05-31-2023
EUR/share | |
Price | 23.84 |
Dividend | 1.50 |
Earnings | 5.42 |
Cash-flow | 3.02 |
Book value | 23.84 |
Equity | 21.59 |
Philips Lighting NV is part of Electronic and Electrical Equipment business, which is part of Industrials industry. Philips Lighting NV is a company from Netherlands, and his stocks are publicly traded.
Philips Lighting NV stock dividend
Philips Lighting NV paid a total dividend of 188 million EUR last year, for a market value of 2,980 millions (Market Cap 2,976 millions). Philips Lighting NV dividend per share is 1.50 EUR, and his stock market price 23.84 EUR.
According to the chart below, where dividend yield is displayed, Philips Lighting NV has a dividend yield of 6.29%, which is higher than the amount offered by both the market average and companies from Netherlands. 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 Philips Lighting NV stocks dividend with other Electronic and Electrical Equipment companies or other of the high Netherlands dividend stocks list.
Philips Lighting NV Dividend Payout
About the ability of Philips Lighting NV to maintain his current dividend of EUR 1.50 per share, an amount that accounts for 6.29%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Philips Lighting NV payout on ernings is currently 27.68%, which is lower than the market average and companies of Industrials industry, which are 39.87% and 36.49% respectively. Both figures lead us to believe that there is confidence that Philips Lighting NVcan 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 Philips Lighting NV is EUR 3.02 per share, which is higher than the dividend per share paid by the company of EUR 1.50, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Philips Lighting NV, compared againt world market average, Netherlands companies, Industrials industry and Electronic and Electrical Equipment sector companies.
Philips Lighting NV Dividend History
Below you will find a table with the historical evolution of Philips Lighting NV'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 | 6.29% | 1.50 | 27.68% | 125 |
2022 | 4.62% | 1.45 | 33.26% | 125 |
2021 | 6.74% | 2.75 | 74.12% | 126 |
2020 | 0.00% | 0.00 | 0.00% | 126 |
2019 | 4.67% | 1.30 | 43.33% | 126 |
2018 | 6.11% | 1.25 | 39.06% | 132 |
2017 | 3.59% | 1.10 | 47.41% | 139 |
*In millions
Philips Lighting NV Stock performance
Finally, last moth Philips Lighting NV showed a return of -21.10% compared to a worldwide -2.16% average, and a -0.90% of Industrials firms. Over the last year, the company obtained a -35.90% versus a worldwide performance of a 0.43%. More detailed information can be seen in the following graph for Netherlands and Electronic and Electrical Equipment firms.