08-31-2023
EUR/share | |
Price | 53.83 |
Dividend | 2.00 |
Earnings | 1.69 |
Cash-flow | 4.60 |
Book value | 25.63 |
Equity | 25.61 |
Danone is part of Food Producers business, which is part of Consumer Goods industry. Danone is a company from France, and his stocks are publicly traded.
Danone stock dividend
Danone paid a total dividend of 1,280 million EUR last year, for a market value of 34,451 millions (Market Cap 33,552 millions). Danone dividend per share is 2.00 EUR, and his stock market price 53.83 EUR.
According to the chart below, where dividend yield is displayed, Danone has a dividend yield of 3.72%, which is higher than the amount offered by both the market average and companies from France. It is also bigger than average of Consumer Goods industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.
In addition, you should compare Danone stocks dividend with other Food Producers companies or other of the high France dividend stocks list.
Danone Dividend Payout
About the ability of Danone to maintain his current dividend of EUR 2.00 per share, an amount that accounts for 3.72%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Danone payout on ernings is currently 118.34%, which is higher than the market average, and companies of Consumer Goods industry, which are 39.34% and 40.18% respectively. Both figures show that Danone 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 Danone is EUR 4.60 per share, which is higher than the dividend per share paid by the company of EUR 2.00, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Danone, compared againt world market average, France companies, Consumer Goods industry and Food Producers sector companies.
Danone Dividend History
Below you will find a table with the historical evolution of Danone'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 | 3.72% | 2.00 | 118.34% | 640 |
2022 | 3.94% | 1.94 | 85.46% | 625 |
2021 | 3.55% | 1.94 | 72.93% | 650 |
2020 | 3.91% | 2.10 | 67.52% | 649 |
2019 | 2.63% | 1.94 | 51.73% | 647 |
2018 | 3.09% | 1.90 | 48.22% | 647 |
2017 | 2.43% | 1.70 | 60.07% | 633 |
2016 | 2.70% | 1.60 | 72.40% | 611 |
2015 | 2.26% | 1.50 | 79.37% | 611 |
*In millions
Then you can see the evolution of Danone dividend stock, and compare it with the average of France stocks and that of the Food Producers stocks.
Danone Stock performance
Finally, last moth Danone showed a return of -3.10% compared to a worldwide -2.49% average, and a -1.86% of Consumer Goods firms. Over the last year, the company obtained a 2.50% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for France and Food Producers firms.