Société Générale Société anonyme Dividend
Dividend criteria checks 4/6
Société Générale Société anonyme is a dividend paying company with a current yield of 3.56% that is well covered by earnings. Next payment date is on 29th May, 2024 with an ex-dividend date of 27th May, 2024.
Key information
3.6%
Dividend yield
41%
Payout ratio
| Industry average yield | 4.7% |
| Next dividend pay date | 29 May 24 |
| Ex dividend date | 27 May 24 |
| Dividend per share | n/a |
| Earnings per share | Mex$2.17 |
| Dividend yield forecast in 3Y | 6.5% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GLE N's dividend payments have been volatile in the past 10 years.
Growing Dividend: GLE N's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Société Générale Société anonyme Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GLE N) | 3.6% |
| Market Bottom 25% (MX) | 2.2% |
| Market Top 25% (MX) | 6.5% |
| Industry Average (Banks) | 4.7% |
| Analyst forecast in 3 Years (GLE N) | 6.5% |
Notable Dividend: GLE N's dividend (3.56%) is higher than the bottom 25% of dividend payers in the MX market (2.38%).
High Dividend: GLE N's dividend (3.56%) is low compared to the top 25% of dividend payers in the MX market (6.57%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.5%), GLE N's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: GLE N's dividends in 3 years are forecast to be well covered by earnings (26.9% payout ratio).