dividends

Madrid stock market

Investors expect €6.3 billion in dividends from Spanish listed companies up to July

Spanish listed companies will distribute at least €6.3 billion in dividends to their shareholders in June and July, according to data compiled by Europa Press, with Iberdrola’s dividend, which will arrive a few days before the start of August, standing out. Merlin will begin tomorrow with a distribution of €112.7 million, at a rate of €0.24 per share, while Elecnor will distribute €27.8 million on Tuesday with a payment of…


ECB bonds

The Capital Plans The ECB Will Require Banks Due To The War In Ukraine is not To Harm Dividends

Renta 4 | The ECB plans to require banks to include the effects of the war in Ukraine in the internal capital adequacy assessment process as it is dragging on longer than expected. The ECB wants banks to include analyses of various scenarios on the impact of second-round derivatives as a result of the war, such as downward revision of economic growth. Opinion: We consider the ECB’s request to be…


Repsol

Repsol Records Profit Of €2.454 Billion; Proposes A Dividend Of €0.63 Per Share

Link | Repsol today presented its results for the 2021 financial year, of which we highlight the following aspects: -Revenues reached EUR 52.13 billion, an improvement of 49.1% year-on-year, and slightly higher (+1.2%) than the FactSet consensus estimate. – EBITDA in CCS terms (at replacement cost) reached EUR 7.071 billion (+73.1% y-o-y; +6.8% consensus). -Adjusted net profit, which measures the performance of the businesses, reached EUR 2.454 billion in 2021,…


BBVA Holvi

BBVA Posted Net Attributable Profit Of €4.653 Billion

BBVA Group posted a recurring profit of €5.07 billion in 2021, the highest in the past ten years, thanks to the positive evolution of revenues and lower loan-loss provisions. Including non-recurring impacts, the net attributable profit rose to €4.65 billion, 3.6 times higher than the €1.31 billion registered in 2020. In terms of growth it acquired a record of almost nine million new customers. The net tangible book value per…


dividends new

Dividend Payouts In Spain Could Rise By 15-20% In 2022

Allianz GI | After a drop in dividend payouts related to the coronavirus crisis in 2020, companies in the MSCI Europe European equity index increased their payouts again last year by around a third to a record €378 billion. And this trend is likely to continue again in 2022: according to our forecasts , a further increase in total dividends of around 8 percent to around €410 billion is expected…


Enagas

Endesa, Enagás And Mapfre, The Spanish Firms With Highest Dividend Yield, Says Spanish Consumers’ Organisation

Endesa, Enagás and Mapfre are the three Spanish companies that offer the highest dividend yield, 9.7%, 9.5% and 7.5%, respectively. According to the analysis prepared by the Organization of Consumers and Users (OCU), and reported by the Europa Press agency, these three companies are followed by Red Eléctrica, Naturgy and Zardoya-Otis, with a yield of over 5%.


BBVA Holvi

BBVA Announces Some Proposals For Its 2021 Shareholder Remuneration Policy

Banca March | BBVA yesterday partially clarified its dividend policy for 2021 which it will present at its General Shareholders’ Meeting. The bank announced it will consider distributing a cash dividend of up to 35% of the group’s profit for the first half of the year, without taking into account extraordinary items. This dividend would be paid in October and would be conditional on the ECB lifting the 15% restriction on the sector until October.


Telefonica ever closer to selling its Central American subsidiary

Telefónica Cuts Its Dividend, But It Defends That This Strengthens Its Position

Telefónica’s board of directors has cut the dividend payable in 2021, which will now be made in two payments of 0.15 eur/share in June and December (previously 0.20 eur/share), while the “scrip” option is maintained. The first payment of 0.15 eur/share will be in December 2021. Telefónica’s Executive Chairman, José María Álvarez-Pallete, has defended the reduction of the company’s dividend, which he considers to be an appropriate price as it maintains a very high dividend yield compared to the Ibex and the sector as a whole.


BCE SkylineFrankfurtTC

European Banks’ Dividends Could Reach Up To €11 Bn, Says The ECB

European banks will pay out between €10.5 and 11 Bn in dividends this year, according to “very preliminary” estimates by the European Central Bank, following consultations with the lenders. Spanish Santander, BBVA, CaixaBank and Bankinter have been authorised by the ECB to distribute 15% of their profits in dividends to their shareholders. Sabadell will not remunerate its shareholders so it would not have requested authorisation, while Bankia will do so after merging with CaixaBank, in April or May.


spain dividend yield

2021, The Year Of The Return Of Dividends; Spain, Eurozone Leader In Dividend Yields

Allianz Global Investors presented the Dividend Report 2021. According to the study, after falling to just under €290 Bn in 2020, compared to €360 Bn a year earlier, due to the coronavirus crisis, dividend distribution is likely to rise again in 2021 to  about €330 Bn. Whatsmore, pre-crisis levels will not be reached before 2022. The report also shows that, despite the health crisis-related downturn, dividends in Europe continue to contribute substantially to equity returns. Spain is the leading market for dividend yields in the Eurozone.