Klöckner & Co is a dividend paying company with a current yield of 3.02%. Next payment date is on 28th May, 2024 with an ex-dividend date of 24th May, 2024.
Key information
3.0%
Dividend yield
-1,880%
Payout ratio
Industry average yield
2.2%
Next dividend pay date
28 May 24
Ex dividend date
24 May 24
Dividend per share
n/a
Earnings per share
-€0.011
Dividend yield forecast in 3Y
3.9%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: KCO has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: KCO has only been paying a dividend for 9 years, and since then payments have not increased.
Dividend Yield vs Market
Klöckner & Co Dividend Yield vs Market
How does KCO dividend yield compare to the market?
Segment
Dividend Yield
Company (KCO)
3.0%
Market Bottom 25% (DE)
1.6%
Market Top 25% (DE)
4.7%
Industry Average (Trade Distributors)
2.2%
Analyst forecast in 3 Years (KCO)
3.9%
Notable Dividend: KCO's dividend (3.02%) is higher than the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: KCO's dividend (3.02%) is low compared to the top 25% of dividend payers in the German market (4.67%).
Earnings Payout to Shareholders
Earnings Coverage: KCO is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (8.5%), KCO's dividend payments are thoroughly covered by cash flows.