Knorr-Bremse Dividend
Dividend criteria checks 3/6
Knorr-Bremse is a dividend paying company with a current yield of 2.36% that is well covered by earnings. Next payment date is on 6th May, 2024 with an ex-dividend date of 2nd May, 2024.
Key information
2.4%
Dividend yield
48%
Payout ratio
Industry average yield | 2.8% |
Next dividend pay date | 06 May 24 |
Ex dividend date | 02 May 24 |
Dividend per share | n/a |
Earnings per share | €3.43 |
Dividend yield forecast in 3Y | 3.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: KBX has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: KBX has only been paying a dividend for 5 years, and since then payments have fallen.
Dividend Yield vs Market
Knorr-Bremse Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (KBX) | 2.4% |
Market Bottom 25% (AT) | 1.9% |
Market Top 25% (AT) | 5.9% |
Industry Average (Machinery) | 2.8% |
Analyst forecast in 3 Years (KBX) | 3.2% |
Notable Dividend: KBX's dividend (2.36%) is higher than the bottom 25% of dividend payers in the Austrian market (1.91%).
High Dividend: KBX's dividend (2.36%) is low compared to the top 25% of dividend payers in the Austrian market (5.87%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47.8%), KBX's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49%), KBX's dividend payments are well covered by cash flows.