Dow Dividend
Dividend criteria checks 2/6
Dow is a dividend paying company with a current yield of 5.67%. Next payment date is on 13th December, 2024 with an ex-dividend date of 29th November, 2024.
Key information
5.7%
Dividend yield
187%
Payout ratio
| Industry average yield | 5.0% |
| Next dividend pay date | 13 Dec 24 |
| Ex dividend date | 29 Nov 24 |
| Dividend per share | €2.800 |
| Earnings per share | €1.50 |
| Future Dividend Yield | 6.1% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 2OY has been paying a dividend for less than 10 years.
Growing Dividend: 2OY has only been paying a dividend for 6 years, and since then payments have not increased.
Dividend Yield vs Market
| Dow Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (2OY) | 5.7% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Chemicals) | 5.0% |
| Analyst forecast (2OY) (up to 3 years) | 6.1% |
Notable Dividend: 2OY's dividend (5.67%) is higher than the bottom 25% of dividend payers in the German market (1.58%).
High Dividend: 2OY's dividend (5.67%) is in the top 25% of dividend payers in the German market (4.78%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (187.3%), 2OY's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (398.2%), 2OY's dividend payments are not well covered by cash flows.