Mercedes sees good dividend prospects

Luxury carmaker Mercedes-Benz (DAIGn.DE) 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.

“With regard to the dividend, this translates into very good prospects for our shareholders.”

Wilhelm currently also serves as CFO of Daimler, which will soon be renamed Mercedes-Benz AG following the recent spin-off of Daimler Truck (DTGGe.DE), in which the carmaker retains a 35 per cent stake.