Solvay Dividend
Dividend criteria checks 3/6
Solvay is a dividend paying company with a current yield of 8.05%. Next payment date is on 5th June, 2024 with an ex-dividend date of 3rd June, 2024.
Key information
8.1%
Dividend yield
-684%
Payout ratio
Industry average yield | 5.1% |
Next dividend pay date | 05 Jun 24 |
Ex dividend date | 03 Jun 24 |
Dividend per share | n/a |
Earnings per share | -€0.35 |
Dividend yield forecast in 3Y | 8.3% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SOL's dividend payments have been volatile in the past 10 years.
Growing Dividend: SOL's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Solvay Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (SOL) | 8.1% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.8% |
Industry Average (Chemicals) | 5.1% |
Analyst forecast in 3 Years (SOL) | 8.3% |
Notable Dividend: SOL's dividend (8.05%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: SOL's dividend (8.05%) is in the top 25% of dividend payers in the German market (4.77%)
Earnings Payout to Shareholders
Earnings Coverage: SOL is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.1%), SOL's dividend payments are well covered by cash flows.