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Reuters

Mercedes-Benz sees good dividend prospects on healthy margins – Boersen-Zeitung

Luxury carmaker Mercedes-Benz aims to maintain double-digit operating margins, its finance chief told Boersen-Zeitung, adding this resulted in very good dividend prospects. “Despite raw materials and semiconductor shortages our results at Mercedes have developed very well, with double-digit operating margins,” Harald Wilhelm was quoted as saying, adding it was the aim to keep those margins stable. Wilhelm currently also serves as CFO of Daimler, which will soon be renamed Mercedes-Benz AG following the recent spin-off of Daimler Truck, in which the carmaker retains a 35% stake. Mercedes Benz Cars & Vans posted an adjusted return on sales of 11.9% for the first nine months of 2021.

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