Extreme dividend yield Covestro

Huge dividend Covestro

Investors in Covestro 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. Per share the analysts anticipate on a dividend of 2,33 euros per share. Covestro's dividend yield thus equals 4,55 percent. The average dividend yield of the chemical companies is a moderate 1 percent.

Dividend returns Covestro

Next Monday the German company Covestro will publish its past quarters results. For this year Covestro's revenue will be around 14,5 billion euros. This is according to the average of the analysts' estimates. This is slightly more than 2017's revenue of 14,14 billion euros.

Historical revenues and results Covestro plus estimates 2018

The analysts expect for 2018 a net profit of 1,86 billion euros. According to most of the analysts the company will have a profit per share for this book year of 9,62 euros. The price-earnings-ratio equals 5,32.

Latest estimates around 49 euros

The most recent recommendations for the chemical company are from Kepler Capital Markets, DZ Bank and Bankhaus Lampe.

Covestro's market capitalization is based on the number of outstanding shares around 10,37 billion euros. The Covestro stock was the past 12 months quite volatile. Since last February the stock is 44 percent lower. This year the stock price moved between 41 and 96 euro.

At 9.57 the stock trades 1,21 percent higher at 51,2 euros.

Historical stock prices Covestro past 10 years

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