08-31-2023
EUR/share | |
Price | 27.78 |
Dividend | 1.70 |
Earnings | 2.96 |
Cash-flow | 3.09 |
Book value | 19.84 |
Equity | 26.67 |
AXA is part of Nonlife Insurance business, which is part of Financials industry. AXA is a company from France, and his stocks are publicly traded.
AXA stock dividend
AXA paid a total dividend of 3,750 million EUR last year, for a market value of 61,283 millions (Market Cap 49,341 millions). AXA dividend per share is 1.70 EUR, and his stock market price 27.78 EUR.
According to the chart below, where dividend yield is displayed, AXA has a dividend yield of 6.12%, which is higher than the amount offered by both the market average and companies from France. It is also bigger than average of Financials 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 AXA stocks dividend with other Nonlife Insurance companies or other of the high France dividend stocks list.
AXA Dividend Payout
About the ability of AXA to maintain his current dividend of EUR 1.70 per share, an amount that accounts for 6.12%, we should study its payout ratio both on earnings and on cash-flows (see chart below). AXA payout on ernings is currently 57.43%, which is higher than the market average, and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures show that AXA 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 AXA is EUR 3.09 per share, which is higher than the dividend per share paid by the company of EUR 1.70, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of AXA, compared againt world market average, France companies, Financials industry and Nonlife Insurance sector companies.
AXA Dividend History
Below you will find a table with the historical evolution of AXA'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 | 6.12% | 1.70 | 57.43% | 2,206 |
2022 | 5.91% | 1.54 | 49.68% | 2,294 |
2021 | 5.46% | 1.43 | 114.40% | 2,387 |
2020 | 3.74% | 0.73 | 48.03% | 2,387 |
2019 | 5.34% | 1.34 | 138.14% | 2,382 |
2018 | 6.68% | 1.26 | 50.20% | 2,384 |
2017 | 4.69% | 1.16 | 50.66% | 2,421 |
2016 | 4.95% | 1.10 | 50.46% | 2,438 |
2015 | 3.71% | 0.95 | 48.97% | 2,438 |
*In millions
Then you can see the evolution of AXA dividend stock, and compare it with the average of France stocks and that of the Nonlife Insurance stocks.
AXA Stock performance
Finally, last moth AXA showed a return of -0.70% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a 18.10% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for France and Nonlife Insurance firms.