VARTA AG Dividend yield




   EUR/share 
 Price  89.90
 Dividend  2.48
 Earnings  2.50
 Cash-flow  5.65
 Book value  12.32
 Equity  11.26

VARTA AG is part of Electronic and Electrical Equipment business, which is part of Industrials industry. VARTA AG is a company from Germany, and his stocks are publicly traded.

VARTA AG paid a total dividend of 99 million EUR last year, for a market value of 3,596 millions (Market Cap 1,269 millions). Dividend per share of VARTA AG is 2.48 EUR, and his stock market price 89.90 EUR.

According to the chart below, where dividend yield is displayed, VARTA AG has a dividend yield of 2.76%, which is higher than the amount offered by both the market average and companies from Germany. 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 VARTA AG dividend yield with other Electronic and Electrical Equipment companies or firms from Germany.

Dividend yield of VARTA AG

VARTA AG Dividend Payout

About the ability of VARTA AG to maintain his current dividend of EUR 2.48 per share, an amount that accounts for 2.76%, we should study its payout ratio both on earnings and on cash-flows (see chart below). VARTA AG payout on ernings is currently 99.20%, which is higher than the market average, and companies of Industrials industry, which are 38.25% and 34.62% respectively. Both figures show that VARTA AG 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 VARTA AG is EUR 5.65 per share, which is higher than the dividend per share paid by the company of EUR 2.48, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of VARTA AG, compared againt world market average, Germany companies, Industrials industry and Electronic and Electrical Equipment sector companies.

VARTA AG payout

VARTA AG Dividend History

Year Yield  EUR  Paypout  Shares* 
Present2.76%2.4899.20%40
20212.17%2.4898.80%40

*In millions

VARTA AG Stock performance

Finally, last moth VARTA AG showed a return of -2.40% compared to a worldwide 1.12% average, and a 1.26% of Industrials firms. Over the last year, the company obtained a -28.40% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for Germany and Electronic and Electrical Equipment firms.

VARTA AG stock and market return