Lanxess Dividend yield

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

Lanxess stock dividend

Lanxess paid a total dividend of 90 million EUR last year, for a market value of 2,509 millions (Market Cap 2,520 millions). Lanxess dividend per share is 1.05 EUR, and his stock market price 29.18 EUR.

According to the chart below, where dividend yield is displayed, Lanxess has a dividend yield of 3.60%, which is similar to the amount offered by both the market average and companies from Germany. However, it is lower than the average of Basic Materials industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

In addition, you should compare Lanxess stocks dividend with other Chemicals companies or other of the best Germany dividend stocks list.

Lanxess Dividend Payout

About the ability of Lanxess to maintain his current dividend of EUR 1.05 per share, an amount that accounts for 3.60%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Lanxess payout on ernings is currently 22.29%, which is lower than the market average and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures lead us to believe that there is confidence that Lanxesscan 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 Lanxess is EUR 1.23 per share, which is higher than the dividend per share paid by the company of EUR 1.05, so the company generates enough cash to maintain his dividend in the future.

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

Lanxess Dividend History

Below you will find a table with the historical evolution of Lanxess'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	3.60%	1.05	22.29%	86
2022	2.79%	1.05	23.97%	86
2021	1.83%	1.00	8.81%	85
2020	1.51%	0.95	27.07%	83
2019	1.50%	0.90	14.59%	83
2018	1.99%	0.80	47.62%	92
2017	1.06%	0.70	28.46%	92
2016	1.03%	0.60	28.04%	92
2015	1.04%	0.50	58.82%	92

*In millions

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

Lanxess Stock performance

Finally, last moth Lanxess showed a return of -4.70% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a -13.30% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Germany and Chemicals firms.