| K+S Aktiengesellschaft (DE000KSAG888) | |||
15,48 EURStand (close): 01.07.25 |
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| Datum / Uhrzeit | Titel | Bewertung |
| 14.05.25 07:03:09 | K+S AG (KPLUF) Q1 2025 Earnings Call Highlights: Strong Start with Raised EBITDA Expectations ... |  |
| EBITDA: Expected to range between EUR560 million and EUR640 million, with a midpoint increase to EUR600 million. Free Cash Flow: Anticipated to be slightly positive in 2025 despite elevated CapEx. Inventory Effect: Positive impact in Q1, with an expected mid-double-digit million euro swing due to inventory reduction in Q2. Personnel Costs: Increase in Q2 due to a new collective bargaining agreement effective April 1. Seasonality Impact: Q1 and Q4 are the strongest quarters, with Q3 typically the weakest due to maintenance. Warning! GuruFocus has detected 8 Warning Sign with KPLUF. Release Date: May 13, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points K+S AG (KPLUF) reported first quarter EBITDA and free cash flow significantly above annual expectations, driven by higher ASP in Agriculture and strong production performance. The company raised its full-year EBITDA expectations to range between EUR560 million and EUR640 million, reflecting a EUR40 million increase at the midpoint. K+S AG (KPLUF) benefited from a positive inventory effect in Q1, contributing to the strong financial performance. The company successfully hedged 50% of its gas consumption at a favorable rate, allowing it to profit from current spot prices. K+S AG (KPLUF) is on track with its Bethune ramp-up plan, aiming to increase production to 4 million tonnes, primarily through low-cost secondary mining. Negative Points Q2 is expected to see an inventory reduction, resulting in a mid-double-digit million euro swing between quarters. Higher personnel costs are anticipated in Q2 due to a collective bargaining agreement concluded as of April 1. The company faces potential volatility in the energy market, particularly with gas prices, which could impact financial results. There is a risk of transportation challenges due to low water levels in German rivers, although the logistics department is seeking alternatives. K+S AG (KPLUF) anticipates a negative effect on free cash flow due to higher potash prices leading to increased receivables and higher tax payments. Q & A Highlights Q: How is the situation with Belarus affecting your price negotiations, given their announced reduction in exports? A: Christian Meyer, CFO and Incoming CEO, explained that despite Belarus's announcement of a production cut, they have not seen a reduction in Q1 sales. They expect any effects from reduced volumes due to maintenance to appear in Q2 or Q3. However, strong demand and increasing prices mean they do not anticipate significant impacts on price trends. Story Continues Q: Can you elaborate on your energy cost hedging strategy and any benefits from recent gas price declines? A: Christian Meyer stated that K+S has hedged 50% of their gas consumption for the year at EUR40 per megawatt-hour. They are currently benefiting from spot prices below this level, but expect a slight increase by year-end, which will impact their P&L. Q: What is the current status of the Bethune mine ramp-up, and are there any tariff impacts on US exports? A: Christian Meyer confirmed that the Bethune ramp-up is on track and within budget, aiming to increase production from over 2 million tonnes to 4 million tonnes. There are no tariff impacts on US exports as potash products are excluded from tariffs due to their critical importance. Q: Could you clarify your guidance assumptions, particularly regarding potash prices and cost increases? A: Christian Meyer noted that their guidance assumes an average gas price of EUR40 per megawatt-hour and does not expect a decrease in gas costs. The guidance reflects expected price increases and cost factors, including volatile energy markets. Q: How do you view the current potash demand and inventory levels in key regions? A: Christian Meyer reported low global inventory levels, with strong demand in regions like China and Brazil. They expect this trend to continue into Q2, with positive effects on demand and pricing. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. View Comments |
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| 05.04.25 06:25:07 | K+S (ETR:SDF) Is Reducing Its Dividend To €0.15 | |
| K+S Aktiengesellschaft (ETR:SDF) is reducing its dividend from last year's comparable payment to €0.15 on the 19th of May. This payment takes the dividend yield to 1.2%, which only provides a modest boost to overall returns. