LVMH Moët Hennessy - Louis Vuitton, Société Européenne
BATS-CHIXE:MCP Stock Report
Market Cap: €291.2b
LVMH Moët Hennessy - Louis Vuitton Société Européenne Dividends and Buybacks
Dividend criteria checks 4/6
LVMH Moët Hennessy - Louis Vuitton Société Européenne is a dividend paying company with a current yield of 2.23% that is well covered by earnings. Next payment date is on 4th December, 2024 with an ex-dividend date of 2nd December, 2024.
Key information
2.2%
Dividend yield
0.07%
Buyback Yield
Total Shareholder Yield
2.3%
Future Dividend Yield
2.6%
Dividend Growth
-3.3%
Next dividend pay date
04 Dec 24
Ex dividend date
02 Dec 24
Dividend per share
€13.000
Payout ratio
47%
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MCP's dividend payments have been volatile in the past 10 years.
Growing Dividend: MCP's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
LVMH Moët Hennessy - Louis Vuitton Société Européenne Dividend Yield vs Market
How does MCP dividend yield compare to the market?
Segment
Dividend Yield
Company (MCP)
2.2%
Market Bottom 25% (GB)
2.1%
Market Top 25% (GB)
5.9%
Industry Average (Luxury)
1.9%
Analyst forecast (MCP) (up to 3 years)
2.6%
Notable Dividend: MCP's dividend (2.23%) is higher than the bottom 25% of dividend payers in the UK market (2.11%).
High Dividend: MCP's dividend (2.23%) is low compared to the top 25% of dividend payers in the UK market (5.87%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.5%), MCP's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (54.3%), MCP's dividend payments are covered by cash flows.