BASF on the Capital Market
Overview of BASF shares | ||||
---|---|---|---|---|
|
|
|
1st Quarter 2015 |
Full Year 2014 |
Performance (with dividends reinvested) |
|
|
|
|
BASF |
|
% |
32.4 |
(6.8) |
DAX 30 |
|
% |
22.0 |
2.7 |
DJ EURO STOXX 50 |
|
% |
18.2 |
3.9 |
DJ Chemicals |
|
% |
5.5 |
(0.1) |
MSCI World Chemicals |
|
% |
8.3 |
9.0 |
|
|
|
|
|
Share prices and trading (XETRA) |
|
|
|
|
Average |
|
€ |
81.78 |
77.93 |
High |
|
€ |
94.30 |
87.36 |
Low |
|
€ |
66.69 |
65.61 |
Close (end of period) |
|
€ |
92.55 |
69.88 |
Average daily trade |
|
million shares |
3.5 |
2.9 |
Outstanding shares (end of period) |
|
million shares |
918.5 |
918.5 |
Market capitalization (end of period) |
|
billion € |
85.0 |
64.2 |
Share performance
- BASF share significantly outperforms important industry indexes
BASF shares traded at a new record high of €94.30 on March 30, 2015; at €92.55, the price at the end of the first quarter of 2015 was 32.4% above the closing price at the end of 2014. The BASF share thus considerably outperformed both the German stock index DAX 30 and the European benchmark index DJ EURO STOXX 50, both of which grew in the same period by 22.0% and 18.2%, respectively. The global industry indexes DJ Chemicals and MSCI World Chemicals rose in the first three months of the year by 5.5% and 8.3%, respectively.
Dividend increase to €2.80 per share
- Payout of around €2.6 billion to BASF’s shareholders
The Board of Executive Directors and the Supervisory Board proposed to the Annual Shareholders’ Meeting that a dividend of €2.80 per share be paid for the 2014 business year. We stand by our ambitious dividend policy and plan to pay out around €2.6 billion to our shareholders. Based on the year-end share price for 2014, BASF shares offer a high dividend yield of 4.0%. BASF is part of the DivDAX share index, which contains the 15 companies with the highest dividend yield in the DAX 30. We aim to increase our dividend each year, or at least maintain it at the previous year’s level.
Good credit ratings and solid financing
BASF has good credit ratings, especially in comparison with competitors in the chemical industry. Rating agency Moody’s last confirmed their rating of “A1/P-1 outlook stable” on October 31, 2014. Standard & Poor’s adjusted their rating of “A+/A-1” to an outlook of “negative” on April 10, 2015. This was largely due to an increase in pension provisions as a result of declining capital market interest rates. We continue to have solid financing. Since the beginning of the year, net debt increased by €121 million to around €13.8 billion.
Financial communication honored again
We took several leading rankings in Institutional Investor Magazine’s annual survey in 2015. These included first prize in the Best Analyst Days in Europe (Chemicals) category for the Chemicals Investor Day held in London in 2014.
Contact our Investor Relations team by phone at +49 621 60-48230 or email ir@basf.com
Dividend per share1 (€ per share)
1 Adjusted for two-for-one stock split conducted in 2008