How much dividend does Covestro pay?
Over the past 12 months, Covestro paid a dividend of 3.4 EUR . This corresponds to a dividend yield of about 5.93 %. For the coming 12 months, Covestro is expected to pay a dividend of 1.26 EUR.
Covestro Dividend 2024
Covestro Dividend
0 EUR
Covestro Dividend yield
5.93 %
Ticker
1COV.DE
ISIN
DE0006062144
WKN
606214
How much dividend does Covestro 2024 pay?
According to the latest status from November 2024, Covestro paid a total of 0 EUR per share in dividends within the last 12 months. With the current Covestro price of 57.3 EUR, this corresponds to a dividend yield of 0 %. A dividend is paid 1 times per year.
| 5.93 % Dividend Yield | = |
|
Historical Covestro Dividends
A dividend is paid 1 times per year. Last year, the payout months were and .
| Paydate | Dividend |
|---|---|
| 5/22/2022 | 3.4 |
| 5/21/2021 | 3.4 |
| 5/19/2021 | 1.3 |
| 8/31/2020 | 1.2 |
| 5/15/2019 | 2.4 |
| 5/16/2018 | 2.2 |
| 6/4/2017 | 1.35 |
| 6/4/2016 | 0.7 |
| 6/4/2015 | 0.7 |
1
Covestro dividend history and estimates DE0006062144 · 606214
In 2023, Covestro paid a dividend amounting to 0 EUR. Dividend means that Covestro distributes a portion of its profits to its owners.
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Dividend
ⓘDividend Overview
The dividend per year chart for Covestro provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.
Interpretation and Use
A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Covestro’s potential for long-term investment and income generation through dividends.
Investment Strategy
Incorporate the dividend data in evaluating Covestro's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.
Covestro Dividend History
| Date | Covestro Dividend |
|---|---|
| 2029e | 2.8 EUR |
| 2028e | 2.88 EUR |
| 2027e | 2.55 EUR |
| 2026e | 2.04 EUR |
| 2025e | 1.26 EUR |
| 2024e | -0.11 EUR |
| 2022 | 3.4 EUR |
| 2021 | 4.7 EUR |
| 2020 | 1.2 EUR |
| 2019 | 2.4 EUR |
| 2018 | 2.2 EUR |
| 2017 | 1.35 EUR |
| 2016 | 0.7 EUR |
| 2015 | 0.7 EUR |
| Dividend | Dividend (Estimate) | |
|---|---|---|
| 2014 | 0 EUR | 0 EUR |
| 2015 | 0.7 EUR | 0 EUR |
| 2016 | 0.7 EUR | 0 EUR |
| 2017 | 1.35 EUR | 0 EUR |
| 2018 | 2.2 EUR | 0 EUR |
| 2019 | 2.4 EUR | 0 EUR |
| 2020 | 1.2 EUR | 0 EUR |
| 2021 | 4.7 EUR | 0 EUR |
| 2022 | 3.4 EUR | 0 EUR |
| 2023 | 0 EUR | 0 EUR |
| 2024e | 0 EUR | -0.11 EUR |
| 2025e | 0 EUR | 1.26 EUR |
| 2026e | 0 EUR | 2.04 EUR |
| 2027e | 0 EUR | 2.55 EUR |
| 2028e | 0 EUR | 2.88 EUR |
| 2029e | 0 EUR | 2.8 EUR |
Is the Covestro Dividend Safe?
Covestro has been increasing the dividend for 2 years.
Over the past 10 years, Covestro has increased it by an annual 0 %.
Over a five-year period, the distribution increased by 0%.
Analysts expect a Dividend Cut of 0% for the current fiscal year.
Covestro dividend payout ratio DE0006062144 · 606214
In 2023, Covestro had a payout ratio of 61.32%. The payout ratio indicates the percentage of the company's profits that Covestro distributes as dividends.
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ⓘWhat is Yearly Payout Ratio?
The yearly payout ratio for Covestro represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.
How to Interpret the Data
A lower payout ratio for Covestro could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.
Using the Data for Investments
Evaluate Covestro's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.
