Report
Sven Edelfelt

Saint-Gobain : Not changing horses midstream

>2020 dividend announced three months ahead of schedule! - 2020 dividend of € 1.33 paid in 2021. As Saint-Gobain announced last April, the board of directors was to examine the shareholder returns policy. The board has now made its decision: no dividend for 2019, not even an exceptional dividend to reflect the sale of Sika shares. All told, the group announced its 2020 dividend (to be paid in June 2021) three months earlier than usual. The dividend will be € 1.33, the...
Underlying
Compagnie de Saint-Gobain SA

Compagnie de Saint-Gobain manufactures, produces, and distributes industrial materials. Co.'s activities are divided into four sectors: Innovative Materials (Co. makes, processes and sells glass and glazing products for the building, the automotive and solar energy industries; Co. also manufactures Ceramics and Plastics, Abrasives, and Textiles), Construction Products (Co. offers products for the Insulation, Gypsum, Exterior Products, Pipe and Industrial Mortars), Building Distribution (Co. distributes building materials (plumbing, heating and sanitaryware products) and ceramic tiles), and Packaging - Verallia (Co. manufactures glass containers and jars for foodstuffs and beverages).

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Sven Edelfelt

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