We are at a time when investors are considering whether they are going to collect their dividend due to the cascade of suspensions and reductions in this payment to the shareholder by some of the listed companies. To the point that it can make them change their investment strategy from now on. After dividend yield reached late last year around 4,6%, one of the highest within the equity markets in the old continent. From where a good part of the stock market users were in a position to obtain a fixed and guaranteed income every year. To give a little more liquidity to your checking or savings account.
Where the advice of the European Central Bank (ECB) to banks to leave shareholder remuneration for later, either through payment of dividends or through share buy-backs, has not caught some banks by surprise, which has already happened in the past. week they announced measures in this regard. In Spain, Santander, CaixaBank and Bankia they have already taken the first step. So that other sectors, from that moment on, have imitated this movement that interests small and medium investors so much. In particular, those with a more defensive or conservative profile and who are the ones who are most pending these days about what may happen with dividends in the stock markets.
In any case, there are a series of values that have already advanced that will maintain this payment to the shareholder, and in some cases even increase it. Although this last case is only specific and exceptional in a market changing from any point of view. So that you can develop an investment strategy and we are going to offer which are some of the listed companies that have opted for this remuneration system from now on. Although the first effect of this measure is that the dividend yield it's going to decrease noticeably in the coming months, although the old remuneration levels may be resumed in the coming months.
Dividend payment: Iberdrola
The positive news in these hard days comes from the power company par excellence of our country that has calmed the spirits of its small and medium investors. Because in effect, Iberdrola foresees that both its net profit as its 2020 dividend increases, despite the current crisis due to the coronavirus pandemic. What constitutes good news for all investors who have taken positions in the value. Given the doubts that have been generated in them and that has led to a high selling pressure that has caused the electricity company to be trading very close to the levels of nine euros for each share.
"We believe in a social market economy, we provide an essential service," said Galán when asked by a shareholder about whether he would keep the dividend. "Many of our shareholders are pensioners," he indicated. «I know that the dividend complements his income. You can be sure that we are aware of your needs, "he insisted. With a charge to 2019, the dividend was 0,4 euros per share and the company's forecast is to maintain the growing line in 2020. "Thanks to a prudent financial policy we have liquidity for 18 months", in the worst scenario, it has qualified the manager during his speech. "This financial policy allows us to pay the dividend and make, and even accelerate, investments." In this sense, Galán has indicated the issuance of bonds communicated this Wednesday, worth 750 million euros.
Bankinter exception within the sector
This credit institution has been an oasis over what the banking sector is experiencing in terms of the payment of dividends. Because the European Central Bank (ECB) has raised the tone and urges banks not to distribute profits among their shareholders while the economic crisis unleashed by the coronavirus pandemic lasts. The institution has even updated the generic recommendation on dividend policies that it issued at the beginning of the year and urged banks to suspend payments to shareholders until at least October 1. As a change in strategy with the arrival of this virus that is also affecting equity markets in our country and also outside our borders.
This trend on the part of the European Central Bank has led the large financial groups to reduce or suspend this payment to the shareholder. But it has not been the case of Bankinter, which has already distributed this bonus in the last march. Another very different thing is to know what its position will be from the second half of the year and that on the other hand can create new doubts among shareholders of this value that has gone against the general trend of all powerful banking sector in the stock market of our country.
Enagás offers a very profitable payment
The national gas company is another of the companies that has confirmed the payment of its dividend for at least the next three years. With one of the highest returns in the selective equity index, the Ibex 35. With levels that approach 7% and that can be an incentive these days to open positions in this stock market value. In addition, it cannot be forgotten that it has been one of the proposals on the stock market that has had a better performance in the stock market crash in all countries. Even with positive results in the last ten days and that has served as a safe haven against the flow of capital in the financial markets.
While on the other hand, it cannot be forgotten that this company comes from a line of business that is recurrent and this is something that always generates security among small and medium investors in an emergency scenario such as the current one. To the point that it is one of the favorite values for many of the analysts in the equity markets. To constitute a balanced and rational investment portfolio from now on and that is, after all, one of our most desired goals for the remainder of the year. As is the fact that its technical aspect has not been very deteriorated these days and continues to show an upward trend in the long term.
Endesa another confirmed value
How could it be otherwise, another electricity company is present in this selective group of equities in our country. Not surprisingly, it has been one of the first to confirm the payment of its dividend that will be executed next July. With a payment of 0,74 euros for each share and that represents an interest rate close to 7% on its current prices. Where it is also estimated that it will comply with its estimates of the fertilizer in the coming years. Unless some unforeseeable event occurs in the next few weeks. But either way, this is one of the values that will not disappoint small and medium investors.
On the other hand, it has not been one of the companies hardest hit by the financial markets since right now it is at levels similar to those of two years ago. At a level of 19 euros after having fallen back in the worst moments of the crisis to 15 euros, which represented a recoil greater than 50% since the last upward trend that began in 2012. Being one of the most defensive or conservative stocks that make up the Ibex 35 and that attracts a good part of the profiles of these characteristics. To the point that it has been integrated into a good part of the investment portfolios carried out by financial intermediaries.
Naturgy calms the markets
The power company will distribute 0,593 euros per share, which, after having left 18% on the market in 2020, offers 3,5%. This is the third dividend on account of the group's 2019 results. Naturgy confirmed this payment last Monday, through the note that has been sent to the National Commission of the National Stock Market (CNMC) in which it announced, for security reasons due to the coronavirus crisis, the cancellation of its shareholders' meeting, which was to have been held on Tuesday, March 17. So that in this way, it takes over the positions in the electricity sector of the variable income of our country.
While on the other hand, it is one of the proposals that, although very defensive, has had a worse performance within the electricity sector, compared to its competitors in the financial markets. With a much higher volatility and that has led to its falls have been much more pronounced since March 13, the date on which the confinement in homes began.