XTRA:MVV1Integrated Utilities
MVV Energie (XTRA:MVV1) Valuation After Profit Drop, Higher Dividend and Faster Green Investment
MVV Energie (XTRA:MVV1) just reported a 15% drop in annual profit as past windfall gains faded, yet it chose to lift its dividend and step up spending on renewables and green heat.
See our latest analysis for MVV Energie.
Despite the softer earnings, the share price has been steady, with the latest close at €31.60 and a 3 month share price return of 3.61 percent. A 5 year total shareholder return of 48.88 percent suggests patient investors have still been rewarded as the market gradually...