High dividend yield Evonik

Huge dividend Evonik

Investors in Evonik can expect a huge dividend payment. Based on the recent analysts' consensus the stock now has one of the highest dividend returns of the German market. For this year the analysts expect a dividend of 1.16 euros per share. Thus the dividend yield equals 6.8 percent. The average dividend yield of the chemical companies is an attractive 2.11 percent.

Dividend returns Evonik

Next Monday the German Evonik will report its past quarters results. Over the current book year the total revenue will be 15.48 billion euros (consensus estimates). This is quite lower than 2022's revenue of 18.49 billion euros.

Historical revenues and results Evonik plus estimates 2023

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Evonik Essen office ©

Evonik
Evonik


The analysts expect for 2023 a net profit of 405 million euros. The majority of the analysts expects for this year a profit per share of 86 cent. The price/earnings-ratio is then 19.84.

Newest target prices around 20 euros

Stifel, Morgan Stanley and HSBC recently provided recommendations for the stock.

Based on the current number of shares Evonik 's market capitalization equals 7.95 billion euros.

At 14.26 the stock trades 0.7 percent higher at 17.06 euros.

Historical stock prices Evonik

financial analysis evonik

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