Proximus Dividend yield

Proximus is part of Fixed Line Telecommunications business, which is part of Telecommunications industry. Proximus is a company from Belgium and Lux., and his stocks are publicly traded.

Proximus stock dividend

Proximus paid a total dividend of 386 million EUR last year, for a market value of 2,248 millions (Market Cap 974 millions). Proximus dividend per share is 1.20 EUR, and his stock market price 6.98 EUR.

According to the chart below, where dividend yield is displayed, Proximus has a dividend yield of 17.20%, which is higher than the amount offered by both the market average and companies from Belgium and Lux.. It is also bigger than average of Telecommunications 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 Proximus stocks dividend with other Fixed Line Telecommunications companies or other of the high Belgium and Lux. dividend stocks list.

Proximus Dividend Payout

About the ability of Proximus to maintain his current dividend of EUR 1.20 per share, an amount that accounts for 17.20%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Proximus payout on ernings is currently 39.60%, which is higher than the market average, but lower than companies of Telecommunications industry, which are 39.34% and 41.86% respectively. Both figures show that Proximus should not have problems to continue paying his 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 Proximus is EUR 5.37 per share, which is higher than the dividend per share paid by the company of EUR 1.20, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Proximus, compared againt world market average, Belgium and Lux. companies, Telecommunications industry and Fixed Line Telecommunications sector companies.

Proximus Dividend History

Below you will find a table with the historical evolution of Proximus'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	17.20%	1.20	39.60%	322
2022	13.34%	1.20	41.38%	323
2021	7.00%	1.20	37.85%	323
2020	9.25%	1.50	59.29%	323
2019	5.88%	1.50	51.72%	323
2018	6.35%	1.50	53.38%	323
2017	5.48%	1.50	54.74%	323
2016	5.62%	1.50	57.92%	318
2015	4.80%	1.50	48.39%	318

*In millions

Then you can see the evolution of Proximus dividend stock, and compare it with the average of Belgium and Lux. stocks and that of the Fixed Line Telecommunications stocks.

Proximus Stock performance

Finally, last moth Proximus showed a return of 0.20% compared to a worldwide -2.49% average, and a -0.77% of Telecommunications firms. Over the last year, the company obtained a -45.00% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Belgium and Lux. and Fixed Line Telecommunications firms.