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. K+S' Long-term Dividend Outlook appears Promising It would be nice for the yield to be higher, but we should also check if higher levels of dividend payment would be sustainable. While K+S is not profitable, it is paying out less than 75% of its free cash flow, which means that there is plenty left over for reinvestment into the business. In general, cash flows are more important than the more traditional measures of profit so we feel pretty comfortable with the dividend at this level. According to analysts, EPS should be several times higher next year. If the dividend continues along recent trends, we estimate the payout ratio will be 9.2%, so there isn't too much pressure on the dividend.XTRA:SDF Historic Dividend April 5th 2025 See our latest analysis for K+S Dividend Volatility While the company has been paying a dividend for a long time, it has cut the dividend at least once in the last 10 years. The dividend has gone from an annual total of €0.90 in 2015 to the most recent total annual payment of €0.15. This works out to a decline of approximately 83% over that time. A company that decreases its dividend over time generally isn't what we are looking for. The Company Could Face Some Challenges Growing The Dividend Given that the track record hasn't been stellar, we really want to see earnings per share growing over time. K+S has seen EPS rising for the last five years, at 23% per annum. Even though the company is not profitable, it is growing at a solid clip. If profitability can be achieved soon and growth continues apace, this stock could certainly turn into a solid dividend payer. Our Thoughts On K+S' Dividend Overall, the dividend looks like it may have been a bit high, which explains why it has now been cut. In the past, the payments have been unstable, but over the short term the dividend could be reliable, with the company generating enough cash to cover it. Overall, we don't think this company has the makings of a good income stock. It's important to note that companies having a consistent dividend policy will generate greater investor confidence than those having an erratic one. Meanwhile, despite the importance of dividend payments, they are not the only factors our readers should know when assessing a company. Earnings growth generally bodes well for the future value of company dividend payments. See if the 16 K+S analysts we track are forecasting continued growth with our freereport on analyst estimates for the company . Is K+S not quite the opportunity you were looking for? Why not check out our selection of top dividend stocks. Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. View Comments |
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| 16.03.25 07:13:26 | K+S Aktiengesellschaft Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest Forecasts | |
| Last week, you might have seen that K+S Aktiengesellschaft (ETR:SDF) released its yearly result to the market. The early response was not positive, with shares down 4.2% to €13.18 in the past week. Revenues came in at €3.7b, in line with estimates, while K+S reported a statutory loss of €0.37 per share, well short of prior analyst forecasts for a profit. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year. View our latest analysis for K+S XTRA:SDF Earnings and Revenue Growth March 16th 2025 Taking into account the latest results, K+S' 15 analysts currently expect revenues in 2025 to be €3.64b, approximately in line with the last 12 months. K+S is also expected to turn profitable, with statutory earnings of €0.25 per share. Yet prior to the latest earnings, the analysts had been anticipated revenues of €3.63b and earnings per share (EPS) of €0.32 in 2025. The analysts seem to have become more bearish following the latest results. While there were no changes to revenue forecasts, there was a large cut to EPS estimates. It might be a surprise to learn that the consensus price target was broadly unchanged at €11.95, with the analysts clearly implying that the forecast decline in earnings is not expected to have much of an impact on valuation. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. There are some variant perceptions on K+S, with the most bullish analyst valuing it at €17.50 and the most bearish at €8.00 per share. Note the wide gap in analyst price targets? This implies to us that there is a fairly broad range of possible scenarios for the underlying business. These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the K+S' past performance and to peers in the same industry. These estimates imply that revenue is expected to slow, with a forecast annualised decline of 0.4% by the end of 2025. This indicates a significant reduction from annual growth of 15% over the last five years. Compare this with our data, which suggests that other companies in the same industry are, in aggregate, expected to see their revenue grow 3.9% per year. So although its revenues are forecast to shrink, this cloud does not come with a silver lining - K+S is expected to lag the wider industry. Story Continues The Bottom Line The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for K+S. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. The consensus price target held steady at €11.95, with the latest estimates not enough to have an impact on their price targets. With that in mind, we wouldn't be too quick to come to a conclusion on K+S. Long-term earnings power is much more important than next year's profits. We have forecasts for K+S going out to 2027, and you can see them free on our platform here. We also provide an overview of the K+S Board and CEO remuneration and length of tenure at the company, and whether insiders have been buying the stock, here. Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. View Comments |
