Is Daimler Truck a good stock?
Daimler Truck Holding AG has a consensus rating of Moderate Buy, which is based on 6 buy ratings, 5 hold ratings and 1 sell ratings. The average share price target for Daimler Truck Holding AG is 42. This is based on 12 Wall Streets Analysts 12-month price targets, issued in the past 3 months. Daimler AG acquired a 43 percent shareholding in Mitsubishi Fuso in 2003, as a spin-off of Mitsubishi Motor Corporation’s Truck & Bus Division. Since 2011, Daimler has held a stake of just under 90 percent.The Mercedes-Benz Group is the largest individual shareholder of Daimler Truck Holding AG. Other major shareholders include the Mercedes-Benz Pension Trust e. V. Kuwait Investment Authority.
Does Daimler pay dividends?
Dividend Summary The next Daimler Truck Holding AG dividend is expected to go ex in 8 months and to be paid in 8 months. The previous Daimler Truck Holding AG dividend was 190¢ and it went ex 5 months ago and it was paid 4 months ago. There is typically 1 dividend per year (excluding specials). The most recent ex-dividend date was May 28, 2025. If you purchase the stock before its ex-dividend date, you’ll be eligible for the upcoming dividend payment. Daimler Truck Holding AG’s payout ratio is 0.Leinfelden-Echterdingen – At the Annual General Meeting of Daimler Truck Holding AG (Daimler Truck), a dividend of €1. Based on the current share price, this represents a dividend yield of around 5%. The distribution will take place on June 2, 2025.When does Mercedes-Benz Group AG pay dividends? Mercedes-Benz Group AG pays annually dividends. Payout is in May. When is the next dividend from Mercedes-Benz Group AG?
Does Daimler own 10% of Tesla?
In 2009, during a financial crisis, Daimler, a well-established car manufacturer, made an audacious move: it purchased nearly 10% of Tesla, a fledgling electric car company, for $50 million. This stake would be worth a jaw-dropping $55 billion today. With a valuation of roughly $1. Tesla has reached its highest valuation in more than two years. Its next biggest competitors by market cap are Japan’s Toyota Motor Co. TM) and China’s BYD (BYDDY), worth $288 billion and $114 billion, respectively.In October 2014, both Daimler and Toyota sold their holdings of Tesla shares with a combined profit of over US$1 billion. On June 29, 2010, Tesla Motors launched its initial public offering on NASDAQ.