DWS Group - currently a good opportunity?
DWS Group is a global asset manager with assets under management of more than EUR 790 billion and a subsidiary of Deutsche Bank.
In a nutshell:
14.3% - that was the dividend yield of the DWS Group this year.
This year, the asset manager enticed investors with a substantial special distribution.
Even without this, the dividend yield remains high (around 5.49%). The share price currently stands at €38.50 and a realistic target price of
40.57 (that would be an increase of + 5.38%).
In addition, the annual reports are due on October 23, when analysts expect revenues to be slightly higher than in the same quarter of the previous year.
In addition to the dividend, the valuation is also attractive with a P/E ratio of 13.23.
The asset manager should also benefit from the ECB's continued turnaround on interest rates, even if sales have fallen in the past year.
What do you think of DWS Group? Does it currently offer a good opportunity to expand my dividend portfolio?