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| 14.03.25 13:00:37 | K+S AG (KPLUF) Q4 2024 Earnings Call Highlights: Strong Cash Flow and Strategic Positioning ... | |
| Release Date: March 13, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points K+S AG (KPLUF) reported a better-than-expected free cash flow of 62 million. The company achieved an EBITDA of 558 million, benefiting from its global positioning and strong specialties business. K+S AG (KPLUF) expects strong potash demand worldwide, creating a promising environment for the spring season. The company has a flexible product portfolio, allowing it to adapt to markets with the highest netbacks. K+S AG (KPLUF) has a robust hedging strategy, with 50% of its gas consumption hedged at favorable rates. Negative Points The company faces challenges from low potash prices, which could impact future earnings. Higher energy and HR costs are expected to affect the company's EBITDA. K+S AG (KPLUF) has limited capacity, which restricts its ability to meet strong demand. The company anticipates elevated CapEx, which could impact free cash flow. There is uncertainty regarding the potential impact of US tariffs on Canadian products, which could affect regional price developments. Q & A Highlights Warning! GuruFocus has detected 8 Warning Signs with KPLUF. Q: Can you explain why the EBITDA guidance for 2025 is flat despite higher MOP prices in Brazil? A: Unidentified_2: We started 2024 with higher prices, which fell throughout the year. Now, prices are increasing, but we face higher energy and HR costs. These factors contribute to a flat EBITDA midpoint, though there's potential to exceed it. Q: What is driving the flattish volume guidance despite strong demand? A: Unidentified_2: Demand is strong, but our capacity is limited, as is the case for competitors. Logistics and production issues, such as weather and performance of Deutsche Bahn, can affect volumes. Q: What is the status of the potential export quota from Russia? A: Unidentified_2: There is no change in the export quota for Russian products, which is close to 800,000 tons. Russia and Belarus are back in the market with almost full capacity, leading to limited supply and increasing prices. Q: How do you view the Latin American, specifically Brazilian, market? A: Unidentified_2: Brazil is a key market with high demand but also intense competition. Last year, we faced price pressure due to competition. We have flexibility to shift products to regions with better pricing, and with rising prices, we may increase our stake in Brazil. Q: Can you discuss your hedging strategy, particularly regarding gas prices? A: Unidentified_6: We have hedged 50% of our gas consumption at 40 per megawatt-hour for 2025 and 40% for 2026. This strategy helps mitigate price volatility, especially compared to the more stable Canadian gas prices. Story Continues For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. View Comments |
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| 15.01.25 06:39:28 | K+S Aktiengesellschaft's (ETR:SDF) largest shareholders are retail investors with 51% ownership, institutions own 45% | |
| Key Insights The considerable ownership by retail investors in K+S indicates that they collectively have a greater say in management and business strategy 46% of the business is held by the top 25 shareholders 45% of K+S is held by Institutions If you want to know who really controls K+S Aktiengesellschaft (ETR:SDF), then you'll have to look at the makeup of its share registry. The group holding the most number of shares in the company, around 51% to be precise, is retail investors. Put another way, the group faces the maximum upside potential (or downside risk). Meanwhile, institutions make up 45% of the company’s shareholders. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. Let's take a closer look to see what the different types of shareholders can tell us about K+S. Check out our latest analysis for K+S XTRA:SDF Ownership Breakdown January 15th 2025 What Does The Institutional Ownership Tell Us About K+S? Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices. K+S already has institutions on the share registry. Indeed, they own a respectable stake in the company. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see K+S' historic earnings and revenue below, but keep in mind there's always more to the story.XTRA:SDF Earnings and Revenue Growth January 15th 2025 Hedge funds don't have many shares in K+S. Looking at our data, we can see that the largest shareholder is Kopernik Global Investors, LLC with 5.1% of shares outstanding. The second and third largest shareholders are BlackRock, Inc. and Rossmann Beteiligungs GmbH, with an equal amount of shares to their name at 5.1%. Our studies suggest that the top 25 shareholders collectively control less than half of the company's shares, meaning that the company's shares are widely disseminated and there is no dominant shareholder. While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too. Story Continues Insider Ownership Of K+S While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group. We note our data does not show any board members holding shares, personally. Given we are not picking up on insider