Michelin in top French dividend stocks

Huge dividend Michelin

Investors in Michelin 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 the analysts expect a dividend of 3,78 euros per share. Michelin 's dividend yield thus equals 3,85 percent. The average dividend yield of the automobile companies is a low 1 percent.

Dividend returns Michelin

Over the current book year the total revenue will be 21,81 billion euros (consensus estimates). This is slightly lower than 2017's revenue of 21,96 billion euros.

Historical revenues and results Michelin plus estimates 2018

The analysts expect for 2018 a net profit of 1,82 billion euros. According to most of the analysts the company will have a profit per share for this book year of 10,12 euros. With this the price/earnings-ratio is 9,71.

Newest target prices around 123 euros

The most recent recommendations for the automobile company are from HSBC , Kepler Capital Markets and Berenberg.

Michelin 's market capitalization is based on the number of outstanding shares around 17,7 billion euros. The Michelin stock was the past 12 months quite unstable. Since last October the stock is 14 percent lower. This year the stock price moved between 97 and 131 euro. Since 2008 the stock price is almost 145 percent higher.

At 17.35 the stock trades 2,64 percent lower at 98,28 euros.

Historical stock prices Michelin2007-2018

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