Celanese Dividend
Dividend criteria checks 5/6
Celanese is a dividend paying company with a current yield of 2.17% that is well covered by earnings. Next payment date is on 13th November, 2024 with an ex-dividend date of 30th October, 2024.
Key information
2.2%
Dividend yield
16%
Payout ratio
| Industry average yield | 4.9% |
| Next dividend pay date | 13 Nov 24 |
| Ex dividend date | 30 Oct 24 |
| Dividend per share | €2.800 |
| Earnings per share | €17.69 |
| Dividend yield forecast | 2.4% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: DG3's dividends per share have been stable in the past 10 years.
Growing Dividend: DG3's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Celanese Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (DG3) | 2.2% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Chemicals) | 4.9% |
| Analyst forecast (DG3) (up to 3 years) | 2.4% |
Notable Dividend: DG3's dividend (2.17%) is higher than the bottom 25% of dividend payers in the German market (1.6%).
High Dividend: DG3's dividend (2.17%) is low compared to the top 25% of dividend payers in the German market (4.85%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.8%), DG3's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (27.2%), DG3's dividend payments are well covered by cash flows.