Nestle among highest dividend stocks in Switzerland

Huge dividend Nestle

Investors in Nestle can expect a huge dividend payment. Based on the recent analysts' consensus the stock now has one of the highest dividend returns of the Swiss market. For this year the analysts expect a dividend of 3.08 CHF per share. Thus the dividend yield equals 3.09 percent. The average dividend yield of the food producers is an attractive 3.08 percent.

Dividend returns Nestle

Tomorrow the Swiss Nestle will report its past quarter results. Over the current book year the total revenue will be 94.16 billion CHF (consensus estimates). This is slightly lower than 2022's revenue of 94.42 billion CHF.

Historical revenues and results Nestle plus estimates 2023

Nestle The Netherlands Amstelveel © Nestle

The analysts expect for 2023 a net profit of 12.79 billion CHF. According to most of the analysts the company will have a profit per share for this book year of 4.85 CHF. So the price/earnings-ratio equals 20.54.

Newest target prices around 117 CHF

Citigroup , Deutsche Bank and Sanford C. Bernstein & Co recently provided recommendations for the stock.

Based on the current number of shares Nestle 's market capitalization equals 274.86 billion CHF.

At 11.14 the stock trades 0.11 percent higher at 99.6 CHF.

Historical stock prices Nestle

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