Here, too, the bet (2022 worked) on a turnaround and Eur 0.84 dividend yield of 5.9%
Is this the turnaround for K+S?
The mining company K+S has been in the doldrums recently due to the sharp drop in fertilizer prices. Now the signs seem to be pointing to a recovery, as the Kassel-based company reported a recovery in demand and a rising potassium chloride price both in the important Brazilian market and in Europe at the end of Q2.
If the turnaround is still a few times three months in the future, it will be expensive. Even the dividend can't help. And if the dividend is then cut, the fun will be over. 🤷
