Eutelsat share dividend and yield

During the recent Covid-19 pandemic, the Eutelsat Group maintained its dividend by simply lowering its amount. However, in 2022, the dividend is set to rise again due to an improvement in the group's financial situation. On this page, we provide you with more detailed and practical information about the dividend on this Eutelsat share, including the current amount, recent history, yield in 2022 and previous years and the dates on which it is detached and paid.

Eutelsat share dividend and yield
Photo credits: Timo Newton-Syms

What is the amount of the dividend paid by Eutelsat?

The last dividend paid by Eutelsat was the dividend calculated on the results of the 2021 financial year. The dividend was 0.93€ per share. 

This amount is therefore higher than the dividend of only 0.89€ per share that was received by shareholders for the financial year 2020, which was explained by a significant drop in the company's share price and results.

 

When does Eutelsat pay a dividend?

Eutelsat pays a dividend to its shareholders each year. This dividend is calculated on the basis of the financial results for the current year and is paid at the end of the year.

Although Eutelsat, like most French companies, has chosen an annual payment schedule for its dividend, one of its specific features is that the payment of this dividend does not take place in the year following the results but in the same year, usually with an ex-dividend date and payment in November.

In 2021, the detachment of this dividend took place on 16 November 2021 and its payment was made on 18 November 2021.

 

What is the next expected dividend for Eutelsat shares?

We do not yet know the amount or the payment date of the next dividend to be paid by Eutelsat to its shareholders, as this will probably be decided during the third quarter of 2022 and paid in November of this year.

The last known dividend for this Eutelsat share is therefore the dividend for the financial year 2021, which was paid to shareholders in November and which amounted to €0.93 per share.

 

Eutelsat share dividend history :

Despite a significant drop in the amount of its dividend over the last two years and because of the Covid pandemic, the Eutelsat group remains a company that pays its shareholders rather regularly since it has been paying a dividend without interruption to them since 2006, i.e. for almost 16 years. To make it clearer, here is a history of the amounts paid out by Eutelsat over the past 10 years and the rate of change of this amount each year:

  • In 2021, Eutelsat's dividend was 0.93€ with a 4.49% increase
  • In 2020, Eutelsat's dividend was €0.89 with an increase of 42.69%.
  • In 2019, the Eutelsat dividend was €1.27 with an increase of 0%.
  • In 2018, the Eutelsat dividend was €1.27 with an increase of 4.96%.
  • In 2017, Eutelsat's dividend was €1.21 with a 10% increase
  • In 2016, Eutelsat's dividend was €1.10 with an increase of 0.92%.
  • In 2015, Eutelsat's dividend was €1.09 with a decrease of 47.09%
  • In 2014, the Eutelsat dividend was €2.06 with an increase of 90.74%
  • In 2013, the Eutelsat dividend was €1.08 with an increase of 8%.
  • In 2012, the Eutelsat dividend was €1 with an increase of 11.11%.

Looking at this history, we can see that the amount of Eutelsat's dividend has a tendency to increase over time and to a greater or lesser extent. Over the last five years, the dividend has increased by an average of 12.42% per year. Over the last ten years, this evolution has been an average of 12.58% per year.

 

What is the dividend yield on Eutelsat shares?

Of course, the profitability of a share cannot be measured solely by the amount of its dividend and it is also necessary to take into account its yield, which is based both on this amount and on the share's market price. Thus, the yield on Eutelsat shares can be calculated by dividing the amount of the dividend by the share price.

The dividend paid by Eutelsat in 2021 and for the financial year 2021 thus shows a yield of 6.95%.

Eutelsat's payout ratio is currently 88.24%, which means that the company returns a large part of its profits to its shareholders and retains little to invest in its strategic growth. This rate is also above the average rate for the sector.

 

What is the multi-year dividend yield on Eutelsat shares?

Over the past 10 years, Eutelsat Group has paid a dividend with an average yield of 5.62%, which is slightly above its 2021 yield. Here is its history:

  • In 2021, the dividend yield was 6.95%.
  • In 2020, the yield on this dividend was 8.75%.
  • In 2019, this dividend yield was 7.81%.
  • In 2018, the dividend yield was 6.83%.
  • In 2017, the dividend yield was 5.98%.
  • In 2016, the dividend yield was 6.12%.
  • In 2015, the dividend yield was 3.67%.
  • In 2014, the dividend yield was 3.94%.
  • In 2013, the dividend yield was 4.50%.
  • In 2012, the dividend yield was 4.07%.