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OMVKY - OMV AG: A 12.5% Dividend With Almost No Net Debt And A Major Catalyst
OMV Aktiengesellschaft ADR
2024-02-07 03:27:13 ET
Summary
OMV AG will pay around 12.5% dividend with almost no net debt.
The Borealis and Borouge merger will create a EUR 30 billion global leader in the polyolefin business and be a catalyst for the share price of OMV AG.
The 47% share (approx. EUR 14.1 billion) in the joint chemicals company alone will be worth more than OMV AG (EUR 13.21 billion) itself.
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