#6 - HeidelbergCement (OTCMKTS:HDELY)
If you’re looking to give your portfolio some international exposure, HeidelbergCement (OTCMKTS: HDELY) is one to consider. This is a German multinational company that is headquartered in Heidelberg, Germany. The company doesn’t have a large presence in the United States, but it’s still considered to be one of the biggest names among concrete stocks.
Like other companies, HeidlebertCement is committed to manufacturing concrete in an environmentally-responsible way. In fact, in addition to its core operations, the company has built the first industrial-scale carbon capture and storage project at its Norwegian production facility. And in May 2023, the company announced a similar initiative for its Busssc-Foret cement plant in the west of France.
Unlike the other stocks on this list, HDELY stock is down 18% in the last five years. But as of May 29, 2023, the stock has charged ahead nearly 100% since October 2022. And the company pays a dividend with a yield of 2.42%.
About Heidelberg Materials
Heidelberg Materials AG, together with its subsidiaries, produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide. It provides cement products; natural stone aggregates, including sand and gravel; crushed aggregates comprising stone chippings and crushed stones; and ready-mixed concrete for use in the construction of tunnels or bridges, office buildings, or schools, as well as to produce precast concrete parts, such as stairs, ceiling elements, or structural components.
Read More - Current Price
- $24.73
- Consensus Rating
- N/A
- Ratings Breakdown
- 0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- N/A
