Hexcel Dividend
Dividend criteria checks 2/6
Hexcel is a dividend paying company with a current yield of 0.91% that is well covered by earnings. Next payment date is on 10th May, 2024 with an ex-dividend date of 2nd May, 2024.
Key information
0.9%
Dividend yield
45%
Payout ratio
Industry average yield | 1.0% |
Next dividend pay date | 10 May 24 |
Ex dividend date | 02 May 24 |
Dividend per share | n/a |
Earnings per share | €1.20 |
Dividend yield forecast in 3Y | 1.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HXL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: HXL's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Hexcel Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (HXL) | 0.9% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.7% |
Industry Average (Aerospace & Defense) | 1.0% |
Analyst forecast in 3 Years (HXL) | 1.2% |
Notable Dividend: HXL's dividend (0.91%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.67%).
High Dividend: HXL's dividend (0.91%) is low compared to the top 25% of dividend payers in the German market (4.7%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (44.5%), HXL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32.2%), HXL's dividend payments are well covered by cash flows.