4Mon·

Hello community, I would like to know your opinion on $ENG (+1.57%) about this. Do you already have them in your portfolio or are you considering investing in them? Or are you avoiding it?

3 Comments

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Although I am a fan of high dividends, they are hardly enough to compensate for the share price losses. The profit is also shrinking slowly but steadily, which will then also affect the dividend amount. I threw them out at the beginning of the year and won't bother with them any more. That's my humble assessment. Why are you interested in the share?
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The dividend of $ENG is getting cut to €1/year for fiscal years 2024,2025 and 2026 as a consequence of them becoming the provisional manager of the hydrogen backbone of Spain. Still a nice dividendyield of ~7,4% though. For now I'm not selling my shares, as long as it doesnt drop any further.
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The are at the lowest price in history....looking for value is a good share to have in your portfolio
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