Bechtle Dividend yield

 Price  51.20
 Dividend  0.45
 Earnings  2.08
 Cash-flow  2.22
 Book value  10.67
 Equity  10.00

Bechtle is part of Software and Computer Services business, which is part of Technology industry. Bechtle is a company from Germany, and his stocks are publicly traded.

Bechtle paid a total dividend of 57 million EUR last year, for a market value of 6,451 millions (Market Cap 4,192 millions). Dividend per share of Bechtle is 0.45 EUR, and his stock market price 51.20 EUR.

According to the chart below, where dividend yield is displayed, Bechtle has a dividend yield of 0.88%, lower than the amount offered by both the market average and companies from Germany. It is also lower than average of Technology industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Bechtle dividend yield with other Software and Computer Services companies or firms from Germany.

Dividend yield of Bechtle

Bechtle Dividend Payout

About the ability of Bechtle to maintain his current dividend of EUR 0.45 per share, an amount that accounts for 0.88%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Bechtle payout on ernings is currently 21.63%, which is lower than the market average and companies of Technology industry, which are 38.25% and 35.85% respectively. Both figures lead us to believe that there is confidence that Bechtlecan maintain his current dividend.

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 Bechtle is EUR 2.22 per share, which is higher than the dividend per share paid by the company of EUR 0.45, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Bechtle, compared againt world market average, Germany companies, Technology industry and Software and Computer Services sector companies.

Bechtle payout

Bechtle Dividend History

Year Yield  EUR  Paypout  Shares* 

*In millions

Bechtle Stock performance

Finally, last moth Bechtle showed a return of 11.20% compared to a worldwide 1.12% average, and a 0.98% of Technology firms. Over the last year, the company obtained a -3.90% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for Germany and Software and Computer Services firms.

Bechtle stock and market return