Over the last 5 years, the stock price of Daimler has fallen from a peak of 93 euros to 50 euros. That is almost a 50% decline. Is Daimler stock a good buy right now? Based on the latest closing price, a dividend payout of 3.25 euros per share translates to a dividend yield of approximately 6.5%. Is it a good deal? Let’s read on.
The first step before buying anything is to first understand the business. Hence, this article is written to provide a comprehensive overview of Daimler AG’s business. At the end of this read, you would definitely have a better understanding of Daimler and why its share price has fallen so much.
Let’s get rolling.
1. Daimler AG Business OverviewDaimler AG is in the automotive industry and they are a premium car manufacturer best known for its Mercedes-Benz cars. The business model of Daimler is in the development, production and
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