What is the Mercedes-Benz result in 2024?
Mercedes-Benz Group has reported revenue of €145. Net profit for the year 2024 also saw a decline, reaching €10. Mercedes-Benz Group is a dividend paying company with a current yield of 8.
Are Mercedes-Benz in trouble?
Mercedes-Benz’s revenue fell short of expectations in the second quarter of 2024. The German luxury carmaker anticipates continued weak demand and has adjusted its margins guidance downward. Therefore, Mercedes-Benz’s luxury positioning and its costly long-term maintenance fees are parts of its weaknesses in attracting a larger group of consumers in the EV market. Mercedes-Benz underwent several large-scale recalls in its history due to emission scandals and fire risks in its EV model EQS and EQC.
Is Mercedes a good dividend stock?
The mean historical Dividend Yield of Mercedes-Benz Group AG over the last ten years is 6. The current 8. Dividend Yield has changed 27. Over the past ten years (40 quarters), MBG. DE’s Dividend Yield was at its highest in in the June 2022 quarter at 9. Mercedes-Benz Group AG pays annually dividends. Payout is in May.