Volkswagen Group (VOW.DE) is a renowned German automotive manufacturing company with a current market cap of €73.16 billion. Founded in 1937 by the German Labour Front, Volkswagen has a rich history in the automotive industry. The company gained popularity with its iconic Beetle car and has since expanded its product range to include various well-known automobile brands.
It went public in 1961, allowing for wider ownership and investment opportunities. Today, the company is a global leader in the automotive sector, focusing on innovation, sustainability, and cutting-edge technologies. With a diverse portfolio of vehicles, the company continues to shape the future of mobility and remains committed to delivering high-quality, reliable, and environmentally friendly automobiles.
Over the past five years, Volkswagen Group stock has witnessed fluctuations influenced by market conditions and industry factors. The highest recorded price during this period was reached at €357.40 in March 2021, reflecting positive market sentiment and company performance. Conversely, the lowest point was observed at €99.16 in March 2020, potentially coinciding with market downturns or specific events.
Throughout its share price history, the company has experienced significant moments, such as earnings announcements, regulatory developments, and industry trends, which may have impacted its stock performance. Curiosities may include the influence of emission scandals, electric vehicle initiatives, and global economic conditions on the company's valuation. Given the dynamic nature of stock markets, it is essential to stay informed about the latest news and market trends when considering trading this stock. Conducting thorough research and consulting reliable financial sources may assist in making informed investment decisions.
Before trading Volkswagen Group stock, it's worth considering its competitors in the automotive industry. Some notable competitors to Volkswagen Group include:
- General Motors Company: With well-known brands like Chevrolet, Cadillac, and GMC, General Motors is a major player in the automotive industry and has a global presence.
- Ford Motor Company: Ford is a well-established automaker known for its popular vehicles and has a strong foothold in the North American market.
- BMW Group: BMW is a renowned luxury automobile manufacturer with a focus on premium vehicles, targeting a specific market segment.
- Daimler AG: The parent company of Mercedes-Benz, Daimler is recognized for its luxury vehicles and innovative technologies.
Considering the competition in the automotive industry may provide valuable insights into the market dynamics and help inform trading decisions related to Volkswagen Group stock.
|Swap long||[[ data.swapLong ]] points|
|Swap short||[[ data.swapShort ]] points|
|Spread min||[[ data.stats.minSpread ]]|
|Spread avg||[[ data.stats.avgSpread ]]|
|Min contract size||[[ data.minVolume ]]|
|Min step size||[[ data.stepVolume ]]|
|Commission and Swap||Commission and Swap|
|Trading Hours||Trading Hours|
* The spreads provided are a reflection of the time-weighted average. Though Skilling attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.
The above spreads are applicable under normal trading conditions. Skilling has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions'.
What are the factors affecting Volkswagen's stock price?
First, the company's financial performance, including revenue growth, profitability, and earnings reports, could directly impact its stock value. Economic conditions, such as interest rates and overall market health, could sway traders’ sentiment and affect stock prices. Volkswagen's brand image and reputation are critical; negative events like recalls or scandals could lead to stock price declines. Industry competition, technological advancements, and market share trends also play a role.
Government regulations, especially related to emissions and environmental standards, have a significant impact on the stock price. Shifting consumer preferences towards sustainable vehicles, geopolitical factors, global trade tensions, and currency fluctuations could also affect the company's international operations and stock prices.
Who owns the majority of Volkswagen Group shares?
As of June 2023, Institutions hold approximately 1.79% of the total shares and float. The top institutional holder is Fisher Asset Management, LLC, which owns 36,020,946 shares, accounting for 1.75% of the outstanding shares. Other institutional holders include Strengthening Families & Communities, LLC, Alphamark Advisors, LLC, Rhumbline Advisers, Russell Investments Group, Ltd., PNC Financial Services Group, Inc., Ancora Advisors, LLC, Atlas Capital Advisors LLC, and Strategic Investment Solutions, Inc.
Additionally, various mutual funds hold smaller percentages of Volkswagen Group shares, such as John Hancock Fds II-Equity Income Fund, Northwestern Mutual Series Fund-Equity Income Portfolio, John Hancock Var Ins Tr-Equity-Income Tr, Voya Inv Tr-VY/T. Rowe Price Equity Income Portfolio, MML Series Investment Fund-MML Equity Income Fund, and Trust For Professional Managers-PMC Diversified Equity Fund.
Does Volkswagen pay dividends?
Yes, Volkswagen pays dividends. The company has an annual dividend yield of 8.14% as of September 2023. The dividend is paid out quarterly, with a dividend amount of approximately 2.19 EUR per share.
The dividend payment for the company usually takes place in the month of May each year. It's important to note that dividend amounts and dates may vary, and traders should refer to official sources for the most up-to-date and accurate information regarding Volkswagen's dividend payments.
Why Trade [[data.name]]
Make the most of price fluctuations - no matter what direction the price swings and without capital restrictions that come with buying the underlying asset.