ownership, we may have missing data. Therefore, it would be interesting to assess the CEO compensation and tenure, here. General Public Ownership The general public, mostly comprising of individual investors, collectively holds 51% of K+S shares. With this amount of ownership, retail investors can collectively play a role in decisions that affect shareholder returns, such as dividend policies and the appointment of directors. They can also exercise the power to vote on acquisitions or mergers that may not improve profitability. Next Steps: It's always worth thinking about the different groups who own shares in a company. But to understand K+S better, we need to consider many other factors. Consider for instance, the ever-present spectre of investment risk. We've identified 3 warning signs with K+S (at least 1 which is potentially serious) , and understanding them should be part of your investment process. But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. View Comments |
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| 17.10.24 03:03:53 | Top German Dividend Stocks For October 2024 | |
| As the German economy faces a challenging year with predictions of contraction and a notable drop in factory orders, investors are keenly observing how these factors impact market dynamics. Despite these hurdles, dividend stocks remain an attractive option for those seeking steady income streams amidst economic uncertainty. In such times, strong dividend-paying stocks can provide stability and potential income, making them appealing to investors looking to navigate the current market landscape. Top 10 Dividend Stocks In Germany Name Dividend Yield Dividend Rating Edel SE KGaA (XTRA:EDL) 6.22% ★★★★★★ Deutsche Post (XTRA:DHL) 4.87% ★★★★★★ SAF-Holland (XTRA:SFQ) 5.93% ★★★★★☆ OVB Holding (XTRA:O4B) 4.69% ★★★★★☆ DATA MODUL Produktion und Vertrieb von elektronischen Systemen (XTRA:DAM) 7.35% ★★★★★☆ Uzin Utz (XTRA:UZU) 3.29% ★★★★★☆ Mercedes-Benz Group (XTRA:MBG) 9.34% ★★★★★☆ Allianz (XTRA:ALV) 4.58% ★★★★★☆ FRoSTA (DB:NLM) 3.39% ★★★★★☆ MVV Energie (XTRA:MVV1) 3.76% ★★★★★☆ Click here to see the full list of 33 stocks from our Top German Dividend Stocks screener. Below we spotlight a couple of our favorites from our exclusive screener. MVV Energie Simply Wall St Dividend Rating: ★★★★★☆ Overview: MVV Energie AG, along with its subsidiaries, operates in Germany offering electricity, heat, gas, water, and waste treatment and disposal services with a market cap of €2.02 billion. Operations: MVV Energie AG's revenue segments include electricity (€2.34 billion), heat (€1.05 billion), gas (€1.73 billion), water (€0.11 billion), and waste treatment and disposal (€0.36 billion). Dividend Yield: 3.8% MVV Energie's dividend yield of 3.76% is lower than the top quartile of German dividend payers but remains reliable and stable, having grown over the past decade. The company's dividends are well-covered by both earnings (payout ratio: 47.1%) and cash flows (cash payout ratio: 59.9%). Despite a recent decline in net income due to significant one-off items, MVV maintains a favorable price-to-earnings ratio of 12.5x compared to the broader market's 16.4x, though its high debt level warrants attention for potential investors. Delve into the full analysis dividend report here for a deeper understanding of MVV Energie. In light of our recent valuation report, it seems possible that MVV Energie is trading beyond its estimated value. XTRA:MVV1 Dividend History as at Oct 2024 K+S Simply Wall St Dividend Rating: ★★★★☆☆ Overview: K+S Aktiengesellschaft, with a market cap of €1.88 billion, operates globally as a supplier of mineral products for the agricultural, industrial, consumer, and community sectors. Operations: K+S Aktiengesellschaft generates revenue of €3.72 billion from its Operating Unit Europe+. Story continues Dividend Yield: 6.7% K+S offers a dividend yield of 6.66%, ranking in the top 25% of German dividend payers, yet its sustainability is questionable due to a high payout ratio of 2952.2%. Despite increased sales in Q2, profit margins have significantly declined from last year, and earnings do not adequately cover dividends. Although dividends have grown over the past decade, they remain volatile and unreliable. Recent presentations at investment conferences highlight ongoing investor engagement amidst financial challenges. Dive into the specifics of K+S here with our thorough dividend report. Our valuation report unveils the possibility K+S' shares may be trading at a premium. XTRA:SDF Dividend History as at Oct 2024 Schloss Wachenheim Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Schloss Wachenheim AG is a producer and distributor of sparkling and semi-sparkling wine products in Europe and internationally, with a market cap of €122.76 million. Operations: Schloss Wachenheim AG generates its revenue primarily from the Alcoholic Beverages segment, amounting to €441.51 million. Dividend Yield: 3.9% Schloss Wachenheim's dividend yield of 3.87% is below the top tier in Germany, but its payout ratio of 50.2% suggests dividends are covered by earnings despite a lack of free cash flows. While recent earnings show a slight decline in net income to €9.47 million, dividends have been stable and growing over the past decade with little volatility. However, sustainability concerns persist due to insufficient coverage by cash flows, impacting long-term reliability for investors seeking consistent returns. Click here and access our complete dividend analysis report to understand the dynamics of Schloss Wachenheim. The valuation report we've compiled suggests that Schloss Wachenheim's current price could be quite moderate. XTRA:SWA Dividend History as at Oct 2024 Turning Ideas Into Actions Click this link to deep-dive into the 33 companies within our Top German Dividend Stocks screener. Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes. Simply Wall St is your key to unlocking global market trends, a free user-friendly app for forward-thinking investors. Ready To Venture Into Other Investment Styles? Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include XTRA:MVV1 XTRA:SDF and XTRA:SWA. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com View comments |
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| 02.10.24 03:05:53 | German Exchange's Top Dividend Stocks For October 2024 | |
| As global markets react to China's robust stimulus measures, Germany's DAX index has notably surged by 4.03%, reflecting a positive sentiment across European equities. Despite mixed signals in business activity and consumer confidence, the German market remains a focal point for investors seeking stability through dividend-paying stocks. In this environment, identifying strong dividend stocks becomes crucial as they offer potential income and resilience amidst economic fluctuations. Top 10 Dividend Stocks In Germany Name Dividend Yield Dividend Rating Edel SE KGaA (XTRA:EDL) 6.73% ★★★★★★ MLP (XTRA:MLP) 5.26% ★★★★★☆ SAF-Holland (XTRA:SFQ) 5.17% ★★★★★☆ OVB Holding (XTRA:O4B) 4.69% ★★★★★☆ DATA MODUL Produktion und Vertrieb von elektronischen Systemen (XTRA:DAM) 7.52% ★★★★★☆ Allianz (XTRA:ALV) 4.70% ★★★★★☆ Mercedes-Benz Group (XTRA:MBG) 9.22% ★★★★★☆ Uzin Utz (XTRA:UZU) 3.35% ★★★★★☆ FRoSTA (DB:NLM) 3.20% ★★★★★☆ MVV Energie (XTRA:MVV1) 3.66% ★★★★★☆ Click here to see the full list of 33 stocks from our Top German Dividend Stocks screener. Below we spotlight a couple of our favorites from our exclusive screener. MVV Energie Simply Wall St Dividend Rating: ★★★★★☆ Overview: MVV Energie AG, with a market cap of €2.07 billion, operates in Germany providing electricity, heat, gas, water, and waste treatment and disposal products through its subsidiaries. Operations: MVV Energie AG generates revenue through its primary segments of electricity, heat, gas, water, and waste treatment and disposal products. Dividend Yield: 3.7% MVV Energie AG's recent earnings report showed a decline in net income and profit margins, with third-quarter net income falling to €24.79 million from €112.64 million a year ago. Despite this, the company maintains a reasonably low payout ratio of 47.1%, ensuring dividends are well-covered by earnings and cash flows (59.9%). MVV Energie has consistently paid stable dividends over the past decade and offers a reliable yield of 3.66%, though it's lower than top-tier German dividend payers. Unlock comprehensive insights into our analysis of MVV Energie stock in this dividend report. Upon reviewing our latest valuation report, MVV Energie's share price might be too optimistic. XTRA:MVV1 Dividend History as at Oct 2024 K+S Simply Wall St Dividend Rating: ★★★★☆☆ Overview: K+S Aktiengesellschaft, with a market cap of €2.06 billion, operates as a global supplier of mineral products for the agricultural, industrial, consumer, and community sectors. Operations: K+S Aktiengesellschaft generates €3.72 billion in revenue from its Operating Unit Europe+. Dividend Yield: 6.1% K+S Aktiengesellschaft's dividend yield of 6.09% is among the top 25% in the German market, but its high payout ratio (2952.2%) indicates dividends are not well covered by earnings, though they are covered by cash flows (82.2%). The company's dividend payments have been volatile and unreliable over the past decade. Recent financial results show a net loss of €6.1 million for Q2 2024, despite an increase in sales to €873.8 million from €825.8 million a year ago. Story continues Click to explore a detailed breakdown of our findings in K+S' dividend report. Upon reviewing our latest valuation report, K+S' share price might be too pessimistic. XTRA:SDF Dividend History as at Oct 2024 Schloss Wachenheim Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Schloss Wachenheim AG produces and distributes sparkling and semi-sparkling wine products in Europe and internationally, with a market cap of €125.14 million. Operations: Schloss Wachenheim AG generates €441.51 million from its alcoholic beverages segment. Dividend Yield: 3.8% Schloss Wachenheim's dividend payments are covered by earnings with a payout ratio of 50.2%, and the dividends have been stable and growing over the past decade. However, the current dividend yield of 3.8% is lower than the top 25% of German dividend payers and is not well covered by free cash flows. Recent earnings results show sales increased to €441.51 million, but net income dropped to €9.47 million, impacting basic earnings per share from €1.38 to €1.2 year-over-year. Get an in-depth perspective on Schloss Wachenheim's performance by reading our dividend report here. Insights from our recent valuation report point to the potential undervaluation of Schloss Wachenheim shares in the market. XTRA:SWA Dividend History as at Oct 2024 Key Takeaways Reveal the 33 hidden gems among our Top German Dividend Stocks screener with a single click here. Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly. Enhance your investing ability with the Simply Wall St app and enjoy free access to essential market intelligence spanning every continent. Seeking Other Investments? Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include XTRA:MVV1 XTRA:SDF and XTRA:SWA. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com View comments |
