Covestro is one of the top German dividend stocks

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 2,4 euros per share. The dividend yield is then 4,75 percent. The average dividend yield of the chemical companies is a good 3 percent.

Dividend returns Covestro

Tomorrow the German Covestro will publish its past quarters figures. For this year Covestro's revenue will be around 13,37 billion euros. This is according to the average of the analysts' estimates. This is slightly lower than 2017's revenue of 14,62 billion euros.

Historical revenues and results Covestro plus estimates 2018

The analysts expect for 2018 a net profit of 764 million euros. For this year most of the analysts expect a profit per share of 4,28 euros. The price-earnings-ratio equals 11,8.

Most recent target prices around 57 euros

The latest 3 recommendations for the chemical company were provided by Morgan Stanley, HSBC and Barclays.

Based on the current number of shares Covestro's market capitalization equals 10,14 billion euros. The Covestro stock was the past 12 months quite volatile. Since last April the stock is 29 percent lower. This year the stock price moved between 41 and 84 euro.

At 11.48 the stock trades 0,51 percent lower at 50,5 euros.

Historical stock prices Covestro

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