08-31-2023
EUR/share | |
Price | 32.97 |
Dividend | 1.90 |
Earnings | 5.59 |
Cash-flow | 8.04 |
Book value | 41.21 |
Equity | 40.51 |
Erste Group Bank is part of Banks business, which is part of Financials industry. Erste Group Bank is a company from Austria, and his stocks are publicly traded.
Erste Group Bank stock dividend
Erste Group Bank paid a total dividend of 773 million EUR last year, for a market value of 13,419 millions (Market Cap 10,839 millions). Erste Group Bank dividend per share is 1.90 EUR, and his stock market price 32.97 EUR.
According to the chart below, where dividend yield is displayed, Erste Group Bank has a dividend yield of 5.76%, which is higher than the amount offered by both the market average and companies from Austria. 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 Erste Group Bank stocks dividend with other Banks companies or other of the highest Austria dividend stocks list.
Erste Group Bank Dividend Payout
About the ability of Erste Group Bank to maintain his current dividend of EUR 1.90 per share, an amount that accounts for 5.76%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Erste Group Bank payout on ernings is currently 33.99%, which is lower than the market average and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures lead us to believe that there is confidence that Erste Group Bankcan maintain his current 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 Erste Group Bank is EUR 8.04 per share, which is higher than the dividend per share paid by the company of EUR 1.90, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Erste Group Bank, compared againt world market average, Austria companies, Financials industry and Banks sector companies.
Erste Group Bank Dividend History
Below you will find a table with the historical evolution of Erste Group Bank'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 | 5.76% | 1.90 | 33.99% | 407 |
2022 | 5.35% | 1.60 | 32.65% | 405 |
2021 | 3.63% | 1.50 | 70.75% | 406 |
2020 | 0.00% | 0.00 | 0.00% | 407 |
2019 | 4.17% | 1.40 | 30.04% | 408 |
2018 | 4.13% | 1.20 | 34.29% | 409 |
2017 | 2.77% | 1.00 | 28.49% | 410 |
2016 | 1.91% | 0.50 | 18.12% | 410 |
2015 | 0.00% | 0.00 | 0.00% | 410 |
*In millions
Then you can see the evolution of Erste Group Bank dividend stock, and compare it with the average of Austria stocks and that of the Banks stocks.
Erste Group Bank Stock performance
Finally, last moth Erste Group Bank showed a return of -4.10% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a 46.70% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Austria and Banks firms.