Stock Credit Agricole goes ahead in France in terms of dividend yields

Huge dividend Credit Agricole

Investors in Credit Agricole can expect a huge dividend payment. Based on the recent analysts' consensus the stock now has one of the highest dividend returns of the French market. Per share the analysts are expecting a dividend of 0,69 cents per share. Credit Agricole's dividend yield thus equals 6,22 percent. The average dividend yield of the banks is a limited 1 percent.

Dividend returns Credit Agricole

For this year Credit Agricole's revenue will be around 20,24 billion euros. This is according to the average of the analysts' estimates. This is quite lower than 2017's revenue of 66,1 billion euros.

Historical revenues and results Credit Agricole plus estimates 2018

stock prices

The analysts expect for 2018 a net profit of 3,95 billion euros. For this year the consensus of Credit Agricole's result per share is a profit of 1,35 euros. So the price/earnings-ratio equals 8,22.

Latest estimates around 12 euros

Berenberg, Deutsche Bank and Morgan Stanley recently provided recommendations for the stock.

Credit Agricole's market capitalization is based on the number of outstanding shares around 31,57 billion euros. The Credit Agricole stock was the past 12 months quite unstable. Since last February the stock is 18 percent lower. This year the stock price moved between 9 and 14 euro. Since 2008 the stock price is almost 42 percent higher.

At 10.21 the stock trades 0,4 percent lower at 11,1 euros.

Historical stock prices Credit Agricole

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