Thales Dividend yield




   EUR/share 
 Price  119.30
 Dividend  2.66
 Earnings  7.14
 Cash-flow  13.26
 Book value  30.59
 Equity  27.15

Thales is part of Aerospace and Defense business, which is part of Industrials industry. Thales is a company from France, and his stocks are publicly traded.

Thales paid a total dividend of 567 million EUR last year, for a market value of 25,411 millions (Market Cap 11,966 millions). Dividend per share of Thales is 2.66 EUR, and his stock market price 119.30 EUR.

According to the chart below, where dividend yield is displayed, Thales has a dividend yield of 2.23%, lower than the amount offered by both the market average and companies from France. It is also lower than average of Industrials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Thales dividend yield with other Aerospace and Defense companies or firms from France.

Dividend yield of Thales

Thales Dividend Payout

About the ability of Thales to maintain his current dividend of EUR 2.66 per share, an amount that accounts for 2.23%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Thales payout on ernings is currently 37.25%, which is lower than the market average, but higher than companies of Industrials industry, which are 41.22% and 36.57% respectively. Both figures show that Thales is in a good position to keep maintaining his 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 Thales is EUR 13.26 per share, which is higher than the dividend per share paid by the company of EUR 2.66, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Thales, compared againt world market average, France companies, Industrials industry and Aerospace and Defense sector companies.

Thales payout

Thales Dividend History

Year Yield  EUR  Paypout  Shares* 
Present2.23%2.6637.25%213
20212.62%1.9641.88%213
20200.53%0.405.34%213
20192.36%2.1840.30%213
20181.76%1.8037.74%212
20171.84%1.6530.50%211
20161.48%1.3629.69%209
20151.59%1.1225.57%206

*In millions

Thales Stock performance

Finally, last moth Thales showed a return of -2.30% compared to a worldwide -2.30% average, and a -3.75% of Industrials firms. Over the last year, the company obtained a 59.50% versus a worldwide performance of a -5.85%. More detailed information can be seen in the following graph for France and Aerospace and Defense firms.

Thales stock and market return