Previous close | 6.47 |
Open | 6.47 |
Bid | 6.30 x 360000 |
Ask | 6.30 x 360000 |
Day's range | 6.28 - 6.47 |
52-week range | 6.23 - 9.63 |
Volume | |
Avg. volume | 56,855 |
Market cap | 7.551B |
Beta (5Y monthly) | 1.52 |
PE ratio (TTM) | 4.67 |
EPS (TTM) | 1.35 |
Earnings date | 31 Jul 2024 |
Forward dividend & yield | 0.30 (4.64%) |
Ex-dividend date | 08 May 2024 |
1y target est | 23.35 |
WASHINGTON (Reuters) -The U.S. Transportation Department (USDOT) said on Monday it has imposed $2.5 million in civil penalties in total against Lufthansa, Air France unit KLM Royal Dutch Airways and South African Airways. The civil penalties, the department said, are for significant delays in providing more than $900 million in refunds owed to passengers due to flights disrupted by the COVID-19 pandemic and after thousands of airline customers were forced to wait months.
Amid a backdrop of mixed performances across major European stock indexes, with Germany's DAX experiencing a slight downturn, investors continue to seek stable returns in uncertain times. Dividend stocks, such as those from established German companies, offer potential for steady income, making them an appealing option in the current economic climate where cautious optimism and strategic investment choices prevail.
Lufthansa's bid to buy a stake in Italian peer ITA is set to be blocked by EU antitrust regulators unless there is a substantial improvement to remedies to address competition concerns, people with direct knowledge of the matter said on Thursday. Remedies offered last week are insufficient to allay the European Commission's concerns that the deal may reduce competition in short-haul and long-haul routes connecting Italy to other countries and also reinforce ITA's market power at Milan Linate airport, the people said. There is still time for Lufthansa to offer more remedies, they said, ahead of the Commission's July 4 decision.