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Covestro AG (WBO:1COV) Dividend Yield % : 0.00% (As of Dec. 11, 2024)


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What is Covestro AG Dividend Yield %?

As of today (2024-12-11), the Trailing Annual Dividend Yield of Covestro AG is 0.00%.

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

During the past 12 years, the highest Dividend Yield of Covestro AG was 11.79%. The lowest was 0.92%. And the median was 2.90%.

WBO:1COV's Dividend Yield % is not ranked *
in the Chemicals industry.
Industry Median: 1.75
* Ranked among companies with meaningful Dividend Yield % only.

Covestro AG's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.00.

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.

As of today (2024-12-11), the Forward Dividend Yield % of Covestro AG is 0.00%.

Covestro AG's Dividends per Share for the three months ended in Sep. 2024 was €0.00.

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.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Covestro AG Dividend Yield % Historical Data

The historical data trend for Covestro AG's Dividend Yield % 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 Yield % Chart

Covestro AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.79 2.37 2.40 9.27 -

Covestro AG Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Covestro AG's Dividend Yield %

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


Covestro AG's Dividend Yield % Distribution in the Chemicals Industry

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

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



Covestro AG Dividend Yield % Calculation

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


Covestro AG  (WBO:1COV) 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.


Covestro AG Dividend Yield % Related Terms

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Covestro AG Business Description

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

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