Covestro AG (Covestro AG) Dividend Payout Ratio : 0.00 (As of Dec. 2023)

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What is Covestro AG Dividend Payout Ratio?

Covestro AG's dividend payout ratio for the months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Covestro AG's Dividend Payout Ratio or its related term are showing as below:

During the past 12 years, the highest Dividend Payout Ratio of Covestro AG was 0.79. The lowest was 0.14. And the median was 0.21.

COVTY's Dividend Payout Ratio is not ranked ^*
in the Chemicals industry.
Industry Median: 0.38
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-04-26), the Dividend Yield % of Covestro AG is 0.00%.

During the past 12 years, the highest Trailing Annual Dividend Yield of Covestro AG was 11.81%. The lowest was 0.00%. And the median was 2.90%.

Covestro AG's Dividends per Share for the months ended in Dec. 2023 was $0.00.

During the past 12 months, Covestro AG's average Dividends Per Share Growth Rate was -100.00% per year.

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Covestro AG was 50.80% per year. The lowest was -16.10% per year. And the median was 4.20% per year.

The growth rate is calculated with least square regression.

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

Covestro AG Dividend Payout Ratio Historical Data

The historical data trend for Covestro AG's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Covestro AG Dividend Payout Ratio Chart

Covestro AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.80

0.50

0.16

Covestro AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Covestro AG's Dividend Payout Ratio

For the Specialty Chemicals subindustry, Covestro AG's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Covestro AG's Dividend Payout Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Covestro AG's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Covestro AG's Dividend Payout Ratio falls into.

Covestro AG Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Covestro AG's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0	/	-0.646
	=	N/A

Covestro AG's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0	/	-0.54
	=	N/A

Covestro AG (OTCPK:COVTY) Dividend Payout Ratio Explanation

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.

Covestro AG Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Covestro AG's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Covestro AG (Covestro AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Covestro AG (OTCPK:COVTY) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

CVVTF:USA 11COV:Italy 1COVd:UK 0RBE:UK 1COV:Germany 1COV:Austria

Address

Kaiser-Wilhelm-Allee 60, Leverkusen, NW, DEU, 51373

Website

https://www.covestro.com/en

Covestro, formerly Bayer Material Science, was spun off from the Bayer Group in 2015. The firm is a market leader in polyurethanes and polycarbonates, products that the company discovered in the mid-20th century. It also has a sizable speciality chemicals business that is focused on coatings and adhesives. Demand for Covestro's products is driven primarily by cyclical end markets, such as automotive, construction, and furniture.

Covestro AG (Covestro AG) Headlines

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