View Financial HealthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsBefimmo 배당 및 자사주 매입배당 기준 점검 0/6핵심 정보n/a배당 수익률0.07%자사주 매입 수익률총 주주 수익률0.07%미래 배당 수익률n/a배당 성장률-5.2%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향148%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • Apr 27Upcoming dividend of €0.41 per shareEligible shareholders must have bought the stock before 04 May 2022. Payment date: 06 May 2022. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.0%). In line with average of industry peers (4.1%).Upcoming Dividend • Dec 08Upcoming dividend of €0.88 per shareEligible shareholders must have bought the stock before 15 December 2021. Payment date: 17 December 2021. Trailing yield: 7.1%. Within top quartile of German dividend payers (3.4%). Higher than average of industry peers (2.8%).Upcoming Dividend • Apr 28Upcoming dividend of €0.40 per shareEligible shareholders must have bought the stock before 05 May 2021. Payment date: 07 May 2021. Trailing yield: 6.4%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (3.5%).Upcoming Dividend • Dec 09Upcoming Dividend of €1.18 Per ShareWill be paid on the 18th of December to those who are registered shareholders by the 16th of December. The trailing yield of 7.2% is in the top quartile of German dividend payers (3.6%), and it is higher than industry peers (4.7%).모든 업데이트 보기Recent updatesBoard Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Chairman of the Board Vincent Querton was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Jul 30Second quarter 2022 earnings released: EPS: €2.99 (vs €0.58 in 2Q 2021)Second quarter 2022 results: EPS: €2.99 (up from €0.58 in 2Q 2021). Revenue: €33.6m (up 5.2% from 2Q 2021). Net income: €80.9m (up 416% from 2Q 2021). Over the next year,revenue is forecast to stay flat, in line with the revenue forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.Board Change • Jun 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. CEO, MD & Executive Director Jean-Philip Vroninks was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Board Change • May 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. CEO, MD & Executive Director Jean-Philip Vroninks was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Apr 27Upcoming dividend of €0.41 per shareEligible shareholders must have bought the stock before 04 May 2022. Payment date: 06 May 2022. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.0%). In line with average of industry peers (4.1%).Reported Earnings • Mar 28Full year 2021 earnings released: EPS: €3.31 (vs €2.13 in FY 2020)Full year 2021 results: EPS: €3.31 (up from €2.13 in FY 2020). Revenue: €132.0m (down 9.5% from FY 2020). Net income: €89.4m (up 55% from FY 2020). Profit margin: 68% (up from 40% in FY 2020). Net asset value (NAV) per share: €60.35 (up 2.5% from FY 2020). The current share price is 23% lower than NAV per share. Over the next year, revenue is forecast to decline by 3.0% while the reits industry in Germany is not expected to grow. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Mar 10Investor sentiment improved over the past weekAfter last week's 50% share price gain to €46.50, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 11x in the REITs industry in Europe. Total returns to shareholders of 4.5% over the past three years.Reported Earnings • Feb 20Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: €3.31 (up from €2.13 in FY 2020). Revenue: €132.0m (down 9.5% from FY 2020). Net income: €89.4m (up 55% from FY 2020). Profit margin: 68% (up from 40% in FY 2020). Net asset value (NAV) per share: €60.35 (up 2.5% from FY 2020). The current share price is 48% lower than NAV per share. Revenue missed analyst estimates by 5.0%. Over the next year, revenue is forecast to decline by -6.8% while the reits industry in Germany is not expected to grow. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.공시 • Feb 18+ 2 more updatesBefimmo SA to Report Fiscal Year 2022 Results on Mar 24, 2023Befimmo SA announced that they will report fiscal year 2022 results on Mar 24, 2023Upcoming Dividend • Dec 08Upcoming dividend of €0.88 per shareEligible shareholders must have bought the stock before 15 December 2021. Payment date: 17 December 2021. Trailing yield: 7.1%. Within top quartile of German dividend payers (3.4%). Higher than average of industry peers (2.8%).Reported Earnings • Oct 29Third quarter 2021 earnings released: EPS €1.05 (vs €1.11 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2021 results: Revenue: €29.9m (down 15% from 3Q 2020). Net income: €28.4m (down 4.0% from 3Q 2020). Profit margin: 95% (up from 85% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.Reported Earnings • Jul 30Second quarter 2021 earnings released: EPS €0.58 (vs €0.54 in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: €31.9m (down 12% from 2Q 2020). Net income: €15.7m (up 8.3% from 2Q 2020). Profit margin: 49% (up from 40% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 12% per year.Reported Earnings • May 13First quarter 2021 earnings released: EPS €1.15 (vs €0.38 in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: €38.6m (down 10% from 1Q 2020). Net income: €31.1m (up 204% from 1Q 2020). Profit margin: 81% (up from 24% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings.Upcoming Dividend • Apr 28Upcoming dividend of €0.40 per shareEligible shareholders must have bought the stock before 05 May 2021. Payment date: 07 May 2021. Trailing yield: 6.4%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (3.5%).