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| 17.09.24 03:03:50 | 3 Premier German Dividend Stocks Yielding Up To 6.4% | |
| With the European Central Bank cutting rates amid signs of weakening economic growth and slowing inflation, Germany's DAX has seen a notable rise of 2.17%. In this context, dividend stocks can offer a stable income stream and potential for capital appreciation. When selecting dividend stocks, it's important to consider companies with strong financial health, consistent earnings, and a history of reliable dividend payments. Top 10 Dividend Stocks In Germany Name Dividend Yield Dividend Rating All for One Group (XTRA:A1OS) 3.25% ★★★★★☆ MLP (XTRA:MLP) 5.39% ★★★★★☆ SAF-Holland (XTRA:SFQ) 5.37% ★★★★★☆ OVB Holding (XTRA:O4B) 4.74% ★★★★★☆ Allianz (XTRA:ALV) 4.80% ★★★★★☆ Mercedes-Benz Group (XTRA:MBG) 9.37% ★★★★★☆ DATA MODUL Produktion und Vertrieb von elektronischen Systemen (XTRA:DAM) 7.69% ★★★★★☆ Uzin Utz (XTRA:UZU) 3.23% ★★★★★☆ FRoSTA (DB:NLM) 3.23% ★★★★★☆ MVV Energie (XTRA:MVV1) 3.76% ★★★★★☆ Click here to see the full list of 32 stocks from our Top German Dividend Stocks screener. Underneath we present a selection of stocks filtered out by our screen. MVV Energie Simply Wall St Dividend Rating: ★★★★★☆ Overview: MVV Energie AG, with a market cap of €2.02 billion, operates in Germany providing electricity, heat, gas, water, and waste treatment and disposal products through its subsidiaries. Operations: MVV Energie AG generates revenue primarily from electricity (€1,825.30 million), heat (€451.20 million), gas (€1,112.70 million), water (€84.80 million), and waste treatment and disposal products (€427.50 million). Dividend Yield: 3.8% MVV Energie's dividend payments have been stable and reliable over the past 10 years, with a reasonable payout ratio of 47.1% and a cash payout ratio of 59.9%, indicating sustainability. However, recent earnings reports show significant drops in net income and EPS compared to last year, which could impact future dividends. The company's current dividend yield of 3.76% is below the top tier in Germany, but its P/E ratio of 12.5x suggests it is undervalued relative to the market average (16.2x). Take a closer look at MVV Energie's potential here in our dividend report. Upon reviewing our latest valuation report, MVV Energie's share price might be too optimistic. XTRA:MVV1 Dividend History as at Sep 2024 K+S Simply Wall St Dividend Rating: ★★★★☆☆ Overview: K+S Aktiengesellschaft, with a market cap of €1.93 billion, operates globally as a supplier of mineral products for the agricultural, industrial, consumer, and community sectors through its subsidiaries. Operations: K+S generates €3.72 billion in revenue through its Operating Unit Europe+. Dividend Yield: 6.5% K+S Aktiengesellschaft's recent earnings report shows a mixed picture for dividend investors. While the company reported increased sales of €873.8 million for Q2 2024, net loss narrowed to €6.1 million from €45.3 million a year ago. Despite these improvements, profit margins remain low at 0.1%, and the dividend payout ratio is unsustainable at 2952.2%. Additionally, K+S's dividends have been volatile over the past decade, raising concerns about reliability despite a high yield of 6.49%. Story continues Click here to discover the nuances of K+S with our detailed analytical dividend report. The valuation report we've compiled suggests that K+S' current price could be quite moderate. XTRA:SDF Dividend History as at Sep 2024 Schloss Wachenheim Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Schloss Wachenheim AG, with a market cap of €121.18 million, produces and distributes sparkling and semi-sparkling wine products in Europe and internationally. Operations: Schloss Wachenheim AG generates €441.16 million in revenue from its alcoholic beverages segment. Dividend Yield: 3.9% Schloss Wachenheim's dividend of 3.92% is not well covered by free cash flows, with a high cash payout ratio of 113.1%. However, the dividend payments have been stable and reliable over the past decade, showing consistent growth. The payout ratio stands at a reasonable 54.2%, indicating coverage by earnings, though it falls short compared to top-tier German dividend payers offering higher yields around 4.88%. Dive into the specifics of Schloss Wachenheim here with our thorough dividend report. Our valuation report unveils the possibility Schloss Wachenheim's shares may be trading at a discount. XTRA:SWA Dividend History as at Sep 2024 Where To Now? Access the full spectrum of 32 Top German Dividend Stocks by clicking on this link. Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly. Discover a world of investment opportunities with Simply Wall St's free app and access unparalleled stock analysis across all markets. Interested In Other Possibilities? Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include XTRA:MVV1 XTRA:SDF and XTRA:SWA. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com View comments |
