Howmet Aerospace Inc Dividend yield

Howmet Aerospace Inc is part of Aerospace and Defense business, which is part of Industrials industry. Howmet Aerospace Inc is a company from USA, and his stocks are publicly traded.

Howmet Aerospace Inc stock dividend

Howmet Aerospace Inc paid a total dividend of 66 million USD last year, for a market value of 20,382 millions (Market Cap 18,726 millions). Howmet Aerospace Inc dividend per share is 0.16 USD, and his stock market price 49.47 USD.

According to the chart below, where dividend yield is displayed, Howmet Aerospace Inc has a dividend yield of 0.32%, lower than the amount offered by both the market average and companies from USA. It is also lower than average of Industrials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Howmet Aerospace Inc stocks dividend with other Aerospace and Defense companies or other of the highest USA dividend stocks list.

Howmet Aerospace Inc Dividend Payout

About the ability of Howmet Aerospace Inc to maintain his current dividend of USD 0.16 per share, an amount that accounts for 0.32%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Howmet Aerospace Inc payout on ernings is currently 13.11%, which is lower than the market average and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures lead us to believe that there is confidence that Howmet Aerospace Inccan 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 Howmet Aerospace Inc is USD 1.78 per share, which is higher than the dividend per share paid by the company of USD 0.16, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Howmet Aerospace Inc, compared againt world market average, USA companies, Industrials industry and Aerospace and Defense sector companies.

Howmet Aerospace Inc Dividend History

Below you will find a table with the historical evolution of Howmet Aerospace Inc's dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	USD	Paypout	Shares*
Present	0.32%	0.16	13.11%	412
2022	0.41%	0.16	22.54%	414
2021	0.25%	0.08	11.43%	429
2020	0.28%	0.08	6.40%	436

*In millions

Howmet Aerospace Inc Stock performance

Finally, last moth Howmet Aerospace Inc showed a return of -3.30% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a 39.60% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for USA and Aerospace and Defense firms.