Evonik Industries AG engages in the specialty chemicals business. It operates through Specialty Additives, Nutrition & Care, Smart Materials, Performance Materials, and Technology & Infrastructure segments. The Specialty Additives segment provides polyurethane additives, organically modified silicones, isophorones, epoxy curing agents, oil additives, fumed silicas, matting agents, TAA and TAA derivatives, and acetylenic diol-based surfactants for consumer goods and specialized industrial applications. The Nutrition & Care segment offers amphoteric surfactants, ceramides, phytosphingosines, oleochemicals, quaternary derivatives, amino acids and amino acid derivatives, synthesis products, pharmaceutical polymers, and DL-methionine for use in consumer goods, animal nutrition, and healthcare products. The Smart Materials segment provides hydrogen peroxide, peracetic acid, activated nickel catalysts, precious metal powder catalysts, oil and fat hydrogenation catalysts, amorphous polyalphaolefins, polybutadienes, polyester resins, thermoplastic and reactive methacrylate resins, PEEK, polyamide 12, organosilanes, chlorosilanes, fumed silicas, fumed metal oxides, and precipitated silicas for the automotive, paints, coatings, adhesives, construction, and various other sectors. The Performance Materials segment produces polymer materials and intermediates, including butene-1, DINP, isononanol, cyanuric chloride, alkoxides, and superabsorbent for rubber, plastics, and automotive industries. The Technology & Infrastructure segment provides site management, utilities and waste management, technical, process technology, engineering, and logistics services. It operates in the Asia-Pacific, Europe, the Middle East, Africa, Central and South America, and North America. The company was founded in 1873 and is headquartered in Essen, Germany. Evonik Industries AG is a subsidiary of RAG-Stiftung.
Evonik Industries Dividend Announcement
• Evonik Industries announced a annually dividend of $0.68 per ordinary share which will be made payable on 2024-06-24. Ex dividend date: 2024-06-06
• Evonik Industries annual dividend for 2024 was $0.68
• Evonik Industries annual dividend for 2023 was $0.67
• Evonik Industries's trailing twelve-month (TTM) dividend yield is 6.76%
• Evonik Industries's payout ratio for the trailing twelve months (TTM) is -598.90%
Evonik Industries Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-06-06 | $0.68 | annually | 2024-06-24 |
| 2023-06-01 | $0.67 | annually | 2023-06-20 |
| 2022-05-26 | $0.68 | annually | 2022-06-13 |
| 2021-06-03 | $0.84 | annually | 2021-06-22 |
Evonik Industries Dividend per year
Evonik Industries Dividend growth
Evonik Industries Dividend Yield
Evonik Industries current trailing twelve-month (TTM) dividend yield is 6.76%. Interested in purchasing Evonik Industries stock? Use our calculator to estimate your expected dividend yield:
Evonik Industries Financial Ratios
P/E ratio-51.83
PEG ratio-2.38
P/B ratio0.53
ROE-0.98%
Payout ratio-598.90%
Current ratio1.38
Quick ratio0.80
Cash Ratio0.12
Evonik Industries Dividend FAQ
How much is the next Evonik Industries dividend?
Evonik Industries's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Evonik Industries dividend. The next Evonik Industries dividend will be released in June.
When is Evonik Industries dividend paid?
Evonik Industries pays dividends on a annually basis. The specific dates may vary each year but are generally around June. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Evonik Industries pay?
The specific amount of Evonik Industries dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Evonik Industries's dividend history.
Does Evonik Industries stock pay dividends?
Yes, Evonik Industries does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Evonik Industries's dividend history.
How much dividend does Evonik Industries pay?
Evonik Industries paid $0.685 in 2024, $0.666 in 2023, $0.681 in 2022, $0.837 in 2021, and $0.0 in 2020.
How often does Evonik Industries pay dividends?
Evonik Industries typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around June.
What is Evonik Industries's dividend yield?
The current dividend yield for Evonik Industries is 6.76%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Evonik Industries's exact dividend yield.
When does Evonik Industries go ex dividend?
Evonik Industries's ex-dividend date for the latest dividend was on 2024-06-06. Evonik Industries typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Evonik Industries dividend paid?
Evonik Industries pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Evonik Industries increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Evonik Industries will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Evonik Industries dividend per share?
Evonik Industries paid $0.685 per share in 2024 and $0.666 per share in 2023. The amount of dividend per share that Evonik Industries pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Evonik Industries a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Evonik Industries a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Evonik Industries a dividend stock?
Yes, Evonik Industries is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Evonik Industries a good dividend stock?
Whether Evonik Industries is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Evonik Industries has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Evonik Industries as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Evonik Industries as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Evonik Industries pay dividends monthly?
Evonik Industries typically pays dividends on a annually basis.
Does Evonik Industries pay dividends quarterly?
Evonik Industries currently pays dividends on a annually basis.
Has Evonik Industries ever paid a dividend?
Yes, Evonik Industries has a history of paying dividends to its shareholders. Evonik Industries is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Evonik Industries dividend stocks?
To buy Evonik Industries you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Evonik Industries stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Evonik Industries stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Evonik Industries pay dividends 2024?
Evonik Industries pays dividends on a annually basis. 2024 dividend payments are in 2024-06-24. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Evonik Industries increase its dividend in 2024?
Decisions regarding Evonik Industries dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Evonik Industries dividend overview you can look into the above table of dividend history.
How Evonik Industries dividend works?
The Evonik Industries dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Evonik Industries's dividend process works:
1. Determination of Dividend: Evonik Industries's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Evonik Industries publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Evonik Industries distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Evonik Industries are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Evonik Industries's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Evonik Industries publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Evonik Industries distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Evonik Industries are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Evonik Industries dividends paid?
Evonik Industries dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Evonik Industries sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Evonik Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Evonik Industries declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Evonik Industries sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Evonik Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Evonik Industries declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Evonik Industries pay dividends?
Evonik Industries typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Evonik Industries pay dividends?
The general pattern is that Evonik Industries pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Evonik Industries dividend safe?
The safety of Evonik Industries's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Evonik Industries's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Evonik Industries's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Evonik Industries's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Evonik Industries's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.