This week The strategic portfolio of elEconomista.es saw little change, with current stock exposure remaining at 100% after the latest moves.
Among the highlights of the week, there is the collection of an additional dividend, that of Cellnex, which continues to have a symbolic size. They were 0.046 euros per sharewith which a total of 25 euros were added to the dividend pool. The next one, already planned for June 2025, could begin to gain some momentum after the strategic shift of the tower, which brought forward the start of the distribution of dividends to 2025 once the debt has started to be reduced.
Beyond that, the most notable movements in these days were the 3 and 4% declines that Dominion and Santander suffered respectively, compared to the 3.5% that Acerinox recovered.
For its part, BBVA has remained in green territory since its takeover. However, its price is strongly conditioned by the evolution of the public purchase offer. The obstacles that the CNMC could put in place could derail the operation, which, paradoxically, would be good for its price, at least in the short term, since the necessary capital increase would no longer be expected.
Without going any further, it should increase by 20% from its current price to return to the level where it was trading before officially presenting the takeover offer. Analysts are more optimistic and even see it up 5 points.
