Free Trial

Covestro (COVTY) Dividend Yield, Date & History

Covestro logo
$29.62 +0.20 (+0.68%)
(As of 12/20/2024 05:55 PM ET)

Covestro Dividend Summary

Dividend Yield
4.42%
Annual Dividend
$1.31
Recent
Dividend Payment
May. 6
Dividend Payout Ratio
-177.03%

Covestro (COVTY) pays an annual dividend of $1.31 per share, with a dividend yield of 4.42%. The next payment of $1.3605 per share was paid on Friday, May 6, to investors who owned the stock before the ex-dividend date of Friday, April 22. The company currently pays out -177.03% of its earnings and 17.96% of its cash flow as dividends.

Get Dividend Stock Ideas Daily

Enter your email address below to receive the DividendStocks.com newsletter, a daily email that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news.

Sign Up
Skip Charts & View Dividend History

COVTY Dividend Payments by Quarter

The chart below displays up to four years of Covestro's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

COVTY Dividend Yield Over Time

The chart below tracks Covestro's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Covestro vs. The Competition

Compare Covestro's annual dividend, yield, and 3-year growth rate with averages for Materials and OTCMKTS companies to evaluate its performance against the market.

TypeCovestroMaterials CompaniesOTCMKTS Companies
Annual Dividend$1.31$0.17$27.34
Dividend Yield4.42%5.16%18.22%

Covestro Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings-177.03%
Based on This Year's Estimate4,366.67%
Based on Next Year's Estimate132.32%
Based on Cashflow17.96%

Covestro Dividend History by Quarter

There are no dividend announcements in the selected date range. Select a different date range.

This table shows Covestro's dividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Covestro Dividend - Frequently Asked Questions

The current dividend yield for Covestro is 4.42%. Learn more on COVTY's dividend yield history.

The annual dividend for COVTY shares is $1.31. Learn more on COVTY's annual dividend history.

Covestro's most recent dividend payment of $1.3605 per share was made to shareholders on Friday, May 6, 2022.

Covestro's most recent ex-dividend date was Friday, April 22, 2022.

The most recent change in the company's dividend was a decrease of $0.1099 on Tuesday, April 19, 2022.

The dividend payout ratio for COVTY is:
  • -177.03% based on the trailing year of earnings
  • 4,366.67% based on this year's estimates
  • 132.32% based on next year's estimates
  • 17.96% based on cash flow

Covestro's dividend yield of 0.00% is lower than the average Basic Materials company that issues a dividend.

Looking at the stock as a whole, market analysts rate Covestro stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (OTCMKTS:COVTY) was last updated on 12/21/2024 by MarketBeat.com Staff
From Our Partners