![]() The pandemic also sparked a shortage of semiconductor chips in many industries, including the auto sector. The auto industry, being extremely cyclical by nature, faced headwinds amid factory closures, low foot traffic at dealerships and supply-chain distortions caused by the coronavirus pandemic. Mercedes Benz Group AG currently has a 8.0% dividend yield. Analysts expect adjusted earnings to reach $12.986 per share for the current fiscal year. Year-over-year quarterly sales growth most recently was 4.9%. Mercedes Benz Group AG’s trailing 12-month revenue is $164.4 billion with a 10.0% profit margin. Read on to find out how ( MBGAF) grades on certain investment factors and determine whether it meets your investment needs.Īs of September 15, 2023, Mercedes Benz Group AG had a $76.3 billion market capitalization, putting it in the 98th percentile of companies in the Auto & Truck Manufacturers industry.Ĭurrently, Mercedes Benz Group AG’s price-earnings ratio is 4.7. Porsche believes that its iconic brand is synonymous with design and engineering heritage, racing legacy, performance, modern and sustainable luxury, prestige, innovation, technological achievement and reliability.Learn more about whether Mercedes Benz Group AG is a good stock to buy or sell based on recent news as well as its key financial metrics. ![]() ![]() Porsche AG is one of the world’s most successful luxury sports car manufacturers and among the most profitable automobile manufacturers (based on 2021 unit sales in the global luxury automotive segment source: S&P Global, “S&P Global Mobility Light Vehicle Sales Forecast”, April 2022). In particular, it holds the majority of the ordinary shares in Volkswagen Aktiengesellschaft, one of the leading automobile manufacturers in the world and the parent company of the Volkswagen Group comprising AUDI AG, SEAT S.A., ŠKODA AUTO a.s., Porsche AG, TRATON SE, Volkswagen Financial Services AG, Volkswagen Bank GmbH as well as in numerous other companies in Germany and abroad. Porsche Automobil Holding SE (“ Porsche SE”) is the holding company of the Porsche and Piëch families with investments in the areas of mobility and industrial technology listed on the Frankfurt Stock Exchange. Further, the dividend will be decided at the 2023 Annual General Meeting and distributed to all existing shareholders, so that there is no difference to a regular distribution in this respect either. As Porsche Holding Stuttgart GmbH is entitled to Porsche AG’s entire earnings after taxes for 2022, the Dividend 2022 towards all existing shareholders will be paid by dissolving free capital reserves of Porsche AG. ![]() ![]() The Fiscal year 22 dividend will be an ordinary dividend. The distribution funds, if any, will be raised by dissolving free capital reserves (Auflösung freier Kapitalrücklagen). The Dividend 2022 is planned to be a symbolic absolute figure and the implied pay-out ratio will not necessarily be representative of the mid-term target pay-out ratio. Porsche AG currently intends to pay an annual dividend of approximately 50% of the Group’s profit after tax attributable to the shareholders of Porsche AG according to IFRS in the mid-term, subject to legal restrictions with respect to the distribution of profits and available funds and subject to prevailing market conditions and the economic situation at the time of the distribution.įor the Fiscal Year 22 Porsche AG intends to pay a first dividend (the “Dividend 2022”)which would be payable in 2023 in an amount of EUR 911 million (plus the extra dividend of EUR 0.01 per Preferred Share), irrespective of the transfer of Porsche AG’s earnings after taxes for the year to Porsche Holding Stuttgart GmbH under the profit and loss transfer agreement (Gewinnabführungsvertrag) between Porsche AG and Porsche Holding Stuttgart GmbH. ![]()
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