In 2025, under the background of weak demand in the cement industry, the operation and dividend distribution of enterprises showed obvious differentiation. Combing the dividend schemes of listed cement enterprises, the head enterprises still maintain a high proportion of dividends, some loss-making enterprises still maintain dividend measures, and many enterprises under operating pressure are unable to distribute dividends, and the industry dividend gap is significant. In
this statistics, some enterprises have not officially publicized the total amount of dividends, and the relevant data are based on the total equity accounting of enterprises for reference.
Table: 2025 Dividend Plan

of Cement Enterprises From the perspective of dividend intensity, Conch Cement led the industry with an annual dividend of 0.85 yuan per share, with a total dividend of 4.486 billion yuan and a dividend rate of 55.3%. The shareholder return advantage of leading enterprises is highlighted.
Huaxin Building Materials has a total annual dividend of 0.55 yuan per share, a total dividend of 1.143 billion yuan, a dividend profit ratio of 40%, and a steady pace of profit distribution. The total dividend
of CNBM is 1.139 billion yuan, and the current performance loss of the enterprise still insists on dividend distribution, showing solid shareholder responsibility and responsibility. The dividend performance of
small and medium-sized cement enterprises is polarized. The dividends per share of Ningxia Building Materials, Evergreen, Jinyu Jidong and other enterprises are in the range of 0.1 yuan to 0.16 yuan, among which Evergreen uses the retained profits of previous years to pay dividends, and the dividend profit ratio is as high as 393.1% ; Jinyu Group's performance loss in 2025 still maintained a dividend of 0.05 yuan per share and actively fulfilled its shareholder return commitment.
Another seven enterprises, such as Tianshan Material, Shanshui Cement and Fujian Cement , were affected by performance losses and did not implement dividends this year.
On the whole, the dividend distribution of the cement industry in 2025 presents a pattern of "stable dividend distribution of leading enterprises, high dividend distribution of high-quality enterprises, and no dividend distribution of weak enterprises". Conch Cement ranks first by virtue of its scale advantage, while Huaxin Building Materials, Tapai Group and Shangfeng Cement attract investors with high dividend rates, while loss-making enterprises withdraw from the dividend sequence.
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