Incitec Pivot Ltd Dividend yield




   AUD/share 
 Price  2.94
 Dividend  0.01
 Earnings  0.08
 Cash-flow  0.28
 Book value  2.67
 Equity  2.67

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 paid a total dividend of 19 million AUD last year, for a market value of 5,709 millions (Market Cap 5,700 millions). Dividend per share of Incitec Pivot Ltd is 0.01 AUD, and his stock market price 2.94 AUD.

According to the chart below, where dividend yield is displayed, Incitec Pivot Ltd has a dividend yield of 0.34%, lower than the amount offered by both the market average and companies from Australia. It is also lower than average of Basic Materials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Incitec Pivot Ltd dividend yield with other Chemicals companies or firms from Australia.

Dividend yield of Incitec Pivot Ltd

Incitec Pivot Ltd Dividend Payout

About the ability of Incitec Pivot Ltd to maintain his current dividend of AUD 0.01 per share, an amount that accounts for 0.34%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Incitec Pivot Ltd payout on ernings is currently 12.50%, which is lower than the market average and companies of Basic Materials industry, which are 39.27% and 51.13% respectively. Both figures lead us to believe that there is confidence that Incitec Pivot Ltdcan 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 Incitec Pivot Ltd is AUD 0.28 per share, which is higher than the dividend per share paid by the company of AUD 0.01, 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 payout

Incitec Pivot Ltd Dividend History

Year Yield  AUD  Paypout  Shares* 
Present0.34%0.0112.50%1,942
20202.06%0.0562.50%1,942
20191.48%0.0545.45%1,606
20183.26%0.11137.50%1,630
20172.41%0.0945.00%1,687
20162.76%0.09100.00%1,676
20153.12%0.1246.15%1,676

*In millions

Incitec Pivot Ltd Stock performance

Finally, last moth Incitec Pivot Ltd showed a return of 8.90% compared to a worldwide -1.33% average, and a -2.32% of Basic Materials firms. Over the last year, the company obtained a 44.80% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for Australia and Chemicals firms.

Incitec Pivot Ltd stock and market return