08-31-2023
EUR/share | |
Price | 91.10 |
Dividend | 1.90 |
Earnings | 4.30 |
Cash-flow | 4.65 |
Book value | 24.62 |
Equity | 23.12 |
Legrand is part of Electronic and Electrical Equipment business, which is part of Industrials industry. Legrand is a company from France, and his stocks are publicly traded.
Legrand stock dividend
Legrand paid a total dividend of 507 million EUR last year, for a market value of 24,324 millions (Market Cap 24,280 millions). Legrand dividend per share is 1.90 EUR, and his stock market price 91.10 EUR.
According to the chart below, where dividend yield is displayed, Legrand has a dividend yield of 2.09%, lower than the amount offered by both the market average and companies from France. 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 Legrand stocks dividend with other Electronic and Electrical Equipment companies or other of the best France dividend stocks list.
Legrand Dividend Payout
About the ability of Legrand to maintain his current dividend of EUR 1.90 per share, an amount that accounts for 2.09%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Legrand payout on ernings is currently 44.19%, which is higher than the market average, and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures show that Legrand 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 Legrand is EUR 4.65 per share, which is higher than the dividend per share paid by the company of EUR 1.90, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Legrand, compared againt world market average, France companies, Industrials industry and Electronic and Electrical Equipment sector companies.
Legrand Dividend History
Below you will find a table with the historical evolution of Legrand'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 | 2.09% | 1.90 | 44.19% | 267 |
2022 | 2.21% | 1.65 | 43.19% | 267 |
2021 | 1.38% | 1.42 | 45.81% | 267 |
2020 | 1.84% | 1.34 | 37.22% | 267 |
2019 | 1.84% | 1.34 | 40.73% | 267 |
2018 | 2.56% | 1.26 | 41.45% | 266 |
2017 | 1.85% | 1.19 | 44.91% | 266 |
2016 | 2.18% | 1.15 | 49.15% | 266 |
2015 | 1.98% | 1.10 | 48.46% | 266 |
*In millions
Then you can see the evolution of Legrand dividend stock, and compare it with the average of France stocks and that of the Electronic and Electrical Equipment stocks.
Legrand Stock performance
Finally, last moth Legrand showed a return of 0.00% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a 26.00% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for France and Electronic and Electrical Equipment firms.