Baker Hughes Dividend
Dividend criteria checks 3/6
Baker Hughes is a dividend paying company with a current yield of 2.21% that is well covered by earnings. Next payment date is on 14th November, 2024 with an ex-dividend date of 4th November, 2024.
Key information
2.2%
Dividend yield
37%
Payout ratio
| Industry average yield | 4.1% |
| Next dividend pay date | 14 Nov 24 |
| Ex dividend date | 04 Nov 24 |
| Dividend per share | CHF 0.840 |
| Earnings per share | CHF 2.26 |
| Future Dividend Yield | 2.5% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 68V has been paying a dividend for less than 10 years.
Growing Dividend: 68V's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Baker Hughes Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (68V) | 2.2% |
| Market Bottom 25% (CH) | 1.9% |
| Market Top 25% (CH) | 4.3% |
| Industry Average (Energy Services) | 4.1% |
| Analyst forecast (68V) (up to 3 years) | 2.5% |
Notable Dividend: 68V's dividend (2.21%) is higher than the bottom 25% of dividend payers in the Swiss market (1.93%).
High Dividend: 68V's dividend (2.21%) is low compared to the top 25% of dividend payers in the Swiss market (4.34%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37%), 68V's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (46.4%), 68V's dividend payments are well covered by cash flows.