Knorr-Bremse is a dividend paying company with a current yield of 2.34% 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
2.3%
Dividend yield
48%
Payout ratio
Industry average yield
3.3%
Next dividend pay date
06 May 24
Ex dividend date
02 May 24
Dividend per share
n/a
Earnings per share
€3.43
Dividend yield forecast in 3Y
3.1%
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
How does KBX dividend yield compare to the market?
Segment
Dividend Yield
Company (KBX)
2.3%
Market Bottom 25% (DE)
1.7%
Market Top 25% (DE)
4.8%
Industry Average (Machinery)
3.3%
Analyst forecast in 3 Years (KBX)
3.1%
Notable Dividend: KBX's dividend (2.34%) is higher than the bottom 25% of dividend payers in the German market (1.66%).
High Dividend: KBX's dividend (2.34%) is low compared to the top 25% of dividend payers in the German market (4.76%).
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.