05-31-2023
EUR/share | |
Price | 73.38 |
Dividend | 1.45 |
Earnings | 6.22 |
Cash-flow | 6.17 |
Book value | 30.58 |
Equity | 28.14 |
Brenntag AG is part of Chemicals business, which is part of Basic Materials industry. Brenntag AG is a company from Germany, and his stocks are publicly traded.
Brenntag AG stock dividend
Brenntag AG paid a total dividend of 225 million EUR last year, for a market value of 11,374 millions (Market Cap 11,337 millions). Brenntag AG dividend per share is 1.45 EUR, and his stock market price 73.38 EUR.
According to the chart below, where dividend yield is displayed, Brenntag AG has a dividend yield of 1.98%, lower than the amount offered by both the market average and companies from Germany. It is also lower than average of Basic Materials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...
In addition, you should compare Brenntag AG stocks dividend with other Chemicals companies or other of the highest Germany dividend stocks list.
Brenntag AG Dividend Payout
About the ability of Brenntag AG to maintain his current dividend of EUR 1.45 per share, an amount that accounts for 1.98%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Brenntag AG payout on ernings is currently 23.31%, which is lower than the market average and companies of Basic Materials industry, which are 39.87% and 33.76% respectively. Both figures lead us to believe that there is confidence that Brenntag AGcan 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 Brenntag AG is EUR 6.17 per share, which is higher than the dividend per share paid by the company of EUR 1.45, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Brenntag AG, compared againt world market average, Germany companies, Basic Materials industry and Chemicals sector companies.
Brenntag AG Dividend History
Below you will find a table with the historical evolution of Brenntag AG'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 | 1.98% | 1.45 | 23.31% | 155 |
2022 | 2.43% | 1.45 | 44.21% | 155 |
2021 | 1.70% | 1.35 | 40.91% | 155 |
2020 | 1.97% | 1.25 | 37.54% | 155 |
2019 | 2.48% | 1.20 | 36.36% | 155 |
2018 | 2.92% | 1.10 | 41.98% | 155 |
2017 | 1.99% | 1.05 | 39.77% | 155 |
2016 | 2.01% | 1.00 | 38.46% | 155 |
2015 | 1.74% | 0.90 | 37.04% | 155 |
*In millions
Then you can see the evolution of Brenntag AG dividend stock, and compare it with the average of Germany stocks and that of the Chemicals stocks.
Brenntag AG Stock performance
Finally, last moth Brenntag AG showed a return of -0.50% compared to a worldwide -2.16% average, and a -5.29% of Basic Materials firms. Over the last year, the company obtained a 2.00% versus a worldwide performance of a 0.43%. More detailed information can be seen in the following graph for Germany and Chemicals firms.