Investors in Salzgitter 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. Despite the expected loss the company will probably pay a dividend. For this year most of the analysts expect a dividend of 0,43 cents per share. The dividend yield is then 4,8 percent. The average dividend yield of the industrial companies is a good 3,26 percent.
Next Monday the German Salzgitter will report its past quarters results. Over the current book year the total revenue will be 8,77 billion euros (consensus estimates). This is slightly lower than 2018's revenue of 9,28 billion euros.
The analysts expect for 2020 a net loss of 139 million euros. The majority of the analysts expects for this year a loss per share of 3,03 euros. The price/earnings-ratio therefore equals -2,96.
Salzgitter's market capitalization is based on the number of outstanding shares around 484,84 million euros. The Salzgitter stock was the past 12 months quite unstable. Since last March the stock is 67 percent lower. This year the stock price moved between 9 and 32 euro. Since 2008 the stock price is almost 87 percent higher.
Click here for dividend . At 11.31 the stock trades 1,43 percent higher at 8,96 euros.
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