Ercros Sa dividend – Ercros SA Declares 0.15 Cash Dividend
June 12, 2023
🌥️Dividends Yield
On June 1 2023, Ercros ($BER:CRS1) SA declared a 0.15 cash dividend per share. This marks an increase from the 0.08 EUR per share distributed in annual dividends over the past two years of 2022 and 2023. This gives an average annual dividend yield of 2.44%. This makes Ercros SA a viable option for investors seeking dividend stocks. The ex-dividend date for this dividend is set for June 26, 2023.
The company believes that the dividend payout is a reflection of its commitment to long-term growth and financial stability, as well as its dedication to rewarding shareholders. With this dividend payment, investors will have access to a reliable income stream while reaping the benefits of long-term capital appreciation. Overall, Ercros SA’s decision to declare a cash dividend will benefit both current and potential shareholders, providing them with a steady income that will grow over time.
Market Price
This news caused the company’s stock to rise, opening at €3.3 and closing at €3.4, an increase of 1.4% from its last closing price of €3.3. It is expected that the dividend will be paid out in the near future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Ercros Sa. More…
| Total Revenues | Net Income | Net Margin |
| 953.17 | 58.53 | 7.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Ercros Sa. More…
| Operations | Investing | Financing |
| 88.02 | -52.81 | -21.45 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Ercros Sa. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 633.7 | 270.06 | 3.75 |
Key Ratios Snapshot
Some of the financial key ratios for Ercros Sa are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 13.8% | 46.9% | 9.1% |
| FCF Margin | ROE | ROA |
| 6.4% | 15.0% | 8.5% |
Analysis
At GoodWhale, we have conducted a comprehensive analysis of ERCROS SA‘s financials. Our Risk Rating shows that ERCROS SA is a high-risk investment and is not suitable for all investors. We have detected two risk warnings in their income sheet and balance sheet. We have highlighted these warnings to investors, and encourage them to register with us to gain access to our detailed report and analysis. ERCROS SA’s current financial situation may be concerning to some investors, but we believe that with the right research, monitoring, and guidance, it could still be a worthwhile investment for those willing to take the risk. We have taken the time to look into all the necessary factors that could affect an investment decision, including the company’s market share, its liquidity position, and its current debt levels. This information is available to all our registered users, so sign up now to get full access to our analysis. More…
Summary
Investing in ERCROS SA is a desirable option due to its attractive dividend yield of 2.44%. Over the past two years, ERCROS SA has paid out an annual dividend of 0.08 EUR per share. This has provided investors with consistent returns and a reliable income stream. Furthermore, the stock has proven to be a relative safe-haven amid market volatility, making it an attractive choice for those looking to build a diversified portfolio.
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