In addition to its portfolio adjustments, BASF (OTCQX:BASFY) said it plans to pay out an annual dividend of at least €2.25/share during 2025-28, down from €3.40/share it paid for 2023.
BASF cut its annual dividend and opened the door to shedding noncore assets, including a potential listing of its agricultural-chemicals business, as part of the German chemicals giant’s new ...
BASF warns of weaker demand for chemicals and plastics, despite Q3 results showing strength in core businesses.
BASF's (BASFY) diversified chemical footprint and strategic investments in China will support its solid performance. Read why ...
At the same time, BASF is in the most expensive phase of building a 10-billion-euro chemical complex in China. To mitigate the dividend decline, BASF is planning share buybacks by 2027 at the latest ...
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BASF has maintained a robust shareholder-return program, increasing its annual dividend every year (excluding 2020 and 2022) for more than a decade. We view the payout ratio as manageable ...
BASF also announced it would lower dividend payments. It now aims to pay a dividend of at least 2.25 euros per share in the coming years, compared to 3.40 euros per share in 2023. Overall ...