BASF slashes dividend for next 4 years amid structural overhaul
WEB4 days ago · German chemicals giant BASF on Thursday slashed the dividends it plans to pay out in 2025 and in the following three years to preserve cash as it grapples with weak demand in Europe and eyes...
BASF sets new direction with corporate strategy and maintains …
WEB4 days ago · The updated dividend policy is underpinned by the following new financial targets of BASF. EBITDA before special items is expected to be €10 billion to €12 billion in 2028 in mid to upcycle conditions. The cumulative free cash flow for 2025 to 2028 is expected to be more than €12 billion.
BASF slashes dividend amid worsening German industrial gloom
WEB4 days ago · BASF, the world’s largest chemicals group, has slashed its dividend by a third, plans to cut capital expenditure and is preparing to partially list its agricultural unit as it battles its worst...
BASF Slashes Dividend, Plans Portfolio Shake-Up in Strategy Shift ...
WEB4 days ago · BASF cut its annual dividend and opened the door to shedding noncore assets, including a potential listing of its agricultural-chemicals business, as part of the German chemicals giant's new...
BASF Slashes Dividend, Weighs Unit Listing as Slump Deepens
WEB4 days ago · BASF said it sees €600 million in annual costs related to the shift in the coming years. The dividend will be at least €2.25 per share, the lowest in more than a decade.
BASF Slashes Dividend for Next 4 Years Amid Structural Overhaul
WEB4 days ago · (Reuters) -German chemicals giant BASF on Thursday slashed the dividends it plans to pay out in 2025 and in the following three years to preserve cash as it grapples with weak demand in Europe...
BASF Seeks Overhaul With Lower Dividend, Focus on Core Units
WEB4 days ago · BASF SE will cut its dividend and hive off assets as part of a broad overhaul that could involve further plant closures in Germany to counter high energy prices and a persistent slump in China.
BASF Slashes Dividend, Weighs Unit Listing as German Woes Deepen
WEBBASF SE will cut its dividend and hive off assets as part of a broad overhaul that could involve further plant closures in Germany to counter high energy prices and a persistent slump in China.
BASF’s financial strength supports proposed stable dividend of …
WEBWith this proposed dividend, the BASF share offers a high dividend yield of 7.0 percent based on the year-end share price for 2023. BASF is part of the DivDAX share index, which contains the 15 companies with the highest dividend yield in the DAX 40.
Dividend - BASF
WEBOn April 25, 2024, the Annual Shareholders’ Meeting of BASF SE approved to pay a dividend of €3.40 per share and thus €3.0 billion will be paid out to the shareholders of BASF SE. The dividend will be paid out to shareholders on April 30, 2024.