Acerinox now in top highest dividend yields in Spain

Huge dividend Acerinox

Investors in Acerinox can expect a huge dividend payment. Based on the recent analysts' consensus the stock now has one of the highest dividend returns of the Spanish market. Per share the analysts expect a dividend of 0,46 cents per share. Acerinox's dividend yield thus equals 4,81 percent. The average dividend yield of the industrial companies is a low 1 percent.

Dividend returns Acerinox

Tomorrow the Spanish Acerinox will publish its past quarters figures. Over the current book year the total revenue will be 4,97 billion euros (consensus estimates). This is slightly more than 2017's revenue of 4,63 billion euros.

Historical revenues and results Acerinox plus estimates 2018

The analysts expect for 2018 a net profit of 240 million euros. The majority of the analysts expects for this year a profit per share of 87 cent. With this the price/earnings-ratio is 11.

Acerinox's market capitalization is around 2,64 billion euros. The Acerinox stock was the past 12 months quite volatile. Since last February the stock is 18 percent lower. This year the stock price moved between 8 and 13 euro. Since 2008 the stock price is almost 26 percent higher.

Historical stock prices Acerinox past 10 years

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