Covestro Payout Ratio History
| Date | Covestro Payout ratio |
|---|---|
| 2029e | 57.53 % |
| 2028e | 57.55 % |
| 2027e | 56.98 % |
| 2026e | 58.07 % |
| 2025e | 57.6 % |
| 2024e | 55.28 % |
| 2023 | 61.32 % |
| 2022 | -238.67 % |
| 2021 | 56.18 % |
| 2020 | 48.34 % |
| 2019 | 79.45 % |
| 2018 | 23.26 % |
| 2017 | 13.6 % |
| 2016 | 17.83 % |
| 2015 | 41.33 % |
| 2014 | 61.32 % |
| Payout ratio | |
|---|---|
| 2014 | 61.32 % |
| 2015 | 41.33 % |
| 2016 | 17.83 % |
| 2017 | 13.6 % |
| 2018 | 23.26 % |
| 2019 | 79.45 % |
| 2020 | 48.34 % |
| 2021 | 56.18 % |
| 2022 | -238.67 % |
| 2023 | 61.32 % |
| 2024e | 55.28 % |
| 2025e | 57.6 % |
| 2026e | 58.07 % |
| 2027e | 56.98 % |
| 2028e | 57.55 % |
| 2029e | 57.53 % |
Covestro revenue by segment
47 % Polyurethanes
28 % Polycarbonates
19 % Coating, Adhesives, Specialties
6 % All Other
Dividend Details
Understanding Covestro's Dividend Distributions
Covestro’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.
Year-to-Year Comparison
Examining Covestro's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.
Impact on Investments
Covestro's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.
Interpreting Dividend Fluctuations
Changes in Covestro’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.
Covestro Aktienanalyse
What does Covestro do?
Covestro AG is a leading company in the development and manufacturing of high-tech polymer materials. It was originally founded as Bayer MaterialScience in 2003 and spun off as Covestro AG independent from its parent company Bayer in 2015. Its focus is on sustainable solutions for the needs of customers in various industries. History: Covestro AG has a long history. It was founded in 1937 as part of the Bayer Group. Since the 1950s, the company has been focused on plastics production. Over the following decades, it continuously expanded its product portfolio and became a leading manufacturer of polymer materials for various industries. Business model: As a leading company in polymer solutions, Covestro offers a wide range of products for different industrial sectors. Customers can find suitable solutions for their diverse requirements. The showcase includes polycarbonates (PC), polyurethanes (PU), and raw materials for PU systems, polyesters, and coatings. The company is committed to research and development of new technologies for sustainability and environmental protection and invests in new products, process innovations, and business models. It works closely with customers, suppliers, and partners. Segments: Covestro has three main segments: polycarbonates, polyurethanes, and coatings, adhesives & specialties. These segments form the foundation for the various plastic products that the company manufactures and distributes. Covestro's polycarbonate segment is dedicated to the production of polycarbonate sheets, films, and molded parts. Polycarbonate is a lightweight, flexible, and impact-resistant plastic used in many different industries, including electronics, construction, automotive, and medical. The polyurethane segment manufactures polyurethane raw materials for flexible, rigid, and high-insulating PU foams, including the construction industry. PU materials are used in a variety of applications, including car seats, mattresses, and insulation. Covestro's coatings, adhesives & specialties segment encompasses a variety of materials used in the automotive, electronics, furniture, and construction industries. This includes coatings and adhesives, as well as polycarbonate films for electronic devices. Products: Covestro AG offers a wide range of products, including: - Polycarbonate sheets, films, and molded parts for the automotive, electronics, construction, sports, medical, and packaging industries. - Polyurethane raw materials for flexible, rigid, and high-insulating PU foams such as mattresses, insulation, and car seats. - Raw materials for PU systems, such as PU foams, paints, and adhesives. - Specialty coatings and adhesives for the automotive, electronics, furniture, and construction industries. - Raw materials for polyester resins, cleaning and degreasing agents, textile, and paper coatings. Conclusion: Covestro AG is a global company focused on the development and manufacturing of polymer solutions for various industries. The company has a long history in the chemical industry and offers a wide range of products. It maintains close contact with its customers to meet their requirements and needs. Covestro AG also conducts innovative research and development activities to create new technologies and products to achieve sustainability goals. Covestro is one of the most popular companies on Eulerpool.com.Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
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Frequently Asked Questions about Covestro stock
What is the dividend yield of Covestro?
The current dividend yield of Covestro is 5.93 %.
When does Covestro pay dividends?
Covestro pays a quarterly dividend. This is distributed in the months of August, May, May, May.
How secure is the dividend of Covestro?
Covestro paid dividends every year for the past 5 years.
What is the dividend of Covestro?
For the upcoming 12 months, dividends amounting to 1.26 EUR are expected. This corresponds to a dividend yield of 2.2 %.
In which sector is Covestro located?
Covestro is assigned to the 'Commodities' sector.
Wann musste ich die Aktien von Covestro kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Covestro from 4/26/2022 amounting to 3.4 EUR, you needed to have the stock in your portfolio before the ex-date on 4/22/2022.
When did Covestro pay the last dividend?
The last dividend was paid out on 4/26/2022.
What was the dividend of Covestro in the year 2023?
In the year 2023, Covestro distributed 3.4 EUR as dividends.
In which currency does Covestro pay out the dividend?
The dividends of Covestro are distributed in EUR.
Andere Kennzahlen von Covestro
Our stock analysis for Covestro Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Covestro Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
