08-31-2023
EUR/share | |
Price | 75.04 |
Dividend | 1.98 |
Earnings | 2.58 |
Cash-flow | 1.65 |
Book value | 25.01 |
Equity | 28.67 |
Akzo Nobel is part of Chemicals business, which is part of Basic Materials industry. Akzo Nobel is a company from Netherlands, and his stocks are publicly traded.
Akzo Nobel stock dividend
Akzo Nobel paid a total dividend of 337 million EUR last year, for a market value of 12,757 millions (Market Cap 12,783 millions). Akzo Nobel dividend per share is 1.98 EUR, and his stock market price 75.04 EUR.
According to the chart below, where dividend yield is displayed, Akzo Nobel has a dividend yield of 2.64%, lower than the amount offered by both the market average and companies from Netherlands. It is also lower than average of Basic Materials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...
In addition, you should compare Akzo Nobel stocks dividend with other Chemicals companies or other of the high Netherlands dividend stocks list.
Akzo Nobel Dividend Payout
About the ability of Akzo Nobel to maintain his current dividend of EUR 1.98 per share, an amount that accounts for 2.64%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Akzo Nobel payout on ernings is currently 76.74%, which is higher than the market average, and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures show that Akzo Nobel 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 Akzo Nobel is EUR 1.65 per share, which is lower than the dividend per share paid by the company of EUR 1.98, so the company does not generate enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Akzo Nobel, compared againt world market average, Netherlands companies, Basic Materials industry and Chemicals sector companies.
Akzo Nobel Dividend History
Below you will find a table with the historical evolution of Akzo Nobel'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 | 2.64% | 1.98 | 76.74% | 170 |
2022 | 3.16% | 1.98 | 38.90% | 177 |
2021 | 2.03% | 1.96 | 51.58% | 182 |
2020 | 2.19% | 1.92 | 62.95% | 191 |
2019 | 2.03% | 1.84 | 41.82% | 209 |
2018 | 3.28% | 2.31 | 61.44% | 253 |
2017 | 2.52% | 1.84 | 42.30% | 252 |
2016 | 2.67% | 1.57 | 34.73% | 248 |
2015 | 2.18% | 1.47 | 53.07% | 248 |
*In millions
Then you can see the evolution of Akzo Nobel dividend stock, and compare it with the average of Netherlands stocks and that of the Chemicals stocks.
Akzo Nobel Stock performance
Finally, last moth Akzo Nobel showed a return of -3.50% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a 19.00% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Netherlands and Chemicals firms.