BASF to Pay High Dividend for 2023

High Yield of 7.0% Based on Current Stock Price

Investors to Receive €3.40 per Share

BASF, the German chemical giant, has announced plans to pay a dividend of €3.40 per share for the 2023 financial year. This represents a significant increase from the previous year's dividend of €3.10 per share.

Based on the current stock price of €43.00, the dividend yield for BASF shares is an attractive 7.0%. This makes BASF one of the highest-yielding stocks in the European chemical sector.

BASF's dividend policy is a key part of its commitment to shareholders. The company has a history of consistently paying dividends, even during challenging economic times.

Analysts expect BASF to continue to pay a high dividend in the future. The company's strong financial performance and commitment to shareholder returns make it a compelling investment for income-oriented investors.