- Proposed dividend of €1.95 per share corresponds to previous year’s dividend
- Good credit ratings and solid financing: three bonds for €1.5 billion, €1.35 billion and £400 million successfully floated since the beginning of 2009
You can reach our investor relations team by phoning +49 621 60 48230 or
Market trend
BASF shares closed the first quarter at €22.79 per share, around 18% lower than at the end of 2008. In a market that continues to be impacted by the financial and economic crisis, the DAX 30 and DJ EURO STOXX 50 indices fell by approximately 15% in the first quarter of 2009. In the same period, the worldwide industry index DJ Chemicals declined by around 7%, while the MSCI World Chemicals index remained almost unchanged.
Up-to-date information on BASF shares
 Download ( xls, 18 kB) |
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Overview of BASF shares |
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1st Quarter |
Full Year | ||
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Performance (with dividends reinvested) |
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BASF |
% |
(17.8) |
(42.9) | ||
|
DAX 30 |
% |
(15.1) |
(40.4) | ||
|
DJ EURO STOXX 50 |
% |
(15.3) |
(42.4) | ||
|
DJ Chemicals |
% |
(6.9) |
(41.9) | ||
|
MSCI World Chemicals |
% |
0.3 |
(44.2) | ||
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| ||
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Share prices and trading (XETRA) |
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|
| ||
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Average |
€ |
23.67 |
38.88 | ||
|
High |
€ |
27.90 |
52.41 | ||
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Low |
€ |
20.71 |
19.95 | ||
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Close (end of period) |
€ |
22.79 |
27.73 | ||
|
Average daily trade |
Million shares |
5.87 |
7.26 | ||
|
Outstanding shares (end of period)1 |
Million shares |
918.5 |
918.5 | ||
|
Market capitalization (end of period)1 |
Billion € |
20.9 |
25.5 | ||
Proposed dividend of €1.95 per share
After taking account of the two-for-one stock split conducted in 2008, the proposed dividend of €1.95 per share for fiscal year 2008 corresponds to the previous year’s dividend. Even in these difficult economic times, we are thus standing by our ambitious dividend policy and will pay out €1.8 billion to our shareholders. Based on the share price at the end of March 2009, BASF shares offer a high dividend yield of 8.6%.
DIVIDEND PER SHARE1 (€ per share)
Financing
With a “A+/A-1 outlook negative” rating from rating agency Standard & Poor’s and “A1/P-1 outlook stable” from Moody’s, BASF has good credit ratings compared with its competitors in the chemical industry. To finance the acquisition of Ciba and further optimize its capital structure, BASF successfully issued a €1.5 billion euro bond with a coupon of 5.125% (matures June 9, 2015), a £400 million sterling bond with a coupon of 5.875% (matures March 31, 2017) and a €1.35 billion bond with a coupon of 3.75% (matures October 8, 2012) on the capital market since the beginning of 2009.
Further information on financial indebtedness and its maturities
