Thales Dividends and Buybacks

Dividend criteria checks 4/6

Thales is a dividend paying company with a current yield of 2.49% that is well covered by earnings.

Key information

2.5%

Dividend yield

1.6%

Buyback Yield

Total Shareholder Yield	4.1%
Future Dividend Yield	3.4%
Dividend Growth	1.3%
Next dividend pay date	n/a
Ex dividend date	n/a
Dividend per share	€3.450
Payout ratio	75%

Recent dividend and buyback updates

Recent updates

Thales' (EPA:HO) Dividend Will Be €0.85

Nov 19

Thales (EPA:HO) Is Due To Pay A Dividend Of €0.85

Oct 26

Thales (EPA:HO) Will Pay A Dividend Of €0.85

Oct 12

Thales S.A.'s (EPA:HO) Price In Tune With Earnings

Oct 03

Is Thales (EPA:HO) A Risky Investment?

Sep 12

We Think Thales S.A.'s (EPA:HO) CEO Compensation Looks Fair

May 09

Thales (EPA:HO) Is Increasing Its Dividend To €2.60

Apr 25

Thales' (EPA:HO) Shareholders Will Receive A Bigger Dividend Than Last Year

Apr 09

Thales (EPA:HO) Will Pay A Larger Dividend Than Last Year At €2.60

Mar 26

Some Investors May Be Willing To Look Past Thales' (EPA:HO) Soft Earnings

Mar 13

Thales (EPA:HO) Is Increasing Its Dividend To €2.60

Mar 08

Is There An Opportunity With Thales S.A.'s (EPA:HO) 23% Undervaluation?

Jan 29

Thales S.A.'s (EPA:HO) Popularity With Investors Is Under Threat From Overpricing

Jan 03

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: HO's dividend payments have been volatile in the past 10 years.

Growing Dividend: HO's dividend payments have increased over the past 10 years.

Dividend Yield vs Market

Thales Dividend Yield vs Market

How does HO dividend yield compare to the market?
Segment	Dividend Yield
Company (HO)	2.5%
Market Bottom 25% (FR)	2.0%
Market Top 25% (FR)	5.8%
Industry Average (Aerospace & Defense)	1.3%
Analyst forecast (HO) (up to 3 years)	3.4%

Notable Dividend: HO's dividend (2.49%) is higher than the bottom 25% of dividend payers in the French market (2.04%).

High Dividend: HO's dividend (2.49%) is low compared to the top 25% of dividend payers in the French market (5.79%).

Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (74.8%), HO's dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (86.4%), HO's dividend payments are covered by cash flows.

Discover strong dividend paying companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/31 00:37
End of Day Share Price	2024/12/31 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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Thales S.A. is covered by 38 analysts. 14 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
Thomas Picherit	AlphaValue
Joseph Campbell	Barclays
Milene Kerner	Barclays

Thales Dividends and Buybacks

Dividend criteria checks 4/6

Key information

Recent dividend and buyback updates

Upcoming dividend of €0.85 per share

Thales' (EPA:HO) Dividend Will Be €0.85

Thales (EPA:HO) Is Due To Pay A Dividend Of €0.85

Thales (EPA:HO) Will Pay A Dividend Of €0.85

Upcoming dividend of €2.60 per share

Thales (EPA:HO) Is Increasing Its Dividend To €2.60

Recent updates

Thales to Enhance Vehicle Access with Reliable and Secure Contactless Solutions

Thales Unveils Data Risk Intelligence to Redefine Data Risk Visibility and Proactive Risk Mitigation

Thales S.A. to Report First Half, 2025 Results on Jul 23, 2025

Upcoming dividend of €0.85 per share

Thales' (EPA:HO) Dividend Will Be €0.85

Thales Expands CipherTrust Data Security Platform as-a-Service Offerings

Thales (EPA:HO) Is Due To Pay A Dividend Of €0.85

Thales (EPA:HO) Will Pay A Dividend Of €0.85

First half dividend increased to €0.85

Thales S.A.'s (EPA:HO) Price In Tune With Earnings

Is Thales (EPA:HO) A Risky Investment?

Thales S.A. Announces Executive Changes, Effective November 1, 2024

Thales Appoints Thomas Chatel as CEO and Country Director for Central Europe, Balkans and Moldova, Covering Austria, Czech Republic, Hungary Slovakia

First half 2024 earnings released: EPS: €3.04 (vs €2.97 in 1H 2023)

Consensus EPS estimates fall by 12%

Thales Provides Complete Passwordless Functionality for Enterprises with Passwordless 360

Hitachi Rail Limited completed the acquisition Ground Transportation Systems Business from Thales S.A. (ENXTPA:HO).

