Deutsche Bank Aktiengesellschaft (NYSE:DB) Announces Annual Dividend of €1.00

by · The Markets Daily

Deutsche Bank Aktiengesellschaft (NYSE:DB – Get Free Report) declared an annual dividend on Tuesday, February 3rd. Stockholders of record on Monday, June 1st will be given a dividend of 1.00 per share by the bank on Tuesday, June 2nd. This represents a dividend yield of 251.0%. The ex-dividend date of this dividend is Monday, June 1st. This is a 95.2% increase from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.51.

Deutsche Bank Aktiengesellschaft has a payout ratio of 5.9% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Deutsche Bank Aktiengesellschaft to earn $3.11 per share next year, which means the company should continue to be able to cover its $0.21 annual dividend with an expected future payout ratio of 6.8%.

Deutsche Bank Aktiengesellschaft Stock Down 5.0%

Shares of DB traded down $1.98 during mid-day trading on Wednesday, reaching $37.87. The company had a trading volume of 5,253,913 shares, compared to its average volume of 2,962,097. The company has a current ratio of 0.76, a quick ratio of 0.78 and a debt-to-equity ratio of 1.43. The company’s 50 day simple moving average is $38.27 and its 200 day simple moving average is $36.30. Deutsche Bank Aktiengesellschaft has a 1-year low of $18.73 and a 1-year high of $40.43.

Deutsche Bank Aktiengesellschaft (NYSE:DB – Get Free Report) last released its quarterly earnings data on Thursday, January 29th. The bank reported $0.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.72 by $0.16. Deutsche Bank Aktiengesellschaft had a net margin of 10.02% and a return on equity of 7.49%. The business had revenue of $8.99 billion during the quarter, compared to analysts’ expectations of $7.71 billion. On average, sell-side analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal year.

About Deutsche Bank Aktiengesellschaft

(Get Free Report)

Deutsche Bank Aktiengesellschaft is a global banking and financial services company headquartered in Frankfurt, Germany. Founded in 1870 to support German foreign trade, the firm has grown into a full-service bank offering a wide range of banking, advisory and transaction services to corporate, institutional, and private clients. Over its history the bank has expanded internationally and developed capabilities across capital markets, investment banking, retail and commercial banking, and wealth management.

The bank’s core business activities include corporate and investment banking—covering financing, advisory, sales and trading, and capital markets services—along with private & commercial banking for individual and small-to-medium enterprise clients.

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