High Dividend Yield Cement Stocks under Rs 500

The table below shows the high dividend yield cement stocks under Rs 500 based on the Highest Market Capitalization.

What Are The High Dividend Yield Cement Stocks under Rs 500?

High dividend yield cement stocks under Rs 500 refer to companies in the cement industry whose share prices are below Rs 500 and provide relatively high dividend payouts compared to their stock price. These stocks are appealing to investors who seek regular income through dividends while investing in the essential infrastructure sector. 

Features Of High Dividend Yield Cement Stocks under Rs 500

The main feature of high dividend yield cement stocks under Rs 500 is their capacity to provide regular income through dividends while being priced attractively for budget-conscious investors. 

1. Affordability: Stocks priced under Rs 500 offer an accessible entry point for investors with limited capital.
2. Stable Demand: The cement industry enjoys consistent demand due to infrastructure projects, supporting regular dividend payments.
3. Strong Cash Flows: Cement companies often have robust cash flows, allowing them to maintain high dividend yields.
4. Income Stability: High dividend yields provide a reliable income stream, appealing to conservative investors.
5. Sector Resilience: The cement industry is generally resilient to economic fluctuations, adding a layer of stability to these stocks.

Best High Dividend Yield Cement Stocks under Rs 500

The table below shows the best high dividend yield cement stocks under Rs 500 based on the highest day Volume.

Top High Dividend Yield Cement Stocks under Rs 500 in India

The table below shows the top high dividend yield cement stocks under Rs 500 in India based on 1-Year Return. 

Factors To Consider When Investing In High Dividend Yield Cement Stocks under Rs 500

The factors to consider when investing in high dividend yield cement stocks under ₹500 include evaluating the company’s market position and operational efficiency. 

1. Dividend History: Examine the company’s track record of dividend payments, focusing on consistency and growth over the years.
2. Debt Levels: High debt can strain a company’s finances, making it harder to maintain dividend payments, so consider companies with manageable debt.
3. Profit Margins: Look for companies with strong profit margins, as this indicates the ability to generate consistent earnings to support dividends.
4. Industry Position: Consider the company’s market share and competitive position in the cement industry, as leaders are more likely to maintain stable dividends.
5. Valuation: Ensure the stock is fairly valued, as a low price can sometimes signal underlying issues; compare with industry peers using metrics like P/E and P/B ratios.

How To Invest In High Dividend Yield Cement Stocks under Rs 500?

To invest in high dividend yield cement stocks under Rs 500, start by researching companies within the cement sector that offer consistent dividends. Open a demat and trading account with a trusted broker like Alice Blue and utilize their research tools to identify potential stocks. 

Advantages Of Investing In High Dividend Yield Cement Stocks under Rs 500

The primary advantage of investing in high dividend yield cement stocks under Rs 500 is the potential for stable income at an affordable price point, making it accessible to a broader range of investors.

1. Affordable Entry: Stocks under Rs 500 allow for investment in high dividend yields without a large capital outlay.
2. Regular Income: These stocks provide consistent dividend income, which can supplement other earnings or be reinvested.
3. Industry Growth: Cement demand in infrastructure development supports revenue stability, benefiting long-term dividend payments.
4. Capital Appreciation: The potential for stock price appreciation, alongside dividends, can enhance overall returns.
5. Portfolio Diversification: Investing in cement stocks under Rs 500 offers diversification, reducing risk across your portfolio.

Risks Of Investing In High Dividend Yield Cement Stocks under Rs 500

The main risk of investing in high dividend yield cement stocks under Rs 500 is the cyclical nature of the cement industry, which can lead to fluctuating revenues and potential dividend cuts.

1. Cyclical Industry: Cement demand is tied to economic cycles, leading to revenue volatility and potential dividend reductions during downturns.
2. Price Volatility: Stocks under Rs 500 may be more volatile, resulting in larger price swings that can impact total returns.
3. Limited Growth: Companies offering high dividends may prioritize payouts overgrowth, limiting potential capital appreciation.
4. Competitive Pressure: Intense competition in the cement industry can squeeze margins, affecting profitability and dividend sustainability.
5. Regulatory Risks: Changes in government policies or regulations related to construction and infrastructure can impact the cement industry’s profitability.

Introduction to High Dividend Yield Cement Stocks under Rs 500

Orient Cement Ltd

The market capitalization of Orient Cement Ltd is Rs. 7,284.11 crores. The stock’s monthly return is 15.57%. Its one-year return is 96.54%. The stock is 5.68% away from its 52-week high.

