|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's range||0.4960 - 0.4960|
|52-week range||0.4500 - 0.8000|
|Beta (5Y monthly)||1.06|
|PE ratio (TTM)||2.92|
|Forward dividend & yield||0.04 (8.99%)|
|Ex-dividend date||21 Jun 2022|
|1y target est||N/A|
TOKYO (Reuters) -Honda Motor Co said on Wednesday its Chinese unit will establish a joint venture with Dongfeng Motor Group and Guangzhou Automobile Group Co at the end of the month to procure batteries for fully electric vehicles. The automaker's Chinese division has also agreed to strengthen its existing partnership with CATL, the world's largest battery maker, to ensure a stable supply of batteries, it said in a statement. At present, Honda's joint ventures to manufacture and sell four-wheel vehicles in China, Dongfeng Honda and Guangqi Honda, receive their batteries separately from CATL.
(Bloomberg) -- Most Read from BloombergThese Are the World’s Most (and Least) Powerful Passports in 2022Kissinger Warns Biden Against Endless Confrontation With ChinaChina Disputes Report Xi Invited Europe Heads to Beijing MeetingIt was one of the very first international auto brands to enter China, widely recognized by consumers and understood by its owners to have huge potential. And yet, Jeep is shutting down its only plant in the world’s largest market.The announcement this week that Stellan
Stellantis (STLA) carries out a heads of agreement with Dongfeng over the 99.2 million common shares of STLA that the latter owns.
Given the uncertain economic outlook, it is difficult to assess whether previous dividend forecasts are still useful. Yet, dividend payouts are a vital part of...