Cofinimmo in top Belgian dividend returns

Huge dividend Cofinimmo

Investors in Cofinimmo can expect a huge dividend payment. Based on the recent analysts' consensus the stock now has one of the highest dividend returns of the Belgian market. Analysts expect a dividend of 5,24 euros per share. Thus the dividend yield equals 4,39 percent. The average dividend yield of the real estate companies is a good 3 percent.

Dividend returns Cofinimmo

Tomorrow the Belgian Cofinimmo will publish its past quarters figures. For this year Cofinimmo's revenue will be around 235,25 million euros. This is according to the average of the analysts' estimates. This is rather significant lower than 2018's revenue of 262,63 million euros.

Historical revenues and results Cofinimmo plus estimates 2019

The analysts expect for 2019 a net profit of 160 million euros. The majority of the analysts expects for this year a profit per share of 6,72 euros. So the price/earnings-ratio equals 17,77.

Latest estimates around 122 euros

The most recent recommendations for the real estate company are from Societe Generale, Kepler Capital Markets and DeGroof Petercam.

Cofinimmo's market value equals around 2,48 billion . The Cofinimmo stock was the past 12 months quite unstable. Since last July the stock is 10 percent higher. This year the stock price moved between 103 and 122 euro.

At 11.18 the stock trades 0,84 percent higher at 119,4 euros.

Historical stock prices Cofinimmo period 2007-2019

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.