Page title
Section title
- Dividend Yield
- 1.86%
- Payout Ratio
- 45.61%
- Dividend Amount Per Share
- $1.56
- Last Ex-Dividend Date
- Aug 30, 2024
ASH Dividend Safety
ASH paid out 45.61% of its $178M earnings as dividends over the last 12 months.
Safe
Very Unsafe
Unsafe
Somewhat Safe
Safe
Very Safe
Dividend Payout Ratio
ASH's Dividend Payout Ratio of 45.614% is considered safe for the Basic Materials sector, indicating that the company retains enough earnings to support business growth.
Interest Rate Coverage
ASH's Interest Coverage Ratio of 0.779 poses a risk, signaling financial challenges due to insufficient earnings to cover interest expenses.
Income Quality
ASH shows excellent income quality with a ratio of 1.365. This indicates high-quality earnings and low risk of dividend cuts.
ASH Dividend Growth
Ashland Inc.(ASH) offers a dividend yield of 1.86% and pays $1.56 in dividends per share. Explore the historical dividend growth of ASH.
Dividend Stability
ASH has maintained stable dividend payments over the past 10 years with no cuts over 5%.
Dividend Growth
ASH's dividend payments have increased by 8.05% annually over the last 5 years.
Earnings Growth
ASH's earnings have grown by 49.294% annually over the last 5 years. This strong earnings growth suggests a stable and increasing income stream, supporting the sustainability and potential growth of dividend payouts.
ASH Dividend Yield Attractiveness
Ashland Inc.(ASH) provides a dividend yield of 1.86%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.
Yield %
1.22%
1.86%
2.11%
2.76%
Dividend Yield
ASH's dividend yield of 1.86% is considered good compared to the sector average of 2.758%, providing a strong safety margin for investors.
ASH Cash Flow
Over the past 12 months, ASH generated $2B in revenue, produced $322M in free cash flow, and distributed $79M in dividends.
Free Cash Flow Growth
ASH's free cash flow has decreased by -3.448% annually over the last 5 years, indicating a weak ability to generate cash and support dividend payments.
ASH Free Cash Flow and Dividends Paid
This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by Ashland Inc.. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.