sectors that usually maintain steady demand. This intrinsic stability can make cement stocks a safer investment, especially in volatile markets, reducing overall portfolio risk.
Challenges Of Investing In Cement Stocks With High Dividend Yield
The main challenges of investing in cement stocks with high dividend yield include market volatility affecting stock prices, regulatory changes in the construction sector, and environmental concerns that can lead to increased operational costs and impact profitability.
- Market Volatility Sensitivity: Cement stocks, despite their high dividend yields, are not immune to the broader market’s ups and downs. Economic downturns or sector-specific issues can negatively impact stock prices, affecting both capital values and the sustainability of dividends.
- Regulatory Risks: The cement industry is heavily regulated, with frequent changes in environmental and safety regulations. Compliance with these new regulations can be costly, potentially reducing profit margins and impacting the sustainability of dividend payments.
- Environmental Impact Concerns: Cement production is energy-intensive and environmentally significant, leading to potential regulatory penalties and reputational risks. Increased focus on sustainability can necessitate significant investment in cleaner technologies, which could strain financial resources and affect dividend outputs.
Introduction to Cement Stocks With High Dividend Yield
UltraTech Cement Ltd
The Market Cap of UltraTech Cement Ltd is ₹344,188.23 crore. Its monthly return is 12.74% and its annual return is 19.78%. The stock is currently 1.7% below its 52-week high.
UltraTech Cement, established in 1983, is India’s largest cement manufacturer. It produces grey cement, white cement, and ready-mix concrete. The company operates in Asia, Africa, and the Middle East with a focus on sustainable and innovative practices.
UltraTech Cement has consistently supported India’s infrastructure growth. Its eco-friendly initiatives include waste heat recovery systems and renewable energy adoption. The company’s dedication to sustainability makes it a pioneer in green construction and environmental responsibility.
Grasim Industries Ltd
The Market Cap of Grasim Industries Ltd is ₹180,084.52 crore. Its monthly return is 8.34% and its annual return is 27.78%. The stock is currently 7.17% below its 52-week high.
Grasim Industries, a flagship of the Aditya Birla Group, was founded in 1947. Initially a textiles business, it expanded into cement, chemicals, and viscose staple fiber production. It is a significant contributor to India’s industrial landscape.
The company is a major shareholder in UltraTech Cement and is venturing into paints. Grasim’s diversification and innovative strategies ensure its continued relevance and leadership across multiple sectors in India’s economy.
Ambuja Cements Ltd
The Market Cap of Ambuja Cements Ltd is ₹142,109.91 crore. Its monthly return is 5.65% and its annual return is 8.77%. The stock is currently 22.53% below its 52-week high.
Ambuja Cements, founded in 1983, is among India’s leading cement producers. It is part of the global Holcim Group and is renowned for its eco-friendly cement manufacturing processes and sustainable construction solutions.
The company has a robust distribution network, ensuring market reach across India. Ambuja focuses on reducing carbon emissions and innovating in the cement industry, contributing to sustainable infrastructure development nationwide.
Shree Cement Ltd
The Market Cap of Shree Cement Ltd is ₹101,355.33 crore. Its monthly return is 14.83% and its annual return is -1.63%. The stock is currently 9.42% below its 52-week high.
Shree Cement, established in 1979, is a prominent cement manufacturer known for energy-efficient production. It caters to diverse infrastructure needs, focusing on high-quality cement and supporting India’s growing construction sector.
The company leads in adopting green energy and sustainability measures. Its innovative production methods, combined with a commitment to environmental stewardship, make Shree Cement a key player in the cement industry.
ACC Ltd
The Market Cap of ACC Ltd is ₹42,197.68 crore. Its monthly return is 2.18% and its annual return is 0.44%. The stock is currently 26.56% below its 52-week high.
ACC Ltd, established in 1936, is one of India’s oldest and most trusted cement companies. Now part of the Holcim Group, it has a rich history of contributing to infrastructure and urban development.
Known for innovation, ACC emphasizes sustainable practices and efficient manufacturing. Its strong distribution network and customer trust have cemented its place as a leading player in the Indian cement industry.
