DWS Group Advises Against Unnecessary Alarm: Stay Calm
Yo, let's talk about DWS Group (WKN: DWS100), a mighty dividend stock on Germany's stock market. Since hitting the market in 2018, this asset manager has been dishing out some juicy payouts to investors. And guess what? It's dividend time again!
Last year, DWS set the bar high, dropping a massive four-euro bonus dividend on top of the regular 2.10 euros. That's right, shareholders pocketed a solid 9% return! This time around, the bonanza ain't as big, nor should you keep your fingers crossed for more special payouts in the near future.
However, the annual general meeting last Friday signed off on an upgrade to the standard dividend from 2.00 euros to a beefed-up 2.20 euros. At the current price, this adds up to a sweet 4.5% yield. And here's a fun fact: The DWS share is actually on an upward trajectory today, defying the typical ex-dividend day trend that sees the share price slipping into the red.
The DWS share is currently down by about 2%, but it's still up around 50% over the past 12 months. Shareholder reps were generally optimistic at the annual general meeting. CEO Stefan Hoops even hinted at potential acquisitions driven by market volatility. With a substantial capital buffer still on hand, Hoops pointed out, "This allows us to seize new opportunities and pursue them."
Hear me out, the dividend is one of the major draws for DWS share holdin' folks. With a P/E ratio of 11, the shares are priced right, squarely in line with the average since the 2018 IPO. The stock price uptrend, which has been going strong since last summer, shows no signs of abatement.
Not just dividend chasers are getting in on the action. The ceiling stands at 35.00 euros for now.
- Despite the smaller bonus dividend this year, investing in DWS Group still offers an attractive yield of 4.5%, given the increased standard dividend and the stock's current price.
- For those interested in finance and investing, the stock-market performance of DWS Group, with its dividend hike and ongoing price uptrend, might be an enticing opportunity for long-term returns.
