In this section of the page, you will find all the information you need to understand how Covestro (1COV) dividends work. In addition, you will be able to consult the payment date, the ex-dividend date, the last day to be entitled to the payment, the money to be received per share, the yield and any other doubts that may arise.

Upcoming Covestro dividend
No change
Next payment 3.4€
Next payment date Apr 26, 2022
Last payment N/A
Last payment date N/A
00 D 00 H 00 M 00 S
Ex-Dividend: 4/22/22

Covestro will distribute 3,4 euros per share in the form of a dividend on April 26, 2022.

The April 22, 2022 is the ex-dividend date. So if you wish to receive Covestro dividends, you must buy one day before this date.

There has been no final dividend for Covestro.

Covestro AG, listed on the most important stock exchanges in Germany, the United States and Austria, using the symbol 1COV as the basis for its trading name, began paying dividends in 2016, maintaining a steady pace until 2022, with delays in the installment for 2023.

The amount paid responds to the financial results of the fiscal year, which is approved by the shareholders' meeting, varying from one period to another, is settled frequently in April, reaching a yield of 7.32% in 2022, and is still awaiting the announcement of 2023.

Payout Ratio Covestro Dividends

In the last fiscal period, Covestro paid no dividends, resulting in a dividend payout ratio of 0%.
Dividend payout ratio

The dividend payout ratio, also known as the payout ratio, is an essential indicator for assessing the stability of a company's dividends. This ratio shows what proportion of the company's net profit is used to pay dividends to shareholders.

Dividend payout ratio = Total dividends ÷ Net income

Covestro has not distributed dividends in the last fiscal period, therefore, the payout ratio is 0%.
Dividend payout ratio
General recommendations

An appropriate payout ratio may vary depending on the industry, the company's growth stage and its financial health.

Payout Ratio

Dividend calendar of Covestro

This is the Dividend Calendar of Covestro in 2023.

Event Day
Last trading date April 21, 2022
Ex-Dividend (Ex-Date) April 22, 2022
Record date April 25, 2022
Date of payment April 26, 2022
Dividends schedule Covestro
Data confirmed by the company Covestro (1COV).
Estimation Policy

This data has been verified by Covestro's General Shareholders' Meeting.

Over the past 5 years, Covestro has not consistently distributed dividends.
Increasing Dividends
Increasing Dividend Program

For a company to have growing dividends by our standards, the annual dividend amount must have increased steadily for at least the last 5 years.

Dividend yield

Dividend yield of Covestro vs. the sector

Covestro's dividend yield (0.00%) is below the sector average (4.97%).
Comparison with industry average
Comparison with industry average

The company's dividend yield is compared to the industry average to determine its positioning.

Covestro's dividend yield is below the top 75% (2.94%) of the sector.
Evaluation with respect to competence.
Comparison with competitors

Imagine you have a list of dividend yields for different companies in an industry. If you look for the "top 25%% percentile", you will find a number. This number tells you that the top 25%% of the companies with the highest dividends have a yield higher than that number.

On the other hand, the "top 75%% percentile" shows you another number, which tells you that 75%% of the companies have a higher yield than that number, thus showing a more common and less high yield.

Over the past 5 years, Covestro has not consistently distributed dividends.
Dividend stability
Dividend stability

For a company to have stable dividends by our standards, it is vital that it has not had an annual decline of more than 10% over the previous year.

Covestro dividend capture strategy

Step 1: Buy Covestro shares (1COV) one day before ex-dividend date
Date of purchase Apr 21, 2022
Next ex-dividend date Apr 22, 2022
Step 2: Sell Covestro shares (1COV) when the price recovers.
Date of sale (estimated) N/A
Average price recovery N/A
Average return on cost N/A
The dividend capture strategy is based on historical Covestro data. Past performance is no guarantee of future results.

Information about Covestro

Full name Covestro
Ticker 1COV
Sector Basic Materials
Industry N/A
Market Capitalization 0.00 €
Number of Employees N/A
Address N/A
Phone N/A
Website N/A
Description of the company

Frequently asked questions about Covestro dividends

Covestro is listed on the Bolsa de Fráncfort and is part of the DAX40.

Covestro has the Ticker or stock code 1COV.

At this moment, the value of a Covestro share is 0.00€.

Covestro does not have a growing dividend program. Dividends have not shown a steady growth in the last 5 years.

Covestro Forum

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