Analysts expect over 2020 decreasing revenue Solvay, quite high dividend

Tomorrow the Belgian Solvay will publish its past quarters figures. Over the current book year the total revenue will be 9,78 billion euros (consensus estimates). This is hugely lower than 2018's revenue of 11,23 billion euros.

Historical revenues and results Solvay plus estimates 2020

The analysts expect for 2020 a net profit of 641 million euros. The majority of the analysts expects for this year a profit per share of 6,19 euros. The price-earnings-ratio equals 11,09.

Huge dividend Solvay

Per share the analysts are expecting a dividend of 3,62 euros per share. Thus the dividend yield equals 5,28 percent. The average dividend yield of the diversified companies equals an attractive 3,04 percent.

Latest estimates around 85 euros

The most recent recommendations for the diversified company are from Citigroup, JP Morgan and KBC Securities.

Based on the current number of outstanding shares Solvay's market capitalization 7,08 billion euros. The Solvay stock was the past 12 months quite volatile. Since last May the stock is 31 percent lower. This year the stock price moved between 53 and 107 euro. Since 2008 the stock price is almost 4 percent higher.

Historical stock prices Solvay

Click here for dividend . At 11.10 the stock trades 0,2 percent higher at 68,62 euros.

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