European Dividend Aristocrats and French cosmetic giant L’Oreal’s (OR.PA) board of directors has decided to renounce the planned increase in the dividend of 10.4%, and consequently to propose to the Annual General Meeting a dividend of €3.85. The company’s annual general meeting is set for June 30 and will take place behind closed doors. Since…
The European Dividend Aristocrats are based (by S&P) on the 40 highest dividend-yielding Eurozone companies within the S&P Europe Broad Market Index (BMI). European Dividend Aristocrats managed dividends policy of increasing or stable dividends for at least 10 consecutive years, which is different from the US-edition. This article lists the current European Dividend Aristocrat constituents…
Euro dividend aristocrat Bureau Veritas (BVI.PA) announced that its board of directors has decided not to propose a dividend payment at its annual shareholders’ meeting of 26 June, in order to comply with regulatory provisions in return for assistance from the French government. In order to preserve its capacity to ensure a rapid rebound after…
On Friday, the broker Credit Suisse upgraded its rating on Nestle from ‘underperform’ to ‘neutral’. The Credit Suisse analyst has also raised its target price for the share from 93 CHF to 103 CHF. Diving into Nestlé’s coffee business – which accounts for about 25% of the group’s profits – the broker said it expects…
S&P Europe 350® Dividend Aristocrats® measure the performance of S&P Europe 350 constituents that have followed a policy of consistently increasing dividends every year for at least 10 consecutive years. The index benchmark is the S&P Europe 350 index Like the (US) Dividend Aristocrats “big brother”, the European Dividend Aristocrats also tend to outperform its…
European dividend aristocrat L’Oréal (OR.PA) and the world’s biggest make-up company revenues reached 29.87 billion euros as reported on 31 December 2019, up 10.9%. On a like-for-like basis, sales growth reached 8.0%. Net profit reached 4.4 billion euros, compared to 4 billion euros in 2018. On the news, L’Oréal is trading at $277 up almost…
European Dividend aristocrat and French drugmaker Sanofi (SAN.PA) reported an EPS of 5.99 euros, up 6.8% Net sales were 36.13 billion euros, up 4.8% as reported, and up 2.8%, including vaccine sales of 5.73 billion euros, up 9.3% and therefore in line with the average growth rate expected between 2018 and 2025. Sanofi’s board of…
European Dividend aristocrat and Danish pharmaceutical company Novo Nordisk AS (NOVO-B.CO) reported on Wednesday a revenue growth of 9.0% and 4.8% earnings-per-share growth in Q4. Net profit in Q4 rose to 8.72 billion DKK ($1.29 billion) from DKK8.5 billion a year earlier. Sales in Q4 rose to DKK32.42 billion against analysts’ expectations of DKK31.95 billion.…
In this post, we will have a look at the dividend-paying stocks which are a member DAX. The DAX is one of the major European indexes and comprised of the 30 largest and most traded companies in Germany. It represents around 80 percent of the market capitalization of listed stock corporations in Germany. For non-European…
Jefferies has downgraded its rating on Nestlé (NESW.SW) from ‘buy’ to ‘hold’ on Friday, saying that its ‘good work’ over the past three years has now been ‘priced in.’ To continue to re-rate, Nestlé needs to deliver decisively against its 2020 ‘mid-single digit’ growth guidance, the US broker said. ‘This feels too much of a…