Upcoming MTU Aero Engines dividend
Change(%)
-37.50%
Decrease
Next payment 2€
Next payment date May 14, 2024
Last payment 3.2€
Last payment date May 16, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 5/9/24
Confirmed

Investors in MTU Aero Engines (MTX) will enjoy a dividend of 2 euros per share on May 14, 2024, yielding 0.86%.

The deadline to buy shares of MTU Aero Engines and obtain dividends is May 9, 2024, but to be in the shareholder registry, buy before May 10, 2024.

MTU Aero Engines, on May 16, 2023, granted a dividend of 3.2 euros to its shareholders.

MTU Aero Engines NA O.N., listed on important markets in Austria, the United States, the United Kingdom, Mexico and Germany, is recognized under the name MTX, and has paid dividends to its shareholders since 2006 without any suspension since then.

The amount has been variable, responding to the financial results of each fiscal year of the company, and has been paid in a single installment, normally in May, with a yield of 1.40%.

Payout Ratio MTU Aero Engines Dividends

MTU Aero Engines paid 3% of its net income in the last fiscal period as dividends.
MTU Aero Engines's earnings (5,469,000,192.00€) are sufficient to cover the dividend payment. This payment represents 3% of the total net profit of MTX.
Dividend payout ratio
Payout Ratio

Dividend calendar of MTU Aero Engines

These are the most important events of the MTU Aero Engines calendar in 2024:

Event Day
Last trading date May 8, 2024
Ex-Dividend (Ex-Date) May 9, 2024
Record date May 10, 2024
Date of payment May 14, 2024
Data confirmed by the company MTU Aero Engines (MTX).
Confirmed
Source
Historical annual dividend yields of MTU Aero Engines
Over the past 5 years, MTU Aero Engines has not consistently increased the annual dividend amount.
Increasing Dividends
Dividend yield
Dividend yield of MTU Aero Engines vs. the sector
MTU Aero Engines's dividend yield (0.85%) is below the sector average (2.37%).
Comparison with industry average
MTU Aero Engines's dividend yield is below the top 75% (1.28%) of the sector.
Evaluation with respect to competence.
Dividend yield history in MTU Aero Engines
Over the past 5 years, MTU Aero Engines's annual dividend income has fallen by more than 10%.
Dividend stability

Dividend history of MTU Aero Engines

In this table you can see the complete history:

YearEx-DividendAmountTotal
2023
05/12/2023
3.2 €
3.2 €
2022
05/06/2022
2.1 €
2.1 €
2021
04/22/2021
1.25 €
1.25 €
2020
08/06/2020
05/08/2020
0.04 €
3.4 €
3.44 €
2019
04/12/2019
2.85 €
2.85 €
2018
04/12/2018
2.3 €
2.3 €
2017
05/05/2017
1.9 €
1.9 €
2016
04/15/2016
1.7 €
1.7 €
2015
04/16/2015
1.45 €
1.45 €
2014
05/09/2014
1.35 €
1.35 €
2013
05/06/2013
1.35 €
1.35 €
2012
05/04/2012
1.2 €
1.2 €
2011
05/06/2011
1.1 €
1.1 €
2010
04/23/2010
0.93 €
0.93 €
2009
05/27/2009
0.93 €
0.93 €
2008
05/02/2008
0.93 €
0.93 €
2007
04/30/2007
0.82 €
0.82 €
2006
05/15/2006
0.73 €
0.73 €
MTU Aero Engines dividend capture strategy
Step 1: Buy MTU Aero Engines shares (MTX) one day before ex-dividend date
Date of purchase May 8, 2024
Next ex-dividend date May 9, 2024
Step 2: Sell MTU Aero Engines shares (MTX) when the price recovers.
Date of sale (estimated) May 9, 2024
Average price recovery 0 days
Average return on cost N/A
The dividend capture strategy is based on historical MTU Aero Engines data. Past performance is no guarantee of future results.

Information about MTU Aero Engines

Full name MTU Aero Engines AG
Ticker MTX
Sector Industry
Industry Aerospace & Defense
Market Capitalization 12.46B €
ISIN DE000A0D9PT0
Number of Employees 11,273
Description of the company

MTU Aero Engines NA O.N., is a leading engine manufacturer in Germany, dedicated to the research, development and manufacture of military and commercial engines, focused on minimizing emissions, has a global presence, with 18 facilities worldwide, employing approximately 11 thousand people.

It originates from the founding of the aircraft engine factory in 1913, becoming Bayerische Motorenwerke (BMW) in 1917, from which it is separated as BMW Flugmotorenbau GmbH, growing rapidly with products widely known in the industry as the "barbarian engine", merging with Draimler in 1926, selling in 1934 the part corresponding to BMW Flugmotorenbau GmbH, due to the pressure of the Nazis in that sector.

Since then the new spin-off company developed the first radial engine, having a series of drawbacks due to the war, managing to restart in 1954 with the launch of the BMW Studiengesellschaft, joining MAN Turbomotoren GmbH.

In the 1970s the company designed and manufactured commercial engines, diversifying its activities to include other maintenance and repair services, becoming a subsidiary of Daimler-Benz again in 1985, becoming MTU Aero Engines Holding AG in 2005.

Its business units include Commercial Aircraft Engines, Military Aircraft Engines and Industrial Gas Turbines, covering market segments that include Narrow Body Jets, Wide Body Jets, Combat Aircraft, Transport Aircraft and Military Helicopters, Business Aircraft, Turboprops and Commercial Helicopters.

Frequently asked questions about MTU Aero Engines dividends

MTU Aero Engines pays dividends on a Anual basis.

MTU Aero Engines is listed on the Bolsa de Fráncfort and is part of the DAX40.

MTU Aero Engines has the Ticker or stock code MTX.

The CEO of MTU Aero Engines in 2024 is Mr. Lars Wagner.

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

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