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thyssenkrupp AG (TKA.DE)
| Previous close | 4.2280 |
| Open | 4.2380 |
| Bid | 4.1600 x 142800 |
| Ask | 4.1600 x 10700 |
| Day's range | 4.1450 - 4.2890 |
| 52-week range | 3.9650 - 7.5160 |
| Volume | |
| Avg. volume | 3,456,867 |
| Market cap | 2.596B |
| Beta (5Y monthly) | 1.96 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -3.7200 |
| Earnings date | 14 Aug 2024 |
| Forward dividend & yield | 0.15 (3.60%) |
| Ex-dividend date | 05 Feb 2024 |
| 1y target est | 9.20 |
ReutersThyssenkrupp says steel joint venture sale under review after suitor emerged
FRANKFURT/DUESSELDORF (Reuters) -Thyssenkrupp, Salzgitter and France's Vallourec are reviewing a sale of their steel joint venture HKM after they were approached by a potential buyer, Germany's largest steelmaker said on Friday. A sale of HKM, of which Thyssenkrupp owns 50%, would be a major step in the group's efforts to restructure its steel business, ahead of a potential partial sale to Czech billionaire Daniel Kretinsky. "We confirm that we have been approached by an interested party for the acquisition of HKM," Thyssenkrupp said in a statement, adding a sales process was being reviewed in consultation with Salzgitter and Vallourec, which hold 30% and 20% in HKM, respectively.
Simply Wall St.Avoid Thyssenkrupp And Explore This One Attractive Dividend Stock
In the search for reliable dividend stocks in Germany, investors often find themselves navigating through a mix of attractive opportunities and potential pitfalls. A key factor to consider is the sustainability of a company's dividend payouts. High payout ratios, such as those seen with Thyssenkrupp, can be a red flag indicating that dividends might not be supported by the firm’s financial health over the long term.
- Reuters SG
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