Philips among highest Dutch dividend stocks

Huge dividend Philips

Investors in Philips can expect a huge dividend payment. Based on the recent analysts' consensus the stock now has one of the highest dividend returns of the Dutch market. Per share the analysts expect a dividend of 87 cents per share. The dividend yield is then 4.1 percent. The average dividend yield of the electronics companies equals an attractive 3.17 percent.

Dividend returns Philips

On Monday Philips will publish its past quarters results. Over the current book year the company from could achieve a revenue around 18.5 billion euros (consensus estimates). This is slightly more than 2022's revenue of 17.83 billion euros.

Historical revenues and results Philips plus estimates 2023

Fluor Corp office Hoofddorp The Netherlands © Philips

The analysts expect for 2023 a net profit of 1.17 billion euros. Most of the analysts anticipate on a profit per share of 1.29 euros. The price/earnings-ratio is then 16.43.

Newest target prices around 19 euros

Deutsche Bank , Morgan Stanley and JP Morgan recently provided recommendations for the stock.

Based on the current number of shares Philips 's market capitalization equals 19.26 billion euros.

At 9.09 the stock trades 2.24 percent lower at 21.2 euros.

Historical stock prices Philips

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