J K Cement Ltd
The Market Cap of J K Cement Ltd is ₹36,764.62 crore. Its monthly return is 19.62% and its annual return is 21.14%. The stock is currently 2.89% below its 52-week high.
J K Cement, founded in 1975, is a leader in grey and white cement production. Its products cater to diverse construction needs, including residential, commercial, and industrial infrastructure projects across India and abroad.
The company is known for adopting advanced technologies and sustainable practices. J K Cement’s dedication to innovation and quality ensures its growth and leadership in the highly competitive cement industry.
Dalmia Bharat Ltd
The Market Cap of Dalmia Bharat Ltd is ₹36,499.24 crore. Its monthly return is 12.63% and its annual return is -17.27%. The stock is currently 24.8% below its 52-week high.
Dalmia Bharat, established in 1939, is a significant cement manufacturer in India. It offers a range of specialty and blended cements, supporting large infrastructure projects and residential construction.
The company is committed to achieving carbon neutrality by 2040. Its focus on sustainability, combined with innovation in cement production, positions Dalmia Bharat as a responsible industry leader.
Ramco Cements Limited
The Market Cap of Ramco Cements Limited is ₹24,755.17 crore. Its monthly return is 15.65% and its annual return is 3.46%. The stock is currently 1.18% below its 52-week high.
Ramco Cements, established in 1961, is a key cement producer in South India. It manufactures high-quality cement products for housing, industrial, and infrastructure needs, maintaining a strong regional market presence.
The company focuses on energy efficiency and environmental sustainability. Its state-of-the-art production facilities and dedication to innovation make it a trusted name in India’s cement industry.
RHI Magnesita India Ltd
The Market Cap of RHI Magnesita India Ltd is ₹11,422.63 crore. Its monthly return is 5.95% and its annual return is -27.46%. The stock is currently 48.97% below its 52-week high.
RHI Magnesita India specializes in refractories and heat-resistant materials, serving industries like steel, cement, and glass. It is a part of the global RHI Magnesita group, known for innovation and quality.
The company emphasizes research and development to meet industry-specific needs. Its expertise in high-temperature solutions ensures its leadership in the refractory sector, both in India and globally.
JK Lakshmi Cement Ltd
The Market Cap of JK Lakshmi Cement Ltd is ₹10,151.40 crore. Its monthly return is 23.9% and its annual return is -1.18%. The stock is currently 15.9% below its 52-week high.
JK Lakshmi Cement, established in 1982, produces high-quality cement for various construction purposes. Its wide product portfolio supports residential, commercial, and industrial projects across India.
The company focuses on innovative, eco-friendly production methods to reduce environmental impact. With a strong distribution network, JK Lakshmi Cement ensures accessibility and reliability for customers nationwide.
Cement Stocks With High Dividend – FAQs
Best Cement Stocks With High Dividend Yield #1: UltraTech Cement Ltd
Best Cement Stocks With High Dividend Yield #2: Grasim Industries Ltd
Best Cement Stocks With High Dividend Yield #3: Ambuja Cements Ltd
Best Cement Stocks With High Dividend Yield #4: Shree Cement Ltd
Best Cement Stocks With High Dividend Yield #5: ACC Ltd
The Top Best Cement Stocks With High Dividend Yield based on market capitalization.
Some of the top cement stocks with high dividend yields include KCP Ltd, Mangalam Cement Ltd, Orient Cement Ltd, Ramco Industries Ltd, and Grasim Industries Ltd. These companies are known for providing favorable dividend yields, making them appealing options for investors interested in the cement sector.
Yes, you can invest in cement stocks with high dividend yields. This can be a prudent choice if you’re seeking steady income through dividends and potential capital appreciation. However, it’s essential to consider the sector’s volatility and regulatory challenges. Researching and choosing stocks wisely is key to success.
Investing in cement stocks with high dividend yields can be beneficial for generating steady income and achieving potential capital appreciation. However, it’s crucial to weigh the risks of market volatility and regulatory changes in the construction sector. Such investments are generally suitable for those with a long-term investment horizon.
To invest in cement stocks with high dividend yield, open a brokerage account, like Alice Blue, and fund it. Research cement companies are known for strong dividend histories and robust financials. Buy shares through your broker, focusing on those offering a balance of yield and financial stability.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.