Daimler Truck Holding AG Reports Stable Stock Price and Dividend Payout
Daimler Truck Holding AG’s stock price closed at €38.55 as of today’s market close, representing a 1.15% increase from the previous day. This follows a 3.96% decline yesterday, which ranked the company among the largest losers in the DAX.
The company’s annual general meeting approved a dividend of €1.90 per share, marking the third consecutive year of dividend payout. This decision will result in a payout of over €1.5 billion to shareholders.
Key Dividend Details:
- Approved dividend: €1.90 per share
- Total payout: over €1.5 billion
- Dividend yield: 5.2%
The company’s commitment to maintaining its dividend payout has provided some stability for investors amidst market volatility.