Thales Unveils FlytEDGE, a Connected Cloud-Based Inflight Entertainment System

Upcoming dividend of €2.60 per share

We Think Thales S.A.'s (EPA:HO) CEO Compensation Looks Fair

Thales (EPA:HO) Is Increasing Its Dividend To €2.60

Thales' (EPA:HO) Shareholders Will Receive A Bigger Dividend Than Last Year

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Thales S.A. (ENXTPA:HO) completed the acquisition of Cobham Aerospace Communications from Cobham Limited.

Thales (EPA:HO) Will Pay A Larger Dividend Than Last Year At €2.60

Some Investors May Be Willing To Look Past Thales' (EPA:HO) Soft Earnings

Consensus EPS estimates increase by 11%

Thales (EPA:HO) Is Increasing Its Dividend To €2.60

Final dividend increased to €2.60

New minor risk - Financial position

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Is There An Opportunity With Thales S.A.'s (EPA:HO) 23% Undervaluation?

Thales and Quantinuum Launch Starter Kit to Help Enterprises Prepare for Post-Quantum Cryptography Changes Ahead

Thales S.A. Announces Management Changes

Thales S.A.'s (EPA:HO) Popularity With Investors Is Under Threat From Overpricing

Thales S.A. (ENXTPA:HO) completed the acquisition of Imperva, Inc. from Thoma Bravo, L.P.

Thales S.A. to Report First Half, 2024 Results on Jul 22, 2024

Upcoming dividend of €0.80 per share at 2.1% yield

Thales Appoints Abdelhafid Mordi as CEO in UAE and CEO of Thales Emarat Technologies

Thales S.A., Annual General Meeting, May 15, 2024

Thales Announces Appointment of Loic Rocard to the Board of Directors

Thales Announces the Appointment of Fabien Bortoluzzi as Managing Director of Thales Operations in Western & Central Africa

Thales Launches Cloud-Based Payment HSM Service to Help Accelerate Adoption of Cloud Payments Infrastructure

Thales S.A. (ENXTPA:HO) entered into agreement to acquire Imperva, Inc. from Thoma Bravo, L.P. for an enterprise value of $3.6 billion.

First half 2023 earnings released: EPS: €2.97 (vs €2.61 in 1H 2022)

Thales S.A. Sales Earnings Guidance for the Fiscal Year 2023

Thales Announces to Expand Scope of Security Monitoring and Include New Assets in G2G System

Thales Announces CipherTrust Data Security Platform As-A-Service

Now 22% undervalued

Upcoming dividend of €2.24 per share at 2.1% yield

Now 22% undervalued

Now 22% undervalued

Full year 2022 earnings: EPS misses analyst expectations

Now 21% undervalued

Thales Reinforces Its Border & Travel Offer with the New Multimodal Biometric Pod

Upcoming dividend of €0.70 per share

Now 21% undervalued

Thales S.A. to Report First Half, 2023 Results on Jul 21, 2023

Thales Encryption Key Management Innovations Help Organizations Achieve Digital Sovereignty Across Hybrid and Multi-Cloud Environments

Thales S.A. (ENXTPA:HO) completed the acquisition of Maxive Cybersecurity from Sonae Investment Management - Software & Technology, SGPS, S.A.

Thales Announces Interim Dividend for the 2022 Financial Year, Payable on December 8, 2022

Safran to Acquire Thales' Aeronautical Electrical Systems Activities

Thales Appoints Emily Tan as Country Director for Thales Singapore

First half 2022 earnings released: EPS: €2.61 (vs €1.86 in 1H 2021)

Thales S.A. (ENXTPA:HO) signed an agreement to acquire OneWelcome B.V. for €100 million.

Thales S.A. Appoints Jeff Connolly as CEO

Thales Launches HELIXVIEW, a Revolutionary Airport Scanner Allowing Passenger to Not Remove Item from Luggage

Thales S.A. Announces the New Cinterion Mv32 Modem Card That Makes It Quicker and Easier for Manufacturers to Build and Maintain Resilient

Thales S.A. (ENXTPA:HO) entered into definitive agreement to acquire Maxive Cybersecurity from Sonae Investment Management - Software & Technology, SGPS, S.A.. for €120 million.