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| 03.09.24 03:03:55 | 3 German Dividend Stocks Yielding Up To 7.3% | |
| With European inflation nearing the central bank’s target and Germany’s DAX reaching fresh peaks, the German market is showing promising signs of stability. In this environment, dividend stocks can offer a reliable income stream for investors looking to capitalize on steady economic conditions. Top 10 Dividend Stocks In Germany Name Dividend Yield Dividend Rating OVB Holding (XTRA:O4B) 4.74% ★★★★★★ Allianz (XTRA:ALV) 4.90% ★★★★★★ MLP (XTRA:MLP) 5.26% ★★★★★☆ SAF-Holland (XTRA:SFQ) 4.99% ★★★★★☆ Mercedes-Benz Group (XTRA:MBG) 8.55% ★★★★★☆ DATA MODUL Produktion und Vertrieb von elektronischen Systemen (XTRA:DAM) 7.63% ★★★★★☆ Südzucker (XTRA:SZU) 7.39% ★★★★★☆ Uzin Utz (XTRA:UZU) 3.36% ★★★★★☆ MVV Energie (XTRA:MVV1) 3.78% ★★★★★☆ FRoSTA (DB:NLM) 3.33% ★★★★★☆ Click here to see the full list of 31 stocks from our Top German Dividend Stocks screener. Underneath we present a selection of stocks filtered out by our screen. K+S Simply Wall St Dividend Rating: ★★★★☆☆ Overview: K+S Aktiengesellschaft, with a market cap of €1.90 billion, operates globally as a supplier of mineral products for the agricultural, industrial, consumer, and community sectors. Operations: K+S generates €3.72 billion in revenue from its Operating Unit Europe+. Dividend Yield: 6.6% K+S's dividend yield of 6.6% is among the top 25% in Germany, but its payout ratio of 2952.2% indicates dividends are not covered by earnings, raising sustainability concerns. While dividends have grown over the past decade, they remain volatile and unreliable. Recent financials show mixed results: Q2 sales increased to €873.8 million, but net loss was €6.1 million; H1 net income dropped significantly to €12.6 million from €218.2 million last year. Get an in-depth perspective on K+S' performance by reading our dividend report here. According our valuation report, there's an indication that K+S' share price might be on the cheaper side. XTRA:SDF Dividend History as at Sep 2024 SAF-Holland Simply Wall St Dividend Rating: ★★★★★☆ Overview: SAF-Holland SE manufactures and supplies chassis-related assemblies and components for trailers, trucks, semi-trailers, and buses, with a market cap of €773.52 million. Operations: SAF-Holland SE generates revenue from three primary regions: €863.53 million from the Americas, €276.09 million from Asia/Pacific (APAC)/China/India, and €942.98 million from Europe, The Middle East, and Africa (EMEA). Dividend Yield: 5% SAF-Holland's dividend yield of 4.99% places it in the top 25% of German dividend payers, and its low payout ratio of 41.5% indicates dividends are well covered by earnings and cash flows. However, the company's dividend history has been volatile over the past decade. Recent financials show mixed results: Q2 sales dropped to €507.09 million from €555.67 million last year, but net income rose to €24.04 million from €17.58 million, with EPS increasing to €0.53 from €0.39. Story continues Delve into the full analysis dividend report here for a deeper understanding of SAF-Holland. Upon reviewing our latest valuation report, SAF-Holland's share price might be too pessimistic. XTRA:SFQ Dividend History as at Sep 2024 Südzucker Simply Wall St Dividend Rating: ★★★★★☆ Overview: Südzucker AG is a company that produces and sells sugar products in Germany, the rest of the European Union, the United Kingdom, the United States, and internationally, with a market cap of €2.49 billion. Operations: Südzucker AG generates revenue from various segments including Fruit (€1.58 billion), Sugar (€4.59 billion), Starch (€1.12 billion), CropEnergies (€1.16 billion), and Special Products excluding Starch (€2.40 billion). Dividend Yield: 7.4% Südzucker's dividend yield of 7.39% ranks it among the top 25% of German dividend payers, supported by a low payout ratio of 39.4%. However, its dividend history has been volatile over the past decade. Recent Q1 earnings showed sales of €2.55 billion and net income dropping to €83 million from €171 million last year, with EPS declining to €0.36 from €0.80. Additionally, Südzucker completed a share buyback program worth €1.55 million in June 2024. Click here and access our complete dividend analysis report to understand the dynamics of Südzucker. In light of our recent valuation report, it seems possible that Südzucker is trading behind its estimated value. XTRA:SZU Dividend History as at Sep 2024 Key Takeaways Click through to start exploring the rest of the 28 Top German Dividend Stocks now. Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments. Enhance your investing ability with the Simply Wall St app and enjoy free access to essential market intelligence spanning every continent. Want To Explore Some Alternatives? Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include XTRA:SDF XTRA:SFQ and XTRA:SZU. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com View comments |
