Munyaya ino tichataura nezvayo mubairo izvo zvinotarisisa kunyanya pakuverenga kweiyo govanisa goho. Kazhinji, makambani ane gohwo repamusoro Vanopa mikana mikuru yekutenga kana ichienzaniswa nemakambani ane rondedzero yakaderera, izvi imhaka yekuti varimi vanowanzo kukoshesa kuti purofiti yakachengetedzeka inopihwa kwavari uye kuti iri pamusoro peicho mutengo unokosheswa mumusika.
Kutanga, tichaita ipfupi pfupiso yedudziro yemadividendi, uye inozivikanwa sekodzero yemunhu inoenderana neumwe neumwe wevabatsiri kuti vagamuchire hupfumi, nguva dzose, kubva kune purofiti inowanikwa kubva munharaunda.
Mugove wemugovano kana goho remugovano wega wega, Chiyero chemari icho, kuburikidza nezvikamu, hukama huripo hunomiririrwa pakati pezvikamu zvinopihwa neimwe kambani kune avo vanogovana navo mukati menguva, inova kazhinji gore rekupedzisira, uye mutengo we mugove unogona zvakare kuverengerwa pamwe nekufungidzira kwekubatsira kwegore rinotevera, asi izvi zvinogona kutungamira mukukanganisa kwakasiyana kweiyero, izvi zvinokonzerwa nekushaikwa kwekuchengetedzeka maererano nekuparadzirwa kweizvi.
Nechikonzero ichi, zvikwereti chikamu chakakosha chemubatsiro mukambani uye pane imwe nguva yenguva, vanoendeswa kune ivo vagovana mari yakaenzana nenhamba yemasheya avanazvo.
Kana kambani ikwanisa kuwana mabhenefiti, kune General Assembly iyo inosarudza kuti mari iyi yaiswa zvakare mukambani imwechete kana kuti ikabhadharwa kune shareholders munzira ye zvakagoverwa. Makambani ane kugadzikana kwakanyanya anowanzo sarudza mabhureki akaparadzaniswa ayo chikamu chinoiswa mari uye mamwe ese anobhadharwa muzvikamu. Kune rimwe divi, makambani ari kukura haawanzo kugovera mubairo, izvi imhaka yekuti vanoisazve purofiti kuti vakwanise kuzviraramisa ivo pachavo uyezve vanokwanisa kupa vanogovana mutengo wakakwirira kwazvo wezvikamu.
Nzira dzokubhadhara
Zvikwereti zvinofanirwa kubhadharwa uye iyi sarudzo inogona kuitwa nenzira mbiri, dzinotevera:
- Mune zvikamu: pachikamu chega chega chine muridzi wemugove, anofanirwa kugamuchira imwe nhamba yemasheya. Iyi nzira yekubhadhara inowanzonziwo capitalization yemhedzisiro, izvi imhaka yekuti inowedzera hupfumi hwemagariro hunowanikwa nekambani.
- Cash: pachikamu chega chega chine muridzi, imwe mari ichagamuchirwa, inozotenderanwa kare nevatungamiriri vekambani iri kutaurwa. Iyi nzira yekubhadhara inosanganisira zvinhu zvakawanda, chimwe chazvo ndechekuti midziyo yekambani yakadzikiswa.
Kune rimwe divi, unogona kubhadhara chikamu kune ramangwana purofiti account, asi izvi zvinongogoneka mune kesi kana paine kukwana kwemari kuzviita.
Izvo zvinofanirwa kucherechedzwa kuti, nekuda kwezvambotaurwa, chete chikamu chakajairika chinofanirwa kutariswa (kusiya parutivi chinoshamisa) nekuti, nenzira iyi, kambani inokosheswa zvirinani.
Sezvatareva, dividend goho Icho chimwe chezviyero zvemari zvinonyanya kushandiswa nevane masheya kukoshesa chikamu. Izvo zvinodikanwa kuti utarise kuti iyo purofiti inotarisirwa nemushamari anowana mugove kuti igone kuenderera mukudzokororodza zvimwechetezvo, pamwe nezvipo zvakagamuchirwa. Zvakare zvine chekuita nenyaya iyi kuvepo kwechikamu chekubhadhara, icho chinoratidza chikamu chebatsiro mukambani iyo inogoverwa sechikamu.
Iwo makambani anotarisira kugara achigovera zvikwereti anowanzove nehumwe hunhu, nekuti zvikasadaro, mari yekuwedzera yaizodikanwa kuti vape mari yekuwedzera kwavo vachibhadharisa vagovana.
Nenzira yekutsanangurwa, muchinyorwa chino tinogona kuziva sumo diki yezvavari mugove, pamwe nemafomu avo ekubhadhara. Uye zvakare, iyo purofiti nyaya kugadzira mabharanzi mune hunhu hwemakambani ari kutarisira kugovera mugove muhomwe yekubhadhara, izvo zvinobatsirawo zvikuru kugona kusarudza mune kambani iri mune inofanirwa kutenga zvikamu.