Orient Cement Limited, an India-based cement company, is primarily involved in manufacturing and selling cement. 

The company operates manufacturing plants located in Devapur, Telangana, Chittapur, Karnataka, and Jalgaon, Maharashtra. Their product range includes Pozzolana Portland Cement (PPC) and Ordinary Portland Cement (OPC) branded as Birla.A1-Birla.A1 Premium Cement and Birla.A1 StrongCrete.  

Heidelbergcement India Ltd

The Market Cap of Heidelbergcement India Ltd is Rs. 153.41 crores. The stock’s monthly return is -1.55%. Its one-year return is 16.88%. The stock is 12.56% away from its 52-week high.

HeidelbergCement India Limited, an India-based company, is involved in the comprehensive manufacturing of construction materials. The company markets its products under three brand names: mycem, Mycem Power, and Mycem Primo. 

One of its key products is Mycem Portland Pozzolana Cement, a type of Blended Cement created by mixing Portland clinker with gypsum and reactive pozzolanic materials in controlled ratios. Mycem Power is a premium Blended Cement packaged in a way that safeguards it from moisture, while Mycem Advance is another Blended Cement with waterproof packaging.  

Shree Digvijay Cement Co Ltd

The Market Cap of Shree Digvijay Cement Co Ltd is Rs. 1518.44 crore. The stock’s monthly return is -8.77%. Its one-year return is 6.45%. The stock is 25.56% away from its 52-week high.

Shree Digvijay Cement Company Limited, based in India, is involved in the production and sale of cement. The company operates in two main segments: Cement business and Logistic business. 

Its primary product line consists of blended cement such as Portland Pozzolana Cement (PPC), Ordinary Portland Cement (OPC), Sulphate Resistance Portland Cement (SRPC), Oil Well Cement (OWC), and Cement Ka Sardar, which are marketed under the KAMAL brand.  

Saurashtra Cement Ltd

The Market Cap of Saurashtra Cement Ltd is Rs. 1383.84 crores. The stock’s monthly return is -1.46%. Its one-year return is 84.16%. The stock is 14.75% away from its 52-week high.

Saurashtra Cement Limited, an Indian company, is involved in the manufacturing and sale of cement products, including Portland Pozzolana Cement (PPC), Ordinary Portland Cement (OPC) 53 grade, Portland Slag Cement (PSC), and clinker. 

The company offers its products in 50-kilogram bags made of high-density polyethylene (HDPE), polypropylene (PP), or paper, as well as in bowsers or jumbo bags based on customer requirements. Additionally, it manufactures OPC 43-grade cement and markets its cement under the brand name HATHI CEMENT.  

NCL Industries Ltd

The Market Cap of NCL Industries Ltd is Rs. 1041.26 crores. The stock’s monthly return is -10.16%. Its one-year return is 18.63%. The stock is 11.14% away from its 52-week high.

NCL Industries Limited is involved in the production and sale of cement, ready mix concrete, cement bonded particle boards, and doors, and also operates two small hydropower projects. The company is divided into segments including Cement, Boards, RMC, Energy, and Doors. 

Nagarjuna Cement offers various grades including Ordinary Portland Cement (Grades 53 and 43) and Pozzolana Portland Cement. They also produce a special cement (IRS Grade 53 S) specifically for the Indian Railways to be used in making concrete sleepers. Nagarjuna RMC is their brand for ready-mix concrete.  

Kakatiya Cement Sugar and Industries Ltd

The Market Cap of Kakatiya Cement Sugar and Industries Ltd is Rs. 181.90 crore. The stock’s monthly return is -2.29%. Its one-year return is 11.76%. The stock is 22.06% away from its 52-week high.

Kakatiya Cement Sugar and Industries Limited, an India-based company, primarily focuses on manufacturing ordinary Portland cement. The company has various segments including Cement, Sugar, and Power. 

Kakatiya Cement is widely used in different construction projects such as multi-storied buildings, flyovers, and bridges. The Cement Division has a production capacity of around 297,000 tons per year, while the Sugar Division can process approximately 3,200 tons of sugarcane daily. On average, the Sugar Division crushes about four lakh metric tons of sugarcane annually. The cement plant is situated in Nalgonda District of Andhra Pradesh, while the sugar and power plants are located in Khammam District. 

Top High Dividend Yield Cement Stocks under Rs 500 – FAQs

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.