Westag Dividend
Dividend criteria checks 2/6
Westag is a dividend paying company with a current yield of 2.83%. Next payment date is on 27th May, 2024 with an ex-dividend date of 23rd May, 2024.
Key information
2.8%
Dividend yield
150%
Payout ratio
| Industry average yield | 4.7% |
| Next dividend pay date | 27 May 24 |
| Ex dividend date | 23 May 24 |
| Dividend per share | n/a |
| Earnings per share | €0.60 |
| Dividend yield forecast in 3Y | n/a |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: WUG's dividend payments have been volatile in the past 10 years.
Growing Dividend: WUG's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Westag Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (WUG) | 2.8% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.7% |
| Industry Average (Building) | 4.7% |
| Analyst forecast in 3 Years (WUG) | n/a |
Notable Dividend: WUG's dividend (2.83%) is higher than the bottom 25% of dividend payers in the German market (1.67%).
High Dividend: WUG's dividend (2.83%) is low compared to the top 25% of dividend payers in the German market (4.7%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (150.1%), WUG's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.7%), WUG's dividend payments are well covered by cash flows.