Analysts: Danone on steam for record sales

Huge dividend Danone

Investors in Danone can expect a huge dividend payment. Based on the recent analysts' consensus the stock now has one of the highest dividend returns of the French market. For this year most of the analysts expect a dividend of 2.06 euros per share. Thus the dividend yield equals 3.34 percent. The average dividend yield of the food producers is a good 3.08 percent.

Dividend returns Danone

Tomorrow the French Danone will publish its past quarters figures. Over the current book year the total revenu from the company based in will be 27.8 billion euros (consensus estimates). The expected revenue would be the highest in her history. This is slightly more than 2022's revenue of 27.66 billion euros.

Historical revenues and results Danone plus estimates 2023

Danone Utrecht The Netherlands © Danone

The analysts expect for 2023 a net profit of 2.19 billion euros. For this year most of the analysts expect a profit per share of 3.45 euros. So the price/earnings-ratio equals 17.88.

Most recent target prices around 71 euros

The most recent recommendations for the food producer are from JP Morgan, Barclays and Jefferies & Co..

Based on the current number of outstanding shares Danone 's market capitalization 39.36 billion euros.

At 10.03 the stock trades 0.16 percent higher at 61.68 euros.

Price data Danone 2007-2023

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