Incitec Pivot Ltd Dividend yield

Incitec Pivot Ltd is part of Chemicals business, which is part of Basic Materials industry. Incitec Pivot Ltd is a company from Australia, and his stocks are publicly traded.

Incitec Pivot Ltd stock dividend

Incitec Pivot Ltd paid a total dividend of 524 million AUD last year, for a market value of 5,690 millions (Market Cap 5,681 millions). Incitec Pivot Ltd dividend per share is 0.27 AUD, and his stock market price 2.93 AUD.

According to the chart below, where dividend yield is displayed, Incitec Pivot Ltd has a dividend yield of 9.22%, which is higher than the amount offered by both the market average and companies from Australia. 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 Incitec Pivot Ltd stocks dividend with other Chemicals companies or other of the best Australia dividend stocks list.

Incitec Pivot Ltd Dividend Payout

About the ability of Incitec Pivot Ltd to maintain his current dividend of AUD 0.27 per share, an amount that accounts for 9.22%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Incitec Pivot Ltd payout on ernings is currently 50.94%, 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 Incitec Pivot Ltd 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 Incitec Pivot Ltd is AUD 0.56 per share, which is higher than the dividend per share paid by the company of AUD 0.27, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Incitec Pivot Ltd, compared againt world market average, Australia companies, Basic Materials industry and Chemicals sector companies.

Incitec Pivot Ltd Dividend History

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

Year	Yield	AUD	Paypout	Shares*
Present	9.22%	0.27	50.94%	1,942
2022	7.18%	0.27	50.00%	1,942
2021	2.87%	0.09	100.00%	1,942
2020	2.06%	0.05	62.50%	1,942
2019	1.48%	0.05	45.45%	1,606
2018	3.26%	0.11	137.50%	1,630
2017	2.41%	0.09	45.00%	1,687
2016	2.76%	0.09	100.00%	1,676
2015	3.12%	0.12	46.15%	1,676

*In millions

Then you can see the evolution of Incitec Pivot Ltd dividend stock, and compare it with the average of Australia stocks and that of the Chemicals stocks.

Incitec Pivot Ltd Stock performance

Finally, last moth Incitec Pivot Ltd showed a return of -3.00% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a -25.30% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Australia and Chemicals firms.