Nissan, Honda, Fiat, And Daimler Trade At Deep Discount, Paying Hefty Dividends — Should You Buy?
Shares of Nissan, Honda, Fiat Chrysler, and Daimler are trading at deep discount to their book value, and are paying hefty dividends. Nissan Motor’s shares, for instance, are trading 51% below their book value, paying 8.6% dividend. Daimler’s shares trade at an even larger discount, 68%, paying 6.8% dividend—see table.
Company
Recent price
Book value per share
Price-to-book-value
DividendNissan…