Tuesday 24 September 2013

RWE AG: Paying Good Dividend Yield




German Economy

Germany gives many good reasons to investors for investing in the country. It has the biggest market in Europe. Many medium-sized German companies are world leaders in their respective product categories. These companies also have good reputations for quality and reliability. I am sharing one of the beste dividendenstarke Dividende in Deutschland which is currently paying good yield and can make profit for investors. 

RWE AG 

RWE AG is a German electric utilities company which supplies electricity and gas to more than 20 million electricity customers and 10 million gas customers mainly in Europe. The company spreads its activities into seven divisions: Germany, the United Kingdom, the Central Eastern and South Eastern Europe, the Renewables division, the   Upstream Gas & Oil division and the Trading/Gas Midstream division which encompasses energy trading, gas midstream activities, and sales to German clients.
The company is the second largest electricity producer in Germany. It is also the largest German investor in Egypt. Around 70,000 employees supply over 16 million electricity customers and nearly eight million gas customers with energy, both reliably and at fair prices. The company is No. 1 in the gas business in the Czech Republic and also has leading positions in other markets in Central Eastern Europe.

History

The company was founded in Essen in 1898. The first power station of the company started the operation in Essen in 1900. In that year the local municipalities together owned the majority of the company. In 2001, the company took over the British company Thames Water. It agreed to acquire the British electricity and gas utility company Innogy for $3 billion (US$4.3 billion) in March 2002. In July 2002 the company sold its 50 per cent share of Shell & DEA Oil to Shell.
In the year of 2003 Dr. Dietmar kuhnt was succeeded by Harry Roels as CEO of the company and then in 2007 Dr. Juergen Grossmann took over. The company disposed of Thames Water to Kemble Water Limited in 2006 and in July 2012, Peter Terium took over as CEO.
In June 2000, the German nuclear power operators reach agreement with the federal government on the outline conditions for the continued operation and the waste management of German nuclear power plants. In the year of 2008 the company participated in one of the most important infrastructure projects to safeguard Europe’s gas supply.
Strategy
RWE company’s strategies are to become more sustainable, more international and more robust.
·         More Sustainability: it is one of the main strategies of RWE Group. There are some good reasons such as only sustainable business will achieve entrepreneurial success over the long term. The company is focusing on the areas for action environment, community and employees, and corporate governance.
·         More international: it is a European power and gas corporation which is focusing on Central Europe. With its growth activities the company will be significantly broadening the focus in the future.
·         More Robust: the company has a balanced plant portfolio at its disposal and is represented at all value chain levels of the energy industry. It plans to build risk spreading, flexibility and financial strength as they are the strengths of the company. 

Dividend Announcement

On April 18 2013, in Essen, Germany, the company held an Annual General Meeting which resolved to distribute a dividend of $2.00 per dividend bearing share for the fiscal year from 1 January 2012 to 31 December 2012.
As of May 2013, Urenco Group was owned by the British and Dutch governments, with one-third each, and with the German third held jointly by E.On and RWE.

Dividend History

RWE AG has a current market capitalization of 12.97 Billion, EPS is 1.14, P/E ratio is 18.50 and the dividend yield is 9.48% at the annual dividend payout of 2.00.


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