Compagnie Générale des Établissements Michelin Société en commandite par actions Dividends and Buybacks
Dividend criteria checks 5/6
Compagnie Générale des Établissements Michelin Société en commandite par actions is a dividend paying company with a current yield of 4.38% that is well covered by earnings.
Key information
4.4%
Dividend yield
0.9%
Buyback Yield
| Total Shareholder Yield | 5.2% |
| Future Dividend Yield | 6.0% |
| Dividend Growth | 3.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.454 |
| Payout ratio | 50% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MGDD.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: MGDD.Y's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Compagnie Générale des Établissements Michelin Société en commandite par actions Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MGDD.Y) | 4.4% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Auto Components) | 2.4% |
| Analyst forecast (MGDD.Y) (up to 3 years) | 6.0% |
Notable Dividend: MGDD.Y's dividend (4.38%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: MGDD.Y's dividend (4.38%) is in the top 25% of dividend payers in the US market (4.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.2%), MGDD.Y's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32.5%), MGDD.Y's dividend payments are well covered by cash flows.