Does Mercedes stock pay a dividend?
How much is Mercedes-Benz Group’s dividend? MBGAF pays a dividend of $5. MBGAF’s annual dividend yield is 8. Mercedes-Benz Group AG has an annual dividend of $1. The dividend is paid once per year and the last ex-dividend date was May 9, 2024.
Why is Mercedes-Benz stock so low?
Summary. Mercedes-Benz faces challenges with declining premium car demand and competition, particularly in China, but remains a premium brand with strong fundamentals and potential for recovery. Mercedes-Benz Is Driving Forward to the Future. The automaker spends billions every year on frankly exotic R&D, looking to optimize everything from braking to color customization to the supply of battery power in its future cars.
Is Mercedes stock a buy?
Mercedes-Benz Group has a consensus rating of Hold which is based on 4 buy ratings, 8 hold ratings and 1 sell ratings. The average price target for Mercedes-Benz Group is $69. This is based on 13 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The revenue of Mercedes-Benz Group increased by over 2. As of 2023, the company registered revenue of around 153.The German car manufacturer Mercedes-Benz continues to struggle with a lacklustre auto market and weakening demand. Mercedes-Benz is expected to cut its passenger car business profit expectations for the mid-term, following the market seeing an ongoing decrease in demand, according to reports.
Is Mercedes-Benz a good long-term investment?
Their excellent construction and reliability consistently rank them among the sought-after used luxury cars. Moreover, owning a Mercedes comes with the perk of holding its value over time. When you eventually decide to sell, you can look forward to a solid return on your investment. When it comes to luxury cars, both Mercedes and BMW are expensive. However, Mercedes tends to be slightly more expensive than BMW. In terms of value for money, BMW offers slightly better value than Mercedes.