공시 • Feb 25Befimmo SA, Annual General Meeting, Apr 26, 2022Befimmo SA, Annual General Meeting, Apr 26, 2022.Reported Earnings • Feb 20Full year 2020 earnings released: EPS €2.13 (vs €6.95 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €148.1m (down 2.6% from FY 2019). Net income: €57.7m (down 68% from FY 2019). Profit margin: 39% (down from 117% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.Analyst Estimate Surprise Post Earnings • Feb 20Revenue misses expectationsRevenue missed analyst estimates by 1.9%. Over the next year, revenue is expected to shrink by 12% compared to a 55% growth forecast for the REITs industry in Germany.Is New 90 Day High Low • Feb 13New 90-day low: €34.00The company is down 6.0% from its price of €36.30 on 13 November 2020. The German market is up 11% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the REITs industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €64.48 per share.Upcoming Dividend • Dec 09Upcoming Dividend of €1.18 Per ShareWill be paid on the 18th of December to those who are registered shareholders by the 16th of December. The trailing yield of 7.2% is in the top quartile of German dividend payers (3.6%), and it is higher than industry peers (4.7%).Is New 90 Day High Low • Nov 02New 90-day low: €32.90The company is down 13% from its price of €38.00 on 04 August 2020. The German market is down 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the REITs industry, which is down 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €63.39 per share.Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total profits of €117.3m, down 8.0% from the prior year. Total revenue was €154.1m over the last 12 months, up 2.2% from the prior year. Note: Net income excluding extraordinary items provided as the company does not report funds from operations.Is New 90 Day High Low • Oct 16New 90-day low: €35.70The company is down 4.0% from its price of €37.10 on 17 July 2020. The German market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the REITs industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €66.80 per share.Is New 90 Day High Low • Sep 25New 90-day low: €36.30The company is down 7.0% from its price of €39.00 on 26 June 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the REITs industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €66.44 per share.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 과거에 VJ6 의 주당 배당금이 안정적이었는지 판단하기에는 데이터가 부족합니다.배당금 증가: VJ6 의 배당금 지급이 증가했는지 판단하기에는 데이터가 부족합니다.배당 수익률 vs 시장Befimmo 배당 수익률 vs 시장VJ6의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (VJ6)n/a시장 하위 25% (DE)1.5%시장 상위 25% (DE)4.5%업계 평균 (REITs)5.3%분석가 예측 (VJ6) (최대 3년)n/a주목할만한 배당금: 회사가 최근 지급을 보고하지 않았기 때문에 하위 25%의 배당금 지급자에 대해 VJ6 의 배당 수익률을 평가할 수 없습니다.고배당: 회사가 최근 지급을 보고하지 않았기 때문에 배당금 지급자의 상위 25%에 대해 VJ6 의 배당 수익률을 평가할 수 없습니다.주주 대상 이익 배당수익 보장: VJ6 German 시장에서 주목할만한 배당금을 지급하지 않습니다.주주 현금 배당현금 흐름 범위: VJ6 에서 지급을 보고하지 않았기 때문에 배당 지속 가능성을 계산할 수 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YDE 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2023/01/07 20:45종가2023/01/03 00:00수익2022/09/30연간 수익2021/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Befimmo SA는 7명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Nicholas WebbBNP ParibasValerie Jacob GueziBNP ParibasJoël GorseléDegroof Petercam4명의 분석가 더 보기
Upcoming Dividend • Apr 27Upcoming dividend of €0.41 per shareEligible shareholders must have bought the stock before 04 May 2022. Payment date: 06 May 2022. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.0%). In line with average of industry peers (4.1%).
Upcoming Dividend • Dec 08Upcoming dividend of €0.88 per shareEligible shareholders must have bought the stock before 15 December 2021. Payment date: 17 December 2021. Trailing yield: 7.1%. Within top quartile of German dividend payers (3.4%). Higher than average of industry peers (2.8%).
Upcoming Dividend • Apr 28Upcoming dividend of €0.40 per shareEligible shareholders must have bought the stock before 05 May 2021. Payment date: 07 May 2021. Trailing yield: 6.4%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (3.5%).
Upcoming Dividend • Dec 09Upcoming Dividend of €1.18 Per ShareWill be paid on the 18th of December to those who are registered shareholders by the 16th of December. The trailing yield of 7.2% is in the top quartile of German dividend payers (3.6%), and it is higher than industry peers (4.7%).
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Chairman of the Board Vincent Querton was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Jul 30Second quarter 2022 earnings released: EPS: €2.99 (vs €0.58 in 2Q 2021)Second quarter 2022 results: EPS: €2.99 (up from €0.58 in 2Q 2021). Revenue: €33.6m (up 5.2% from 2Q 2021). Net income: €80.9m (up 416% from 2Q 2021). Over the next year,revenue is forecast to stay flat, in line with the revenue forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
Board Change • Jun 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. CEO, MD & Executive Director Jean-Philip Vroninks was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Board Change • May 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. CEO, MD & Executive Director Jean-Philip Vroninks was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Apr 27Upcoming dividend of €0.41 per shareEligible shareholders must have bought the stock before 04 May 2022. Payment date: 06 May 2022. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.0%). In line with average of industry peers (4.1%).
