Knorr-Bremse Dividend
Dividend criteria checks 3/6
Knorr-Bremse is a dividend paying company with a current yield of 2.37% 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 | 2.1% |
| Next dividend pay date | 06 May 24 |
| Ex dividend date | 02 May 24 |
| Dividend per share | n/a |
| Earnings per share | CHF3.43 |
| Dividend yield forecast in 3Y | 3.2% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (KBX) | 2.4% |
| Market Bottom 25% (CH) | 2.1% |
| Market Top 25% (CH) | 4.2% |
| Industry Average (Machinery) | 2.1% |
| Analyst forecast in 3 Years (KBX) | 3.2% |
Notable Dividend: KBX's dividend (2.37%) is higher than the bottom 25% of dividend payers in the Swiss market (2.01%).
High Dividend: KBX's dividend (2.37%) is low compared to the top 25% of dividend payers in the Swiss market (4.15%).
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.