Michelin B Dividend yield




   EUR/share 
 Price  122.95
 Dividend  2.30
 Earnings  11.82
 Cash-flow  16.39
 Book value  81.97
 Equity  77.25

Michelin B is part of Automobiles and Parts business, which is part of Consumer Goods industry. Michelin B is a company from France, and his stocks are publicly traded.

Michelin B paid a total dividend of 409 million EUR last year, for a market value of 21,885 millions (Market Cap 21,488 millions). Dividend per share of Michelin B is 2.30 EUR, and his stock market price 122.95 EUR.

According to the chart below, where dividend yield is displayed, Michelin B has a dividend yield of 1.87%, lower than the amount offered by both the market average and companies from France. It is also lower than average of Consumer Goods industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Michelin B dividend yield with other Automobiles and Parts companies or firms from France.

Dividend yield of Michelin B

Michelin B Dividend Payout

About the ability of Michelin B to maintain his current dividend of EUR 2.30 per share, an amount that accounts for 1.87%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Michelin B payout on ernings is currently 19.46%, which is lower than the market average and companies of Consumer Goods industry, which are 38.25% and 43.24% respectively. Both figures lead us to believe that there is confidence that Michelin Bcan 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 Michelin B is EUR 16.39 per share, which is higher than the dividend per share paid by the company of EUR 2.30, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Michelin B, compared againt world market average, France companies, Consumer Goods industry and Automobiles and Parts sector companies.

Michelin B payout

Michelin B Dividend History

Year Yield  EUR  Paypout  Shares* 
Present1.87%2.3019.46%178
20211.60%2.3146.11%178
20201.91%2.0017.92%179
20193.39%3.7036.27%180
20184.09%3.5534.40%180
20172.72%3.2532.34%180
20162.82%2.8540.08%181
20152.63%2.5041.60%187

*In millions

Michelin B Stock performance

Finally, last moth Michelin B showed a return of -0.80% compared to a worldwide 1.12% average, and a -2.67% of Consumer Goods firms. Over the last year, the company obtained a -3.70% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for France and Automobiles and Parts firms.

Michelin B stock and market return