EssilorLuxottica Société anonyme Dividend
Dividend criteria checks 4/6
EssilorLuxottica Société anonyme is a dividend paying company with a current yield of 1.96% that is well covered by earnings. Next payment date is on 3rd June, 2024 with an ex-dividend date of 6th May, 2024.
Key information
2.0%
Dividend yield
77%
Payout ratio
Industry average yield | 1.7% |
Next dividend pay date | 03 Jun 24 |
Ex dividend date | 06 May 24 |
Dividend per share | n/a |
Earnings per share | €5.06 |
Dividend yield forecast in 3Y | 2.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1EL's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1EL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
EssilorLuxottica Société anonyme Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (1EL) | 2.0% |
Market Bottom 25% (IT) | 1.9% |
Market Top 25% (IT) | 5.7% |
Industry Average (Medical Equipment) | 1.7% |
Analyst forecast in 3 Years (1EL) | 2.4% |
Notable Dividend: 1EL's dividend (1.96%) is higher than the bottom 25% of dividend payers in the Italian market (1.92%).
High Dividend: 1EL's dividend (1.96%) is low compared to the top 25% of dividend payers in the Italian market (5.66%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (77.3%), 1EL's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (53.6%), 1EL's dividend payments are covered by cash flows.