08-31-2023
| EUR/share | |
| Price | 49.07 |
| Dividend | 0.00 |
| Earnings | -1.03 |
| Cash-flow | 4.81 |
| Book value | 37.75 |
| Equity | 38.15 |
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 stock dividend
Covestro AG paid a total dividend of 0 million EUR last year, for a market value of 9,323 millions (Market Cap 8,686 millions). Covestro AG dividend per share is 0.00 EUR, and his stock market price 49.07 EUR.
According to the chart below where dividend yield is displayed, Covestro AG, has a dividend yield of 0%, amount in contrast with the positive dividend offered by both the market average and companies from Germany, Basic Materials industry, and Chemicals sector. This lack of dividends of Covestro AG might harm the evolution of share price if the company is not clearly expanding his business.
In addition, you should compare Covestro AG stocks dividend with other Chemicals companies or other of the best Germany dividend stocks list.
Covestro AG Dividend Payout
About the ability of Covestro AG to maintain his current dividend of EUR 0.00 per share, an amount that accounts for 0.00%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Covestro AG payout on ernings is currently 0.00%, which is lower than the market average and companies in his industry and sector.
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 Dividend History
Below you will find a table with the historical evolution of Covestro 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 | 0.00% | 0.00 | 0.00% | 190 |
| 2022 | 9.30% | 3.40 | 38.16% | 190 |
| 2021 | 2.40% | 1.30 | 52.21% | 193 |
| 2020 | 2.38% | 1.20 | 40.68% | 193 |
| 2019 | 5.79% | 2.40 | 23.74% | 183 |
| 2018 | 5.09% | 2.20 | 20.37% | 188 |
| 2017 | 1.57% | 1.35 | 32.93% | 203 |
| 2016 | 1.15% | 0.70 | 41.42% | 203 |
*In millions
Covestro AG Stock performance
Finally, last moth Covestro AG showed a return of 0.50% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a 62.90% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Germany and Chemicals firms.
