GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Lanxess AG (OTCPK:LNXSF) » Definitions » Forward Dividend Yield %

Lanxess AG (Lanxess AG) Forward Dividend Yield % : 0.38% (As of Apr. 29, 2024)


View and export this data going back to 2005. Start your Free Trial

What is Lanxess AG Forward Dividend Yield %?

As of today (2024-04-29), the Forward Annual Dividend Yield of Lanxess AG is 0.38%.

As of today (2024-04-29), the Trailing Annual Dividend Yield of Lanxess AG is 4.00%.

LNXSF's Forward Dividend Yield % is ranked worse than
90.18% of 1039 companies
in the Chemicals industry
Industry Median: 2.03 vs LNXSF: 0.38

Lanxess AG's Dividends per Share for the three months ended in Sep. 2023 was $0.00.

During the past 3 years, the average Dividends Per Share Growth Rate was 5.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Lanxess AG was 26.00% per year. The lowest was -16.20% per year. And the median was 10.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Lanxess AG's Forward Dividend Yield %

For the Specialty Chemicals subindustry, Lanxess AG's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lanxess AG's Forward Dividend Yield % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lanxess AG's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Lanxess AG's Forward Dividend Yield % falls into.



Lanxess AG Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Lanxess AG Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
EUR 1.0502023-05-252023-05-262023-05-30Cash DividendannuallyEUR:USD 1.086957

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Lanxess AG's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.14130485/28.12
=4.06 %

Current Share Price is $28.12.
Lanxess AG's Dividends per Share for the forward twelve months is calculated as $1.14130485 * 1 = $1.14130485.

Lanxess AG's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.14130485/28.12
=4.06 %

Current Share Price is $28.12.
Lanxess AG's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.14130485.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Lanxess AG  (OTCPK:LNXSF) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Lanxess AG Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Lanxess AG's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Lanxess AG (Lanxess AG) Business Description

Address
Kennedyplatz 1, Cologne, DEU, 50569
Lanxess is a German chemical company that was originally spun out of Bayer. Lanxess has visibly decommoditised its portfolio in recent years by divesting its synthetic rubber business and is moving toward becoming a specialty chemicals company in the fields of consumer protection chemicals, specialty additives, intermediates, and engineering plastics.

Lanxess AG (Lanxess AG) Headlines

From GuruFocus

Polari Global Value Fund: Second-Quarter Commentary

By cody56 CodyEustice 07-30-2015

Bernard Horn's Polaris Global Value Fund 3rd Quarter Commentary

By Holly LaFon Holly LaFon 10-14-2016

Bernard Horn Comments on LANXESS

By Vera Yuan Vera Yuan 08-07-2014