Kone B Dividend yield




   EUR/share 
 Price  60.78
 Dividend  1.75
 Earnings  2.23
 Cash-flow  3.51
 Book value  7.15
 Equity  7.17

Kone B is part of Industrial Engineering business, which is part of Industrials industry. Kone B is a company from Finland, and his stocks are publicly traded.

Kone B paid a total dividend of 774 million EUR last year, for a market value of 26,865 millions (Market Cap 23,849 millions). Dividend per share of Kone B is 1.75 EUR, and his stock market price 60.78 EUR.

According to the chart below, where dividend yield is displayed, Kone B has a dividend yield of 2.88%, which is higher than the amount offered by both the market average and companies from Finland. It is also bigger than average of Industrials 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 Kone B dividend yield with other Industrial Engineering companies or firms from Finland.

Dividend yield of Kone B

Kone B Dividend Payout

About the ability of Kone B to maintain his current dividend of EUR 1.75 per share, an amount that accounts for 2.88%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Kone B payout on ernings is currently 78.48%, which is higher than the market average, and companies of Industrials industry, which are 39.27% and 37.39% respectively. Both figures show that Kone B 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 Kone B is EUR 3.51 per share, which is higher than the dividend per share paid by the company of EUR 1.75, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Kone B, compared againt world market average, Finland companies, Industrials industry and Industrial Engineering sector companies.

Kone B payout

Kone B Dividend History

Year Yield  EUR  Paypout  Shares* 
Present2.88%1.7578.48%442
20202.56%1.7076.58%442
20192.83%1.6581.68%440
20183.96%1.6571.43%439
20173.46%1.5563.79%438
20163.37%1.4056.91%437
20152.97%1.2077.92%437

*In millions

Kone B Stock performance

Finally, last moth Kone B showed a return of -13.50% compared to a worldwide -1.33% average, and a -2.02% of Industrials firms. Over the last year, the company obtained a -18.40% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for Finland and Industrial Engineering firms.

Kone B stock and market return