Element Solutions's last quarterly dividend of $0.08 per share was on Aug 31, 2023 (ex-date). The annualized dividend payment of $0.32 per share represents a current dividend yield of 1.63%.
ESI has a dividend yield of 1.63% which is below the Basic Materials sector and the industry average. Compared to its Basic Materials sector average of 1.99%, Element Solutions's dividend yield is 18% lower.
Element Solutions has a history of paying dividends since 2020. Our records of ESI show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed since one year ago. But with the stock price up by 20% from a year ago, the dividend yield marks a decrease of 17%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Aug 31, 2023 | Sep 15, 2023 | Aug 22, 2023 | $0.08 | normal |
| May 31, 2023 | Jun 15, 2023 | May 22, 2023 | $0.08 | normal |
| Feb 28, 2023 | Mar 15, 2023 | Feb 13, 2023 | $0.08 | normal |
| Nov 30, 2022 | Dec 15, 2022 | Nov 17, 2022 | $0.08 | normal |
| Aug 31, 2022 | Sep 15, 2022 | Aug 18, 2022 | $0.08 | normal |
| May 31, 2022 | Jun 15, 2022 | May 19, 2022 | $0.08 | normal |
| Feb 28, 2022 | Mar 15, 2022 | Feb 15, 2022 | $0.08 | normal |
| Nov 30, 2021 | Dec 15, 2021 | Nov 18, 2021 | $0.08 | normal |
| Aug 31, 2021 | Sep 15, 2021 | Aug 19, 2021 | $0.06 | normal |
| May 28, 2021 | Jun 15, 2021 | May 20, 2021 | $0.06 | normal |
| Feb 26, 2021 | Mar 15, 2021 | Feb 17, 2021 | $0.05 | normal |
| Nov 24, 2020 | Dec 15, 2020 | Nov 9, 2020 | $0.05 | normal |
ESI has a payout ratio of 56.1% which is higher than the Basic Materials sector and the industry average. In comparison with the Basic Materials sector average of 28%, Element Solutions's payout ratio is 100% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| STRA Strategic Education Inc | 3.19% | $2.4 | 153.8% |
| ESI Element Solutions Inc | 1.63% | $0.32 | 56.1% |
Yes, Element Solutions has been paying dividends for the last three years.
Currently ESI's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in November 2023.
Element Solutions's last dividend ex-date was on Aug 31, 2023. The dividend amount was $0.08 per share.
ESI's annualized dividend per share is $0.32.
The current dividend yield of Element Solutions is 1.63%.
Element Solutions pays four dividends per year.
Element Solutions's dividend payout ratio is 56.1%.
Element Solutions's dividend yield is below the Basic Materials sector average.