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Is Daimler AG stock a Good Buy?
By The Babylonians  •  October 23, 2019

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 Overview

Daimler 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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By The Babylonians
The Babylonians is a personal financial blog inspired by a book titled “The Richest Man in Babylon”. This blog shares insightful and educational content on investing across 3 asset classes: Stocks, REITs and Crypto. The motivation behind The Babylonians is to help the average Joe (using myself as a test subject) escape from the rat race through following certain laws and principles of wealth.
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