Covestro AG Dividend yield

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
   EUR per share 
 Price  39.86
 Dividend  1.20
 Earnings  3.11
 Cash-flow  7.25
 Book value  28.47
 Equity  28.80

Covestro AG is part of Chemicals business, which is part of Basic Materials industry. Covestro AG is a company from Germany, and his stocks are publicly traded.

Covestro AG paid a total dividend of 220 million EUR last year, for a market value of 7,294 millions (Market Cap 6,793 millions). Dividend per share of Covestro AG is 1.20 EUR, and his stock market price 39.86 EUR.

According to the chart below, where dividend yield is displayed, Covestro AG has a dividend yield of 3.01%, 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 Covestro AG dividend yield with other Chemicals companies or firms from Germany.

Dividend yield of Covestro AG

Covestro AG Dividend Payout

About the ability of Covestro AG to maintain his current dividend of EUR 1.20 per share, an amount that accounts for 3.01%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Covestro AG payout on ernings is currently 38.59%, which is higher than the market average, but lower than companies of Basic Materials industry, which are 37.73% and 45.45% respectively. Both figures show that Covestro AG should not have problems to continue paying his 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 Covestro AG is EUR 7.25 per share, which is higher than the dividend per share paid by the company of EUR 1.20, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Covestro AG, compared againt world market average, Germany companies, Basic Materials industry and Chemicals sector companies.

Covestro AG payout

Covestro AG Stock performance

Finally, last moth Covestro AG showed a return of 21.30% compared to a worldwide 4.36% average, and a 6.04% of Basic Materials firms. Over the last year, the company obtained a -3.20% versus a worldwide performance of a 2.13%. More detailed information can be seen in the following graph for Germany and Chemicals firms.

Covestro AG stock and market return

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