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home / news releases / ELUXY - Electrolux: The Very Robust Balance Sheet Allows For A Dividend Hike

ELUXY - Electrolux: The Very Robust Balance Sheet Allows For A Dividend Hike

AB Electrolux ADR
  • Electrolux reported a fine set of results in H1 2021 and remains very cheap despite the strong share price movements.
  • Trading at about 5.5X EBITDA and having a squeaky clean balance sheet, Electrolux serves as a cheap call option on the household appliances sector.
  • The company has recently hiked its dividend payout ratio from 30% to 50% and has pledged to continue to buy back stock.

For further details see:

Electrolux: The Very Robust Balance Sheet Allows For A Dividend Hike
Stock Information
Company Name: AB Electrolux ADR
Stock Symbol: ELUXY
Market: OTC
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