BMW Plans Higher Dividend After 2022 Results Rose, Chip Shortage Eased
09 Março 2023 - 10:16AM
Dow Jones News
By Pierre Bertrand
BMW AG said Thursday that it will propose a higher dividend for
2022 after it met its financial targets for the year, with sales of
fully-electric vehicles more than doubling.
The German auto maker made earnings before taxes of 23.51
billion euros ($24.79 billion), 46% higher than the previous year,
on revenue that grew 28% to EUR142.61 billion.
It made a net profit for 2022 of EUR18.58 billion compared with
EUR12.46 billion in the prior year, BMW said.
The company said its result was supported by a slight
fourth-quarter easing of the semiconductor shortage, which
contributed to higher production and overall sales volumes.
BMW said it would propose a dividend of EUR8.50 a share per
common stock compared with EUR5.80 in the previous year and a
EUR8.52 payout per share of preferred stock compared with EUR5.82
for 2021.
Fully-electric vehicle sales more than doubled in 2022 to
215,752 units, the company said.
Write to Pierre Bertrand at pierre.bertrand@wsj.com
(END) Dow Jones Newswires
March 09, 2023 08:01 ET (13:01 GMT)
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