Coca-Cola Europacific Partners is a dividend paying company with a current yield of 2.76% that is well covered by earnings. Next payment date is on 23rd May, 2024 with an ex-dividend date of 9th May, 2024.
Key information
2.8%
Dividend yield
51%
Payout ratio
Industry average yield
2.3%
Next dividend pay date
23 May 24
Ex dividend date
09 May 24
Dividend per share
n/a
Earnings per share
€3.63
Dividend yield forecast in 3Y
3.5%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CCEP has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CCEP's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Coca-Cola Europacific Partners Dividend Yield vs Market
How does CCEP dividend yield compare to the market?
Segment
Dividend Yield
Company (CCEP)
2.8%
Market Bottom 25% (ES)
2.3%
Market Top 25% (ES)
5.8%
Industry Average (Beverage)
2.3%
Analyst forecast in 3 Years (CCEP)
3.5%
Notable Dividend: CCEP's dividend (2.76%) is higher than the bottom 25% of dividend payers in the Spanish market (2.27%).
High Dividend: CCEP's dividend (2.76%) is low compared to the top 25% of dividend payers in the Spanish market (5.81%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.6%), CCEP's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (41%), CCEP's dividend payments are well covered by cash flows.