Athens Water Supply Dividend yield

Athens Water Supply is part of Gas Water and Multiutilities business, which is part of Utilities industry. Athens Water Supply is a company from Greece, and his stocks are publicly traded.

Athens Water Supply stock dividend

Athens Water Supply paid a total dividend of 30 million EUR last year, for a market value of 706 millions (Market Cap 272 millions). Athens Water Supply dividend per share is 0.28 EUR, and his stock market price 6.60 EUR.

According to the chart below, where dividend yield is displayed, Athens Water Supply has a dividend yield of 4.24%, which is similar to the amount offered by both the market average and companies from Greece. However, it is lower than the average of Utilities industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

In addition, you should compare Athens Water Supply stocks dividend with other Gas Water and Multiutilities companies or other of the high Greece dividend stocks list.

Athens Water Supply Dividend Payout

About the ability of Athens Water Supply to maintain his current dividend of EUR 0.28 per share, an amount that accounts for 4.24%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Athens Water Supply payout on ernings is currently 280.00%, which is higher than the market average, and companies of Utilities industry, which are 39.34% and 60.08% respectively. Both figures show that Athens Water Supply can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Athens Water Supply is EUR -0.53 per share, which is lower than the dividend per share paid by the company of EUR 0.28, so the company does not generate enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Athens Water Supply, compared againt world market average, Greece companies, Utilities industry and Gas Water and Multiutilities sector companies.

Athens Water Supply Dividend History

Below you will find a table with the historical evolution of Athens Water Supply's dividend stock, both in percentage and in EUR, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	EUR	Paypout	Shares*
Present	4.24%	0.28	280.00%	107
2022	4.12%	0.28	82.35%	107

*In millions

Athens Water Supply Stock performance

Finally, last moth Athens Water Supply showed a return of -4.60% compared to a worldwide -2.49% average, and a -2.79% of Utilities firms. Over the last year, the company obtained a -15.40% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Greece and Gas Water and Multiutilities firms.