In This Article:
Understanding the Upcoming Dividend Payment and Historical Performance
Bucher Industries AG (BCHHF) recently announced a dividend of $13.5 per share, payable on 2024-04-24, with the ex-dividend date set for 2024-04-22. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Bucher Industries AG's dividend performance and assess its sustainability.
What Does Bucher Industries AG Do?
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Bucher Industries AG develops and manufactures economical, ecological components, machinery, and systems, and offers solutions for harvesting, producing, and packaging foods, keeping roads and public spaces clean and safe, and providing electrohydraulic drive systems for sophisticated machines. The Company comprises five segments: Kuhn Group manufactures agricultural machinery, Bucher Municipal provides municipal vehicles, Bucher Hydraulics provides hydraulic components and electrohydraulic systems, Bucher Emhart Glass manufactures equipment for the glass container industry, Bucher Specials manufactures equipment for processing beverages, as well as automation solutions. It derives a majority of its revenue from the Kuhn Group segment.
A Glimpse at Bucher Industries AG's Dividend History
Bucher Industries AG has maintained a consistent dividend payment record since 2020. Dividends are currently distributed on a yearly basis. Below is a chart showing annual Dividends Per Share for tracking historical trends.
Breaking Down Bucher Industries AG's Dividend Yield and Growth
As of today, Bucher Industries AG currently has a 12-month trailing dividend yield of 3.16% and a 12-month forward dividend yield of 3.30%. This suggests an expectation of increased dividend payments over the next 12 months.
Over the past three years, Bucher Industries AG's annual dividend growth rate was 17.60%. Extended to a five-year horizon, this rate decreased to 11.40% per year. And over the past decade, Bucher Industries AG's annual dividends per share growth rate stands at 7.10%.
Based on Bucher Industries AG's dividend yield and five-year growth rate, the 5-year yield on cost of Bucher Industries AG stock as of today is approximately 5.42%.
The Sustainability Question: Payout Ratio and Profitability
To assess the sustainability of the dividend, one needs to evaluate the company's payout ratio. The dividend payout ratio provides insights into the portion of earnings the company distributes as dividends. A lower ratio suggests that the company retains a significant part of its earnings, thereby ensuring the availability of funds for future growth and unexpected downturns. As of 2023-12-31, Bucher Industries AG's dividend payout ratio is 0.37.