This dividend yield is more than sporting.
What do you think of dividend investments? Today we have a value for you from BMW that promises a 9% dividend yield. Find out how we see the stock and if you can make a good cut with the value in the coming year. The BMW Group, with its brands BMW, Mini and Rolls Royce, is one of the world’s leading manufacturers of high-end passenger cars. Motorcycles and financial services round off the product range. The company operates 28 production sites in 13 countries as well as a global sales network with representations in over 150 countries.
Low interest rates dampened the mood – is it soon going up again? BMW has increased its sales by 9.2% to 112.5 billion euros in the first 9 months. This was accompanied by a profit of 9.6 billion euros, which was 42% lower. Deliveries increased by 5.1% to 1.8 million units. The share of fully electric vehicles rose by 84% to 13.4%. The EBIT margin in the automotive sector improved by 1.6 percentage points to 10.3%. For motorcycles, this was slightly down at 12%.
Delivery figures are stable across the three major brands. BMW increased by 5.7%, Mini remained almost unchanged, and RollsRoyce decreased by 3.1%. 143,000 vehicles were produced more than delivered. The number of financial services was down 5.6% to 1.11 million new contracts. The current interest rate situation is likely to play a role here. The cash flow in the automotive sector fell by 42% to 5.7 billion euros.
An expanded cooperation with the cloud service provider AWS is to bring further progress in the field of autonomous driving. In particular, algorithms should be improved to reliably handle the high data volumes.
More than just a hefty dividend For this step, the Federal Motor Transport Authority has also granted BMW the stage 3 approval after Mercedes. BMW also wants to gain a unique selling point with the development of the fuel cell. Unlike Toyota, which sees the use more in commercial vehicles, BMW is the only German manufacturer to use it in passenger cars in the future. The focus will be on the large SUVs. BMW not only scores points with the dividend. The operational perspective is also positive. You can expect a sporting return here.