Will BASF stock pay the 8% dividend yield? Will German dividend stock BAS cut the dividend?

Will BASF stock pay the 8% dividend yield? Will German dividend stock BAS cut the dividend?

The Daily Dividends Channel

54 года назад

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BASF is a German dividend stock and is the largest chemical company in the world, founded in 1865.

BASF is coming close to its 52 week low of €40 with a current share price of €41 per share.

BAS stock pays a dividend of €3.40 for the last two years and seems to raise its dividends annually, paying 1 dividend payment per year.

BAS stock is not looking good financially though, profits are flat and the struggle is real. On the plus side BASF has a dividend ratio of 50% which is not bad.

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