In addition to an impressive expected dividend yield of up to 29% in 2025, this week a new ten-year contract was announced with a major car manufacturer. This confirms the strength of Wallenius Wilhelmsen's logistical position and the trust of its customers.
At the end of March, the ex-dividend price will be NOK 13.81 (approximately €1.19), which at the current share price of NOK 85.90 (approximately €7.32) represents a dividend yield of 16%. Analysts expect that later this year an additional payout will follow. As a result, the total dividend yield in 2025 could reach up to 29%. Not only does the dividend make the stock attractive, but the fundamentals are solid as well, pointing to appealing growth potential for the share price.
Contract Extension
Yesterday, Wallenius Wilhelmsen announced that an existing partnership with a major car manufacturer (OEM) has been extended with a new ten-year contract, aimed at further expanding their collaboration.
The extension mainly involves land-based logistical services such as:
- Receiving and preparing vehicles,
- Installing accessories,
- Distribution and storage of vehicles,
- Providing digital insights into the supply chain.
Sea freight (short-sea and deep-sea) falls outside this specific contract but is part of ambitions to add it later, creating one integrated supply chain solution.
The contract, which starts in April 2027, has an estimated revenue value of $2 billion. Both parties aim to focus on digital innovation and process optimization.
Conclusion
Analysts see this as confirmation of their analysis and remain very enthusiastic about this stock. The contract extension announced today is not only an endorsement of Wallenius Wilhelmsen's operational strength but also of its ability to retain customers over the long term. This continuity is crucial for investors who are looking for stability in uncertain times.
