Deutsche Bank Aktiengesellschaft (DB) to Issue Annual Dividend of €1.00 on June 2nd

Deutsche Bank Aktiengesellschaft (NYSE:DB) announced an annual dividend on Tuesday, February 3rd. Shareholders of record on Friday, May 29th will be given a dividend of 1.00 per share by the bank on Tuesday, June 2nd. This represents a yield of 251.0%. The ex-dividend date is Friday, May 29th. This is a 95.2% increase from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.51.

Deutsche Bank Aktiengesellschaft has a dividend payout ratio of 5.9% indicating that its dividend is sufficiently covered by earnings. Analysts expect Deutsche Bank Aktiengesellschaft to earn $4.68 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 4.5%.

Deutsche Bank Aktiengesellschaft Price Performance

DB stock opened at $33.49 on Wednesday. The business has a fifty day moving average of $31.23 and a two-hundred day moving average of $34.86. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 1.40. The stock has a market cap of $64.97 billion, a price-to-earnings ratio of 9.23, a price-to-earnings-growth ratio of 0.43 and a beta of 0.94. Deutsche Bank Aktiengesellschaft has a 52-week low of $27.13 and a 52-week high of $40.43.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last posted its earnings results on Wednesday, April 29th. The bank reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.15 by $0.09. The company had revenue of $10.04 billion during the quarter, compared to analysts’ expectations of $9.85 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 7.69% and a net margin of 10.43%. As a group, research analysts anticipate that Deutsche Bank Aktiengesellschaft will post 4.02 earnings per share for the current year.

Deutsche Bank Aktiengesellschaft Company Profile

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.