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.
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.
Evonik Essen office © 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.
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.ValueSpectrum.com News Wire & Equity Research: +31 084-0032-842
news@valuespectrum.com
Copyright analist.nl B.V.
All rights reserved. Any redistribution, duplication or archiving prohibited. analist.nl doesn't warrant the accuracy of any News Content provided and shall not be liable for any errors, inaccuracies or for any actions taken in reliance thereon.