Austrian oil and gas trader with big dividends: Why the disappointment about the quarterly figures is unfounded. Read now!

Austrian oil and gas trader with big dividends: Why the disappointment about the quarterly figures is unfounded. Read now!

According to a report by www.boerse-online.de, the Austrian oil and gas trader's business has normalized after the record year of 2022. The operating result is 10 percent below analysts' estimates, the net result is even 34 percent below, and the operating result is 62 percent lower than in the previous year. However, the company's dividend yield is currently more than 10 percent. In addition to the regular payments, the company is also planning an additional special dividend.

The company's current figures suggest that business has returned to normal after the extraordinary year of 2022. Although the quarterly results appear disappointing, the 9-month result is still the second best in the company's history. The return to normal raw material and energy prices has caused the company's shares to lose around 18 percent in value over the last 12 months.

The planned additional special dividend and the prospect of future regular payments could increase investor interest in the company's shares. The dividend yield of over 10 percent is an attractive offer for investors, especially given the low interest rate policies of many central banks. This development could help increase demand for the stock and support its price in the long term.

Overall, the company's dividend policy shows that it is committed to creating long-term value for shareholders and allowing them to participate in the company's success. This could have a positive impact on the stock's valuation and investor confidence in the company.