Enervit Spa stock dividend – Enervit SpA Declares 0.13 Cash Dividend

🌥️Dividends Yield

On May 25 2023, Enervit ($LTS:0N9T) SpA declared a 0.13 cash dividend, with a dividend yield of 3.31%. This is higher than the average dividend yield of 3.31%. The annual dividend per share stands at 0.11 EUR for the previous financial year. For those looking for dividend stocks, Enervit SpA is worth considering. The ex-dividend date is set for May 22, 2023.

This means that shareholders who own the stock before the ex-dividend date will be eligible to receive the dividend payout. It is also important to note that the dividend yield could change depending on the price of the stock and other factors affecting the company’s performance. Enervit SpA’s dividend declaration demonstrates the company’s commitment to rewarding shareholders with cash dividends. This may be attractive to potential investors looking for reliable dividend income from a well-established company.

Price History

The stock opened at €3.1 and remained steady throughout the day, closing at the same rate. The dividend payment is a significant milestone for the company and a sign of confidence in their future prospects. The board of directors believes that the dividend payment is a reflection of their efforts to provide value to its shareholders and further strengthen their financial position. The dividend will be paid out in the form of a cash payment to shareholders on record as of the close of business on Thursday. Shareholders should expect to receive their dividend payments within the next few weeks.

The company has established itself as a reliable and trusted partner for businesses and individuals alike, with a history of providing high-quality products and services. The company’s decision to pay out its first dividend is a testament to its commitment to rewarding shareholders for their continued support and loyalty. This move should go a long way in further increasing investor confidence in the company’s future prospects. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Enervit Spa. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Enervit Spa. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Enervit Spa. More…

Key Ratios Snapshot

Some of the financial key ratios for Enervit Spa are shown below. More…

Analysis – Enervit Spa Intrinsic Value Calculator

At GoodWhale, we recently conducted an analysis of ENERVIT SPA‘s financials and determined the intrinsic value of its shares to be around €3.7. This value was calculated using our proprietary Valuation Line, which assesses potential investments from multiple angles. We are pleased to report that the stock is now being traded at €3.1, representing a fair price that is 15.3% undervalued. In other words, those investors who buy in now have the potential to experience significant returns in the future. More…

Peers

It is competing with other top companies in the industry such as Xiangpiaopiao Food Co Ltd, Guangdong Yantang Dairy Co Ltd, and Jiajia Food Group Co Ltd. All of these companies are committed to providing quality nutrition products to their customers.

– Xiangpiaopiao Food Co Ltd ($SHSE:603711)

Xiangpiaopiao Food Co Ltd is a Chinese food manufacturer and distributor that has a market cap of 8.48B as of 2023. The company’s Return On Equity (ROE) is 7.75%. Xiangpiaopiao Food Co Ltd has been able to successfully grow their business by producing high-quality, innovative products that are tailored to the needs of the Chinese market. The company’s strong financial performance is further demonstrated by its impressive ROE. This indicates that the company is generating a high return on its equity, indicating that their operations are efficient and profitable. With a market capitalization of 8.48B, Xiangpiaopiao Food Co Ltd is well positioned to continue their growth and success in the future.

– Guangdong Yantang Dairy Co Ltd ($SZSE:002732)

Guangdong Yantang Dairy Co Ltd, a Chinese-based dairy company, has a market cap of 3.46B as of 2023. This means that it is valued at 3.46B US dollars, making it one of the largest dairy companies in the world. The company’s Return on Equity (ROE) of 6.48% indicates that the company is strong in terms of generating profits from investments and efficiently uses its assets and equity to generate income. Guangdong Yantang Dairy Co Ltd provides a variety of dairy products, including yogurt, UHT milk, cheese, and ice cream, to customers in China and abroad. The company also develops value-added products such as organic milk, fortified milk, and specialty dairy products.

– Jiajia Food Group Co Ltd ($SZSE:002650)

Jiajia Food Group Co Ltd is a leading Chinese food & beverage company that distributes a wide variety of foods including frozen meat, snacks, and vegetables. As of 2023, Jiajia Food Group Co Ltd has an estimated market capitalization of 4.22 billion USD. The company’s Return on Equity (ROE) is -2.04%, indicating that the company is not generating a return on the capital that the shareholders have invested in the company. The negative ROE indicates that the company is not efficiently utilizing its assets to generate a return for shareholders.

Summary

ENERVIT SPA is an attractive investment opportunity for investors seeking a steady income. The company boasts a 3.31% dividend yield, which is slightly higher than the average 3.31% yield of the market. Furthermore, the company pays an annual dividend per share of 0.11 EUR for the previous financial year. Investors can expect a steady and reliable income from this dividend as well as potential capital appreciation of their investment over time.

Furthermore, ENERVIT SPA is well established and has a long track record of providing quality goods and services, which further enhances their potential to provide investors with strong returns. All in all, ENERVIT SPA is an excellent option for those looking for a reliable income investment.