Top German Chemical ADRs

Germany has some of the world’s top chemical companies. Historically Germany has been a leader in this sector. BASF AG, the world’s largest chemical giant, is based
there.

1.BASF AG (BASFY)
BASF operates in 5 segments: Chemicals,Plastics,Performance products,Functional solutions,Agricultural Solutions and Oil&Gas.

The stock trades in the International PremierQX, the highest OTC market tier
with the ticker BASFY.

The current dividend yield is 4.32% and the PE is 10.96. The total return for the stock were 9.9%,30.7%,56.9% in year 2005,2006,2007 respectively.YTD BASFY is down 2.5%.In 2007, sales was over 57.9B EUR – about 10.2% more than 2006. Net Income was 4B EUR.

2.Bayer AG (BAYRY)
In addition to the chemicals sector, Bayer operates in the drug business.

BAYRY has a yield of 2.61% and a PE of 16.43. The stock had a growth of 73.9% in 2007.

3.Linde AG (LNAGF)
Linde ADR is a very thinly traded stock.

4.Altana AG (AAAGY)
Altana operates in the specialty chemicals business. AAAGY has a yield of 2.19% and a PE of 12.44. YTD the stock is down just over 27%.

Portugal Utiltity – Energias de Portugal

Energias de Portugal is an electricity and natural gas utility in Portugal.  The stock trades on the OTC market with the ticker EDPFY.

EDPFY has been for the past 52 weeks and the dividend yield is 3.54% as of June 20th stock price.The company has paid dividend since 1998. YTD the stock is down about 16%+.

A $10K invested 5 years ago would have grown to $32,445 as opposed to $19,324 for the industry.

Six Foreign Utilities whose stock is down YTD

Since we are almost half-way thru 2008, I thought it would be a good idea to list a few foreign utilities which are down Year-To-Date.

1.Company: Huaneng Power International
Ticker: HNP
Country: China
YTD Share Change(%): – 13.22%

2.Company: MetroGas
Ticker: MGS
Country: Argentina
YTD Share Change(%): – 14.61%

3.Company: National Grid
Ticker: NGG
Country: UK
YTD Share Change(%): – 17.74%

4.Company: Korea Electric Power
Ticker: KEP
Country: South Korea
YTD Share Change(%): – 27.10%

5.Company: Veolia Environnement
Ticker: VE
Country: France
YTD Share Change(%): – 37.32%

6.Company: Edenor
Ticker: EDN
Country: Argentina
YTD Share Change(%): – 41.77%

BASF ADR Stock Split 2008

BASF SE, the world’s largest chemical company, announced on March 4th,2008 to split its stock in the ratio of 2:1.

Split Details:
Company: BASF SE
Ticker: BASFY
Record Date: June 26,2008
Ex-Date: July 2,2008
Split Ratio – 2:1

BASFY ended at $144.45 today.

Today BASF announced a new share buyback program under which shares worth of €3 billion will be purchased back up to mid-2010. More details can be found here.

Update: Nestle ADR Stock Split 2008

On April 6th, 2008 we wrote an article about Nestle’s (NSRGY) proposal to split its shares. You can find that article here.This post is an update to that article. On May 23rd, Nestle’s board of directors approved the split proposal. The split details are as follows:

Company: Nestle
Ticker: NSRGY
Record Date: June 27th,2008
Ex-Date: June 30th,2008
Split Ratio: 2.5 shares for 1 ADR share.

Current Nestle share price is $118.90. Let’s say that the share price remains the same on June 27th. Then the price after the split will be $47.56.

Nestle’s Swiss shares are being split at the ratio of 1:10. But that does not mean that the ADR share will be split at 1:10. Currently the ADR share trades at 4 for 1 Swiss share. Nestle’s is changing the ratio between ADR to Swiss ordinary share to 1:1. So the correct split ratio for ADR shares will be 2.5 shares for each ADR share.

The current Swiss share price CHF 493.00. After the split it will trade for CHF 49.30. At today’s exchange rate of 0.95934 to a US$, that will equal $47.30. This closely matches to the ADR split adjusted price of $47.56.

Nestle says it is is splitting the stock “to increase the liquidity and tradability” of its shares.

Nestle (NSRGY) Dividend History:

DateDividends
4/23/2012$2.11
4/18/2011$1.92
4/19/2010$1.49
4/24/2009$1.20
4/11/2008$1.21
4/20/2007$0.86
3/31/2006$0.69
4/8/2005$0.67
4/16/2004$0.56
3/28/2003$0.53
4/5/2002$0.38
3/30/2001$0.32

 

Nestle ADR Split History:

Jun 11, 2001 – 2: 1 Stock Split
Jul 3, 2008 – 25: 10 Stock Split

Nestle (NSRGY) Long-Term Return Chart:

Click to enlarge

NSRGY-Long-Term-Chart

Source: Yahoo Finance

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