Compagnie Générale des Établissements Michelin Société en commandite par actions Dividends and Buybacks
Dividend criteria checks 4/6
Compagnie Générale des Établissements Michelin Société en commandite par actions is a dividend paying company with a current yield of 4.24% that is well covered by earnings.
Key information
4.2%
Dividend yield
0.8%
Buyback Yield
| Total Shareholder Yield | 5.1% |
| Future Dividend Yield | 5.8% |
| Dividend Growth | 3.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €1.350 |
| Payout ratio | 50% |
Recent dividend and buyback updates
Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML) Is Increasing Its Dividend To €1.35
May 14
Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML) Is Increasing Its Dividend To €1.35
Apr 25Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML) Is Paying Out A Larger Dividend Than Last Year
Apr 11Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML) Is Increasing Its Dividend To €1.35
Mar 26Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML) Is Increasing Its Dividend To €1.35
Feb 29Recent updates
Here's Why Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML) Can Manage Its Debt Responsibly
Nov 01Should You Think About Buying Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML) Now?
Oct 16Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML) Has Some Way To Go To Become A Multi-Bagger
Sep 16Estimating The Intrinsic Value Of Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML)
Sep 02Results: Compagnie Générale des Établissements Michelin Société en commandite par actions Exceeded Expectations And The Consensus Has Updated Its Estimates
Jul 27Is Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML) A Risky Investment?
Jun 18Investors Aren't Entirely Convinced By Compagnie Générale des Établissements Michelin Société en commandite par actions' (EPA:ML) Earnings
Jun 03Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML) Is Increasing Its Dividend To €1.35
May 14We Think The Compensation For Compagnie Générale des Établissements Michelin Société en commandite par actions' (EPA:ML) CEO Looks About Right
May 11Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML) Is Increasing Its Dividend To €1.35
Apr 25We Think Compagnie Générale des Établissements Michelin Société en commandite par actions' (EPA:ML) Healthy Earnings Might Be Conservative
Apr 15Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML) Is Paying Out A Larger Dividend Than Last Year
Apr 11Why Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML) Could Be Worth Watching
Apr 08Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML) Is Increasing Its Dividend To €1.35
Mar 26Compagnie Générale des Établissements Michelin Société en commandite par actions (EPA:ML) Is Increasing Its Dividend To €1.35
Feb 29Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ML's dividend payments have been volatile in the past 10 years.
Growing Dividend: ML's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Compagnie Générale des Établissements Michelin Société en commandite par actions Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ML) | 4.2% |
| Market Bottom 25% (FR) | 2.1% |
| Market Top 25% (FR) | 5.9% |
| Industry Average (Auto Components) | 4.4% |
| Analyst forecast (ML) (up to 3 years) | 5.8% |
Notable Dividend: ML's dividend (4.24%) is higher than the bottom 25% of dividend payers in the French market (2.07%).
High Dividend: ML's dividend (4.24%) is low compared to the top 25% of dividend payers in the French market (5.88%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.2%), ML's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32.4%), ML's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 18:17 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Compagnie Générale des Établissements Michelin Société en commandite par actions is covered by 45 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Hans-Peter Wodniok | AlphaValue |
| Kristina Church | Barclays |
| Erwann Dagorne | Barclays |