LVMH Moët Hennessy - Louis Vuitton, Société Européenne
BIT:1MC Stock Report
Market Cap: €294.8b
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 2.22% 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
-3.1%
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: 1MC's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1MC'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 1MC dividend yield compare to the market?
Segment
Dividend Yield
Company (1MC)
2.2%
Market Bottom 25% (IT)
2.0%
Market Top 25% (IT)
5.6%
Industry Average (Luxury)
2.1%
Analyst forecast (1MC) (up to 3 years)
2.6%
Notable Dividend: 1MC's dividend (2.22%) is higher than the bottom 25% of dividend payers in the Italian market (1.98%).
High Dividend: 1MC's dividend (2.22%) is low compared to the top 25% of dividend payers in the Italian market (5.61%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.5%), 1MC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (54.3%), 1MC's dividend payments are covered by cash flows.