Reported Earnings • Mar 28Full year 2021 earnings released: EPS: €3.31 (vs €2.13 in FY 2020)Full year 2021 results: EPS: €3.31 (up from €2.13 in FY 2020). Revenue: €132.0m (down 9.5% from FY 2020). Net income: €89.4m (up 55% from FY 2020). Profit margin: 68% (up from 40% in FY 2020). Net asset value (NAV) per share: €60.35 (up 2.5% from FY 2020). The current share price is 23% lower than NAV per share. Over the next year, revenue is forecast to decline by 3.0% while the reits industry in Germany is not expected to grow. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Mar 10Investor sentiment improved over the past weekAfter last week's 50% share price gain to €46.50, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 11x in the REITs industry in Europe. Total returns to shareholders of 4.5% over the past three years.
Reported Earnings • Feb 20Full year 2021 earnings: EPS in line with expectations, revenues disappointFull year 2021 results: EPS: €3.31 (up from €2.13 in FY 2020). Revenue: €132.0m (down 9.5% from FY 2020). Net income: €89.4m (up 55% from FY 2020). Profit margin: 68% (up from 40% in FY 2020). Net asset value (NAV) per share: €60.35 (up 2.5% from FY 2020). The current share price is 48% lower than NAV per share. Revenue missed analyst estimates by 5.0%. Over the next year, revenue is forecast to decline by -6.8% while the reits industry in Germany is not expected to grow. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
공시 • Feb 18+ 2 more updatesBefimmo SA to Report Fiscal Year 2022 Results on Mar 24, 2023Befimmo SA announced that they will report fiscal year 2022 results on Mar 24, 2023
Upcoming Dividend • Dec 08Upcoming dividend of €0.88 per shareEligible shareholders must have bought the stock before 15 December 2021. Payment date: 17 December 2021. Trailing yield: 7.1%. Within top quartile of German dividend payers (3.4%). Higher than average of industry peers (2.8%).
Reported Earnings • Oct 29Third quarter 2021 earnings released: EPS €1.05 (vs €1.11 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2021 results: Revenue: €29.9m (down 15% from 3Q 2020). Net income: €28.4m (down 4.0% from 3Q 2020). Profit margin: 95% (up from 85% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
Reported Earnings • Jul 30Second quarter 2021 earnings released: EPS €0.58 (vs €0.54 in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: €31.9m (down 12% from 2Q 2020). Net income: €15.7m (up 8.3% from 2Q 2020). Profit margin: 49% (up from 40% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 12% per year.
Reported Earnings • May 13First quarter 2021 earnings released: EPS €1.15 (vs €0.38 in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: €38.6m (down 10% from 1Q 2020). Net income: €31.1m (up 204% from 1Q 2020). Profit margin: 81% (up from 24% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings.
Upcoming Dividend • Apr 28Upcoming dividend of €0.40 per shareEligible shareholders must have bought the stock before 05 May 2021. Payment date: 07 May 2021. Trailing yield: 6.4%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (3.5%).
공시 • Feb 25Befimmo SA, Annual General Meeting, Apr 26, 2022Befimmo SA, Annual General Meeting, Apr 26, 2022.
Reported Earnings • Feb 20Full year 2020 earnings released: EPS €2.13 (vs €6.95 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €148.1m (down 2.6% from FY 2019). Net income: €57.7m (down 68% from FY 2019). Profit margin: 39% (down from 117% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.
Analyst Estimate Surprise Post Earnings • Feb 20Revenue misses expectationsRevenue missed analyst estimates by 1.9%. Over the next year, revenue is expected to shrink by 12% compared to a 55% growth forecast for the REITs industry in Germany.
Is New 90 Day High Low • Feb 13New 90-day low: €34.00The company is down 6.0% from its price of €36.30 on 13 November 2020. The German market is up 11% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the REITs industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €64.48 per share.
Upcoming Dividend • Dec 09Upcoming Dividend of €1.18 Per ShareWill be paid on the 18th of December to those who are registered shareholders by the 16th of December. The trailing yield of 7.2% is in the top quartile of German dividend payers (3.6%), and it is higher than industry peers (4.7%).
Is New 90 Day High Low • Nov 02New 90-day low: €32.90The company is down 13% from its price of €38.00 on 04 August 2020. The German market is down 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the REITs industry, which is down 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €63.39 per share.
Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total profits of €117.3m, down 8.0% from the prior year. Total revenue was €154.1m over the last 12 months, up 2.2% from the prior year. Note: Net income excluding extraordinary items provided as the company does not report funds from operations.
Is New 90 Day High Low • Oct 16New 90-day low: €35.70The company is down 4.0% from its price of €37.10 on 17 July 2020. The German market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the REITs industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €66.80 per share.
Is New 90 Day High Low • Sep 25New 90-day low: €36.30The company is down 7.0% from its price of €39.00 on 26 June 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the REITs industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €66.44 per share.