Zvikanzi Kugovaniswa kwezvikamu ndiko kunonyanya kukwezva pamusika weSpanish. Hazvizivikanwe zvechokwadi kana chiri chekare, asi icho chokwadi ndechimwe cheakakura. Zvirinani izvo zvakaverengera misika yemasheya kuSpain. Asi iwe uchazvibvunza pachako, kana musika wenyika uchifanira kuzvirumbidza, uye mhinduro ndeyekuti sezviri pachena hongu. Kwemakore gumi apfuura, musika weSpanish wemusika wave uri mutungamiri maererano negoho remugovano, uchiita kuenzanisa nemamwe masitoko epasi munyika dzakasimukira. Izvo zvakangoratidzirwa chete mumwedzi miviri yekutanga yegore kuti makambani akanyorwa munyika akatove akagovera kutenderera zviuru mazana matatu nemazana mashanu ezviuru muzvikamu kune vagovana. Izvo zvinonzwika zvakanaka.
Asi, kana mubvunzo uripo ndewekuti zvikwama zvinoita zvirinani na makambani ane goho repamusoro rezvibereko, mhinduro inogona kuratidzika kunge iri pachena kana ikacherechedzwa kuti kudzoreredzwa kwezvikamu zvakagoverwa nemakambani uye kuti nei index iyi ichifunga nezvekudzoserwa kwezvikamu zvakagoverwa nemakambani. Asi uyu musiyano unodikanwa nekuda kwechikonzero chinotevera; Kana kambani ichibhadhara zvikwereti, mitengo inodonha uye indekisi inofamba, ndosaka, kana tikatarisa kukanganiswa kwezvikamu, tinogona kuti indekisi yambotaurwa ichaita chinomiririra padyo nehunhu hwemusika wemasheya.
Simba rine simba Zvikwereti pane kudzoka kwekugara kwenguva refu Zvino shamisa. Zvakanaka, izvi imhaka yekuti muna 2017 mutoro wakanaka wezvikamu wakavimbiswa kuuya uye ndozvazviri nhasi. Neichi chikonzero, isu tinonyora mamwe makambani akabhadhara zvakanyanya kune vanozogovana gore rino.
Magetsi network
Uyu Kambani yemagetsi, haina kusiiwa kumashure sezvo ichipa goverano rezvibereko zvingangoita 5,03% pamwe nekuwana purofiti pamugove we1,24. Nenhamba iyi yekuongorora, inodarika 8% uye mutengo wakanangwa we19,50 euros, zvikamu zveRed Eléctrica zvine kurudziro inofanirwa kuchengetedzwa nevanoongorora vakasiyana siyana. Kubva pamaonero ehunyanzvi, nyanzvi idzi dzakasvika pamhedziso dzakasiyana uye imwe yacho ndeyekuti zvinofanirwa kukunda kupokana kwema19,93 euros kuitira kuti vafarire mazwi epakati kumusoro.
Enagas
Iyi kambani ine goverano rezvibereko rinosvika 5,95% uyezve purofiti pamugove we1,00 euros gore rino. Chibvumirano chevaongorori chakafunga kuti kukosha isarudzo inofanirwa kuchengetwa mupotifoliyo, kuitira kuti nenzira iyi, mukana wekudzokorodza unozivikanwa uyo uri pamusoro pe10% pamwe nemutengo wakanangwa we26 euros.
Repsol
Kambani yemafuta yeSpain inopa gohwo rezvikamu zve5,97% uyezve purofiti pamugove we1,35 euros. Zvinoenderana nezvidzidzo zvakaitwa nenyanzvi vanoongorora, Repsol ine kurudziro yekutenga pakati pevashandi uye inogona kuve nekwanisi yekudzoserwa re6,422%, ine mutengo wakanangwa we14,500 euros.
Media set
Mugore re 2017, iyo Mediaset kambani iri kupa iye anogoverana chikamu che5,32% uye uye ane mubairo pamugove unosvika 0,61 euros. kambani yambotaurwa ine hurongwa hunogona kuve pasi pekutariswa. Huye, iyo stock inogona kunyange kusvika kungangoita kuongororwa kwe12,15% pamwe nemutengo wakanangwa we12 euros.
Endesa
Kambani yeEndesa ndeimwe yemakambani ayo akwanisa kupa kudzoka kwakakwirira kune avo vagovana navo mukati mebex35. Chibereko chayo chinogovaniswa chiri pa6,56% mune ino 2017 uye zvakare ine purofiti pamugove we1,26, saka chibvumirano chevaongorori vakabvunzwa ndechekuti kambani ipiwe kurudziro yekuchengetedza muchikwama uye mutengo wakatarwa we20,25 euros , izvi zvinofungidzirwa kuti zvinoratidzwa mukukwanisa kuwedzeredza kwe0,596%