Compagnie Générale des Établissements Michelin Société en commandite par actions Dividend
Dividend criteria checks 4/6
Compagnie Générale des Établissements Michelin Société en commandite par actions is a dividend paying company with a current yield of 3.73% that is well covered by earnings.
Key information
3.7%
Dividend yield
49%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$2.77 |
Dividend yield forecast in 3Y | 5.0% |
Recent dividend 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 |
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Segment | Dividend Yield |
---|---|
Company (MGDD.Y) | 3.7% |
Market Bottom 25% (US) | 1.6% |
Market Top 25% (US) | 4.8% |
Industry Average (Auto Components) | 2.1% |
Analyst forecast in 3 Years (MGDD.Y) | 5.0% |
Notable Dividend: MGDD.Y's dividend (3.73%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: MGDD.Y's dividend (3.73%) is low compared to the top 25% of dividend payers in the US market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.7%), MGDD.Y's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.6%), MGDD.Y's dividend payments are well covered by cash flows.