Symrise AG Stock Price Fluctuations
Symrise AG, a German chemical manufacturer listed on the Frankfurt Stock Exchange, has experienced fluctuations in its stock price over the past few days.
Dividend Payout Increase The company’s dividend payout for 2024 has been increased by 9.09% compared to the previous year, with a total of 153.75 million euros to be distributed among shareholders.
Market Trends and Impact The stock price has been affected by broader market trends, including concerns over US debt and economic uncertainty. As a result, the DAX index has seen a decline, with Symrise’s stock price also experiencing a drop.
Company Fundamentals Despite the decline in stock price, Symrise’s fundamentals remain strong, with a market capitalization of over 14.34 billion euros and a price-to-earnings ratio of 29.99.
Key Statistics
- Market capitalization: over 14.34 billion euros
- Price-to-earnings ratio: 29.99
- Dividend payout for 2024: 153.75 million euros