Michelin Dividend
Michelin Dividend history 25 years & estimates 2024 to 2028
Dividend Analysis of the Michelin Stock
| Current dividend yield | 3.0 % |
| Dividendenrendite 5 Jahre | 8.84 % |
| Dividend Yield 10Y | 1.55 % |
| Payout 3Y | 2.42 % |
When does Michelin pay a dividend?
The Michelin stock dividend is paid once a year. In order to receive a dividend, you should generally own the Michelin stock before the ex-dividend date. The Dividend Calendar shows that the ex-day date was last at May . The dividend from Michelin was paid in May.
| Year | Dividend | Ex-day & Payday |
Frequency | |
|---|---|---|---|---|
| Fiscal Year | Dividend per Share | Ex-Day | Payday | Payment frequency |
| 2023 |
€1.35
€1.35
|
May 22 2024
May 22 2024
May 24 2024
May 22 24
May 24 24 |
May 24 2024 |
annual
yearly
|
| 2022 |
€1.25
€1.25
|
May 17 2023
May 17 2023
May 19 2023
May 17 23
May 19 23 |
May 19 2023 |
annual
yearly
|
| 2021 |
€1.125
€1.13
|
May 17 2022
May 17 2022
May 19 2022
May 17 22
May 19 22 |
May 19 2022 |
annual
yearly
|
| 2020 |
€0.575
€0.58
|
May 25 2021
May 25 2021
May 27 2021
May 25 21
May 27 21 |
May 27 2021 |
annual
yearly
|
| 2019 |
€0.5
€0.5
|
Jul 01 2020
Jul 01 2020
Jul 03 2020
Jul 01 20
Jul 03 20 |
Jul 03 2020 |
annual
yearly
|
| 2018 |
€0.925
€0.93
|
May 21 2019
May 21 2019
May 23 2019
May 21 19
May 23 19 |
May 23 2019 |
annual
yearly
|
| 2017 |
€0.8875
€0.89
|
May 22 2018
May 22 2018
May 24 2018
May 22 18
May 24 18 |
May 24 2018 |
annual
yearly
|
| 2016 |
€0.8125
€0.81
|
May 24 2017
May 24 2017
May 26 2017
May 24 17
May 26 17 |
May 26 2017 |
annual
yearly
|
| 2015 |
€0.7125
€0.71
|
May 17 2016
May 17 2016
May 19 2016
May 17 16
May 19 16 |
May 19 2016 |
annual
yearly
|
| 2014 |
€0.625
€0.63
|
May 26 2015
May 26 2015
May 28 2015
May 26 15
May 28 15 |
May 28 2015 |
annual
yearly
|
How much dividend does Michelin pay?
Michelin paid a Dividend of €1.35 Per Share in the financial year 2023. With a stock price of €35.37 at Sep 06 2024, the current dividend yield is 3.82% (calculation: €1.35 / €35.37 = 3.82%). No special dividend was paid.
What is the Michelin Dividend Yield and payout ratio?
The average Michelin dividend yield over the last 5 years is 3.43% and the average over the last 10 years is 3.34%.
The payout ratio of Michelin in relation to the last financial year is 48.74%. The payout ratio smoothed over 3 years is 45.65%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Metric | Michelin |
|---|---|
| Current dividend yield | 3.82% |
| Dividend Yield 5Y | 3.43% |
| Dividend Yield 10Y | 3.34% |
| Payout 1Y | 48.74% |
| Payout 3Y | 45.65% |
Is the Michelin dividend safe? Continuity & Dividend Growth
Is the Michelin dividend safe?
Michelin has been paying a dividend for 25 years and has not lowered the dividend for 4 years (dividend continuity). As a result, the dividend was recently increased 4-times.
The Dividend Growth in relation to the previous financial year amounts to 8.00%. The average Michelin Dividend Growth over the last 5 years is 7.85%. The average for the last 10 years is 8.01%.
| Metric | Michelin |
|---|---|
| Increased | 4 Years |
| Continuity | 4 Years |
| Paid | 25 Years |
| Growth 1Y | 8.00% |
| Growth 5Y | 7.85% |
| Growth 10Y | 8.01% |
Continuity
Michelin has been paying a dividend for 25 years and has not lowered the dividend for 4 years (dividend continuity). As a result, the dividend was recently increased 4-times.
Dividend Growth
The Dividend Growth in relation to the previous financial year amounts to 8.00%. The average Michelin Dividend Growth over the last 5 years is 7.85%. The average for the last 10 years is 8.01%.
Michelin Stock Forecast 2024
On the stock exchange, the Michelin stock (ISIN: FR0000121261) is not traded as a top scorer in September 2024 according to the dividend strategy.
The stock price of Michelin 8.96% has risen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the Michelin stock price in real time at the top of the page.
Michelin (symbol: ML) is valued at a Price / Earnings Ratio (P/E ratio) of 13.15 and a price/sales ratio (P/S ratio) of 0.90 valued. Based on analyst estimates, the Michelin stock forecast 2024 of the current financial year corresponds to a valuation of 10.86 according to P/E ratio and 0.90 according to P/S.
| Metric | Michelin |
|---|---|
| Dividend Score | ??/15 |
| Performance 2024 |
8.96%
|
| P/E TTM | 13.15 |
| P/S TTM | 0.90 |
| P/E forward | 10.86 |
| P/S forward | 0.90 |
Michelin (symbol: ML) is valued at a Price / Earnings Ratio (P/E ratio) of 13.15 and a price/sales ratio (P/S ratio) of 0.90 valued. Based on analyst estimates, the Michelin stock forecast 2024 of the current financial year corresponds to a valuation of 10.86 according to P/E ratio and 0.90 according to P/S.
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