In this section of the page, you will find all the information you need to understand how Michelin (ML) 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 Michelin dividend
No change
Next payment 1.25€
Next payment date May 19, 2023
Last payment N/A
Last payment date N/A
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Ex-Dividend: 5/17/23

Michelin will distribute 1,25 euros per share in the form of a dividend on May 19, 2023.

The May 17, 2023 is the ex-dividend date. So if you wish to receive Michelin dividends, you must buy one day before this date.

There has been no final dividend for Michelin.

Michelin, listed on the stock exchanges of Germany, the United States, the United Kingdom, Mexico and Paris under the ticker symbol MICP, has been paying dividends to its shareholders since 1999, showing a stable and uninterrupted track record until today.

The value of the amount granted is calculated by the finance department based on the income received during the year, which is then approved and announced by the shareholders' meeting on their official websites, and is generally paid in a single installment in May, reaching a yield of approximately 4.40%.

Payout Ratio Michelin Dividends

In the last fiscal period, Michelin 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

Michelin 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 Michelin

This is the Dividend Calendar of Michelin in 2023.

Event Day
Last trading date May 16, 2023
Ex-Dividend (Ex-Date) May 17, 2023
Record date May 18, 2023
Date of payment May 19, 2023
Dividends schedule Michelin
Data confirmed by the company Michelin (ML).
Estimation Policy

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

Over the past 5 years, Michelin 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 Michelin vs. the sector

Michelin's dividend yield (0.00%) is below the sector average (2.90%).
Comparison with industry average
Comparison with industry average

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

Michelin's dividend yield is below the top 75% (0.68%) 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, Michelin 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.

Michelin dividend capture strategy

Step 1: Buy Michelin shares (ML) one day before ex-dividend date
Date of purchase May 16, 2023
Next ex-dividend date May 17, 2023
Step 2: Sell Michelin shares (ML) 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 Michelin data. Past performance is no guarantee of future results.

Information about Michelin

Full name Michelin
Ticker ML
Sector Cyclical Consumer Products
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 Michelin dividends

Michelin is listed on the Bourse de Paris and is part of the CAC40.

Michelin has the Ticker or stock code ML.

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

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

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