Klöckner & Co Dividend
Dividend criteria checks 2/6
Klöckner & Co is a dividend paying company with a current yield of 3.05%. Next payment date is on 28th May, 2024 with an ex-dividend date of 24th May, 2024.
Key information
3.1%
Dividend yield
-1,880%
Payout ratio
| Industry average yield | 2.1% |
| Next dividend pay date | 28 May 24 |
| Ex dividend date | 24 May 24 |
| Dividend per share | n/a |
| Earnings per share | -€0.011 |
| Dividend yield forecast in 3Y | 3.9% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: KCO has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: KCO has only been paying a dividend for 9 years, and since then payments have not increased.
Dividend Yield vs Market
| Klöckner & Co Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (KCO) | 3.1% |
| Market Bottom 25% (AT) | 1.9% |
| Market Top 25% (AT) | 5.9% |
| Industry Average (Trade Distributors) | 2.1% |
| Analyst forecast in 3 Years (KCO) | 3.9% |
Notable Dividend: KCO's dividend (3.05%) is higher than the bottom 25% of dividend payers in the Austrian market (1.93%).
High Dividend: KCO's dividend (3.05%) is low compared to the top 25% of dividend payers in the Austrian market (5.91%).
Earnings Payout to Shareholders
Earnings Coverage: KCO is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (8.5%), KCO's dividend payments are thoroughly covered by cash flows.