|EUR per share|
Remy Cointreau paid a total dividend of 80 million EUR last year, for a market capitalization of 4,589 millions. Dividend per share of Remy Cointreau is 1.60 EUR, and his stock market price 91.77 EUR.
According to the chart below, where dividend yield is displayed, Remy Cointreau has a dividend yield of 1.74%, 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,...
About the ability of Remy Cointreau to maintain his current dividend of EUR 1.60 per share, an amount that accounts for 1.74%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Remy Cointreau payout on ernings is currently 75.83%, which is higher than the market average, and companies of Consumer Goods industry, which are 39.68% and 38.65% respectively. Both figures show that Remy Cointreau 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 latter amount the one which can be distributed to shareholders. Cash flow per share of Remy Cointreau is EUR 2.10 per share, which is higher than the dividend per share paid by the company of EUR 1.60, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Remy Cointreau, compared againt world market average, France companies, Consumer Goods industry and Beverages sector companies. You might also need to check full financial report of Remy Cointreau.
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