Compagnie Générale des Établissements Michelin Société en commandite par actions Dividends and Buybacks
Dividend criteria checks 4/6
Compagnie Générale des Établissements Michelin Société en commandite par actions is a dividend paying company with a current yield of 4.04% that is well covered by earnings.
Key information
4.0%
Dividend yield
0.06%
Buyback Yield
| Total Shareholder Yield | 4.1% |
| Future Dividend Yield | 6.2% |
| Dividend Growth | -1.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 44% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ML's dividend payments have been volatile in the past 10 years.
Growing Dividend: ML's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Compagnie Générale des Établissements Michelin Société en commandite par actions Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ML) | 4.0% |
| Market Bottom 25% (CH) | 2.0% |
| Market Top 25% (CH) | 4.4% |
| Industry Average (Auto Components) | 4.1% |
| Analyst forecast (ML) (up to 3 years) | 6.2% |
Notable Dividend: ML's dividend (4.04%) is higher than the bottom 25% of dividend payers in the Swiss market (1.94%).
High Dividend: ML's dividend (4.04%) is low compared to the top 25% of dividend payers in the Swiss market (4.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.6%), ML's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49.1%), ML's dividend payments are well covered by cash flows.