05-31-2023
EUR/share | |
Price | 27.54 |
Dividend | 1.12 |
Earnings | 2.50 |
Cash-flow | 4.92 |
Book value | 12.52 |
Equity | 12.63 |
Veolia Environnement is part of Gas Water and Multiutilities business, which is part of Utilities industry. Veolia Environnement is a company from France, and his stocks are publicly traded.
Veolia Environnement stock dividend
Veolia Environnement paid a total dividend of 786 million EUR last year, for a market value of 19,333 millions (Market Cap 17,494 millions). Veolia Environnement dividend per share is 1.12 EUR, and his stock market price 27.54 EUR.
According to the chart below, where dividend yield is displayed, Veolia Environnement has a dividend yield of 4.07%, which is higher than the amount offered by both the market average and companies from France. It is also bigger than average of Utilities 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 Veolia Environnement stocks dividend with other Gas Water and Multiutilities companies or other of the high France dividend stocks list.
Veolia Environnement Dividend Payout
About the ability of Veolia Environnement to maintain his current dividend of EUR 1.12 per share, an amount that accounts for 4.07%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Veolia Environnement payout on ernings is currently 44.80%, which is higher than the market average, but lower than companies of Utilities industry, which are 39.87% and 56.39% respectively. Both figures show that Veolia Environnement should not have problems to continue paying 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 Veolia Environnement is EUR 4.92 per share, which is higher than the dividend per share paid by the company of EUR 1.12, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Veolia Environnement, compared againt world market average, France companies, Utilities industry and Gas Water and Multiutilities sector companies.
Veolia Environnement Dividend History
Below you will find a table with the historical evolution of Veolia Environnement'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 | 4.07% | 1.12 | 44.80% | 702 |
2022 | 4.17% | 1.00 | 64.10% | 688 |
2021 | 1.82% | 0.59 | 54.63% | 675 |
2020 | 2.50% | 0.50 | 22.22% | 555 |
2019 | 3.88% | 0.92 | 51.98% | 553 |
2018 | 4.68% | 0.84 | 48.28% | 550 |
2017 | 3.76% | 0.80 | 46.24% | 548 |
2016 | 4.48% | 0.73 | 46.20% | 548 |
2015 | 3.09% | 0.70 | 57.85% | 548 |
*In millions
Then you can see the evolution of Veolia Environnement dividend stock, and compare it with the average of France stocks and that of the Gas Water and Multiutilities stocks.
Veolia Environnement Stock performance
Finally, last moth Veolia Environnement showed a return of -4.00% compared to a worldwide -2.16% average, and a -1.24% of Utilities firms. Over the last year, the company obtained a 5.80% versus a worldwide performance of a 0.43%. More detailed information can be seen in the following graph for France and Gas Water and Multiutilities firms.