Thales Dividend yield

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 stock dividend

Thales paid a total dividend of 617 million EUR last year, for a market value of 28,308 millions (Market Cap 13,344 millions). Thales dividend per share is 2.94 EUR, and his stock market price 134.80 EUR.

According to the chart below, where dividend yield is displayed, Thales has a dividend yield of 2.18%, 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 stocks dividend with other Aerospace and Defense companies or other of the highest France dividend stocks list.

Thales Dividend Payout

About the ability of Thales to maintain his current dividend of EUR 2.94 per share, an amount that accounts for 2.18%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Thales payout on ernings is currently 39.68%, which is higher than the market average, and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures show that Thales 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 Thales is EUR 13.62 per share, which is higher than the dividend per share paid by the company of EUR 2.94, 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 Dividend History

Below you will find a table with the historical evolution of Thales'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	2.18%	2.94	39.68%	210
2022	2.23%	2.66	37.25%	213
2021	2.62%	1.96	41.88%	213
2020	0.53%	0.40	5.34%	213
2019	2.36%	2.18	40.30%	213
2018	1.76%	1.80	37.74%	212
2017	1.84%	1.65	30.50%	211
2016	1.48%	1.36	29.69%	209
2015	1.59%	1.12	25.57%	206

*In millions

Then you can see the evolution of Thales dividend stock, and compare it with the average of France stocks and that of the Aerospace and Defense stocks.

Thales Stock performance

Finally, last moth Thales showed a return of -0.80% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a 12.20% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for France and Aerospace and Defense firms.