Previous close | 184.00 |
Open | 183.00 |
Bid | N/A x N/A |
Ask | N/A x N/A |
Day's range | 183.00 - 183.00 |
52-week range | 110.00 - 306.05 |
Volume | |
Avg. volume | 198 |
Market cap | 32.164B |
Beta (5Y monthly) | 1.33 |
PE ratio (TTM) | 10.23 |
EPS (TTM) | 17.88 |
Earnings date | N/A |
Forward dividend & yield | 10.05 (5.49%) |
Ex-dividend date | 02 May 2024 |
1y target est | N/A |
European shipping firms Maersk and Hapag-Lloyd are unlikely to get a big boost from soaring freight rates due to the Red Sea crisis in the first quarter, reinforcing worries about overcapacity in the long run. Spot freight rates tripled to almost $3,500 a container after vessels began avoiding the Red Sea due to attacks by Houthi militants, the Freightos Baltic Index showed. That compares to the pandemic peak of $13,559, at a time when shippers ordered new vessels in a move that later caused overcapacity, according to Stifel analyst Marc Zeck.
As Europe shows signs of economic recovery, with Germany's DAX index recently gaining 2.39%, investors are cautiously optimistic about the region's financial health. In this context, exploring dividend stocks in Germany could be particularly interesting, as these stocks often provide potential income stability amidst market fluctuations.
Hapag-Lloyd Aktiengesellschaft's ( ETR:HLAG ) dividend is being reduced from last year's payment covering the same...