Evonik Industries Dividend
Dividend criteria checks 5/6
Evonik Industries is a dividend paying company with a current yield of 6.09%. Next payment date is on 7th June, 2024 with an ex-dividend date of 5th June, 2024.
Key information
6.1%
Dividend yield
-117%
Payout ratio
| Industry average yield | 2.9% |
| Next dividend pay date | 07 Jun 24 |
| Ex dividend date | 05 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | -€1.00 |
| Dividend yield forecast in 3Y | 6.2% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: EVKD's dividends per share have been stable in the past 10 years.
Growing Dividend: EVKD's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Evonik Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (EVKD) | 6.1% |
| Market Bottom 25% (GB) | 2.2% |
| Market Top 25% (GB) | 5.8% |
| Industry Average (Chemicals) | 2.9% |
| Analyst forecast in 3 Years (EVKD) | 6.2% |
Notable Dividend: EVKD's dividend (6.09%) is higher than the bottom 25% of dividend payers in the UK market (2.17%).
High Dividend: EVKD's dividend (6.09%) is in the top 25% of dividend payers in the UK market (5.84%)
Earnings Payout to Shareholders
Earnings Coverage: EVKD is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (68.1%), EVKD's dividend payments are covered by cash flows.