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| 19.08.24 03:03:40 | Top German Dividend Stocks To Consider In August 2024 | |
| The German market has shown resilience, with the DAX climbing 3.38% amid hopes for interest rate cuts in September. As investors seek stability and income, dividend stocks offer a compelling option in this environment. When considering dividend stocks, it's essential to look for companies with strong financial health and consistent payout histories, especially as markets respond to economic shifts. Top 10 Dividend Stocks In Germany Name Dividend Yield Dividend Rating Allianz (XTRA:ALV) 5.17% ★★★★★★ Deutsche Post (XTRA:DHL) 4.90% ★★★★★★ All for One Group (XTRA:A1OS) 3.05% ★★★★★☆ MLP (XTRA:MLP) 5.17% ★★★★★☆ OVB Holding (XTRA:O4B) 4.74% ★★★★★☆ Mercedes-Benz Group (XTRA:MBG) 8.82% ★★★★★☆ Südzucker (XTRA:SZU) 7.49% ★★★★★☆ Uzin Utz (XTRA:UZU) 3.31% ★★★★★☆ MVV Energie (XTRA:MVV1) 3.66% ★★★★★☆ FRoSTA (DB:NLM) 3.33% ★★★★★☆ Click here to see the full list of 30 stocks from our Top German Dividend Stocks screener. We're going to check out a few of the best picks from our screener tool. K+S Simply Wall St Dividend Rating: ★★★★☆☆ Overview: K+S Aktiengesellschaft, with a market cap of €2.01 billion, operates globally as a supplier of mineral products for the agricultural, industrial, consumer, and community sectors through its subsidiaries. Operations: K+S generates €3.72 billion in revenue from its Operating Unit Europe+. Dividend Yield: 6.2% K+S Aktiengesellschaft reported a net loss of €6.1 million for Q2 2024, an improvement from the €45.3 million loss a year ago. Despite sales growth to €873.8 million, net income for H1 2024 fell sharply to €12.6 million from €218.2 million in H1 2023, raising concerns about dividend sustainability given its high payout ratio and volatile history over the past decade, despite being among the top dividend payers in Germany with a yield of 6.22%. Navigate through the intricacies of K+S with our comprehensive dividend report here. Our valuation report here indicates K+S may be undervalued. XTRA:SDF Dividend History as at Aug 2024 SAF-Holland Simply Wall St Dividend Rating: ★★★★☆☆ Overview: SAF-Holland SE manufactures and supplies chassis-related assemblies and components for trailers, trucks, semi-trailers, and buses with a market cap of €824.36 million. Operations: SAF-Holland SE generates revenue from three primary regions: €863.53 million from the Americas, €276.09 million from Asia/Pacific (APAC)/China/India, and €942.98 million from Europe, The Middle East, and Africa (EMEA). Dividend Yield: 4.7% SAF-Holland reported Q2 2024 net income of €24.04 million, up from €17.58 million a year ago, despite a decline in sales to €507.09 million from €555.67 million. The company forecasts full-year sales around €2 billion but expects lower H2 sales compared to H1. While SAF-Holland's dividend yield (4.68%) is slightly below the top 25% in Germany, its payouts are well-covered by earnings and cash flows, though historically volatile with an unstable track record over the past decade. Story continues Click here and access our complete dividend analysis report to understand the dynamics of SAF-Holland. Our comprehensive valuation report raises the possibility that SAF-Holland is priced lower than what may be justified by its financials. XTRA:SFQ Dividend History as at Aug 2024 Südzucker Simply Wall St Dividend Rating: ★★★★★☆ Overview: Südzucker AG, with a market cap of €2.45 billion, produces and sells sugar products across Germany, the rest of the European Union, the United Kingdom, the United States, and internationally. Operations: Südzucker AG's revenue segments include €1.58 billion from Fruit, €4.59 billion from Sugar, €1.12 billion from Starch, €1.16 billion from CropEnergies, and €2.40 billion from Special Products (excluding Starch). Dividend Yield: 7.5% Südzucker's recent Q1 2024 earnings report showed a decline in net income to €83 million from €171 million a year ago, with basic earnings per share dropping to €0.36. Despite this, the company has maintained strong dividend metrics, offering a yield of 7.49%, which is among the top 25% in Germany. Dividends are well-covered by both earnings (39.4% payout ratio) and cash flows (23.4% cash payout ratio), although their historical volatility raises concerns about long-term reliability and stability. Get an in-depth perspective on Südzucker's performance by reading our dividend report here. In light of our recent valuation report, it seems possible that Südzucker is trading behind its estimated value. XTRA:SZU Dividend History as at Aug 2024 Summing It All Up Delve into our full catalog of 30 Top German Dividend Stocks here. Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools. Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world. Ready For A Different Approach? Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include XTRA:SDF XTRA:SFQ and XTRA:SZU. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com View comments |
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