Michelin B Dividend yield

 Price  28.91
 Dividend  1.25
 Earnings  3.21
 Cash-flow  2.70
 Book value  24.09
 Equity  22.45

Michelin B is part of Automobiles and Parts business, which is part of Consumer Goods industry. Michelin B is a company from France, and his stocks are publicly traded.

Michelin B stock dividend

Michelin B paid a total dividend of 893 million EUR last year, for a market value of 20,642 millions (Market Cap 20,232 millions). Michelin B dividend per share is 1.25 EUR, and his stock market price 28.91 EUR.

According to the chart below, where dividend yield is displayed, Michelin B has a dividend yield of 4.32%, which is higher than the amount offered by both the market average and companies from France. It is also bigger than average of Consumer Goods 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 Michelin B stocks dividend with other Automobiles and Parts companies or other of the high France dividend stocks list.

Dividend yield of Michelin B

Michelin B Dividend Payout

About the ability of Michelin B to maintain his current dividend of EUR 1.25 per share, an amount that accounts for 4.32%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Michelin B payout on ernings is currently 38.94%, which is lower than the market average and companies of Consumer Goods industry, which are 39.34% and 40.18% respectively. Both figures lead us to believe that there is confidence that Michelin Bcan 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 Michelin B is EUR 2.70 per share, which is higher than the dividend per share paid by the company of EUR 1.25, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Michelin B, compared againt world market average, France companies, Consumer Goods industry and Automobiles and Parts sector companies.

Michelin B payout

Michelin B Dividend History

Below you will find a table with the historical evolution of Michelin B'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* 

*In millions

Then you can see the evolution of Michelin B dividend stock, and compare it with the average of France stocks and that of the Automobiles and Parts stocks.

Michelin B stock dividend history

Michelin B Stock performance

Finally, last moth Michelin B showed a return of -2.90% compared to a worldwide -2.49% average, and a -1.86% of Consumer Goods firms. Over the last year, the company obtained a 18.90% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for France and Automobiles and Parts firms.

Michelin B stock and market return