Evonik Industries AG Dividend yield

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

Evonik Industries AG stock dividend

Evonik Industries AG paid a total dividend of 545 million EUR last year, for a market value of 8,253 millions (Market Cap 3,630 millions). Evonik Industries AG dividend per share is 1.17 EUR, and his stock market price 17.71 EUR.

According to the chart below, where dividend yield is displayed, Evonik Industries AG has a dividend yield of 6.61%, which is higher than the amount offered by both the market average and companies from Germany. It is also bigger than average of Basic Materials 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 Evonik Industries AG stocks dividend with other Chemicals companies or other of the highest Germany dividend stocks list.

Evonik Industries AG Dividend Payout

About the ability of Evonik Industries AG to maintain his current dividend of EUR 1.17 per share, an amount that accounts for 6.61%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Evonik Industries AG payout on ernings is currently 77.48%, which is higher than the market average, and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures show that Evonik Industries AG 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 Evonik Industries AG is EUR 3.41 per share, which is higher than the dividend per share paid by the company of EUR 1.17, so the company generates enough cash to maintain his dividend in the future.

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

Evonik Industries AG Dividend History

Below you will find a table with the historical evolution of Evonik Industries 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	6.61%	1.17	77.48%	466
2022	6.52%	1.17	60.00%	466
2021	4.04%	1.15	83.94%	466
2020	4.31%	1.15	23.71%	466
2019	4.23%	1.15	50.22%	466
2018	5.28%	1.15	63.89%	466
2017	3.67%	1.15	60.53%	466
2016	4.37%	1.15	52.04%	466
2015	3.09%	1.00	74.63%	466

*In millions

Then you can see the evolution of Evonik Industries AG dividend stock, and compare it with the average of Germany stocks and that of the Chemicals stocks.

Evonik Industries AG Stock performance

Finally, last moth Evonik Industries AG showed a return of -5.90% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a -4.80% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Germany and Chemicals firms.