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The capitalization of the Spanish stock market increased by 8% in August

Market capitalization of listed companies In Spain it increased by 8% in August, up to 1,207 billion euros, compared to the same month of 2023, according to statistics from the Spanish Stock Exchange and Markets (BME).

The monthly advance compared to July was 2%, while in these temporary terms the increase in the stock market value of companies dedicated to consumer goods stood out thanks to the impact of Inditex: It increased from 170.448 million euros in July to 183.327 million euros in August.

In connection with this, still according to BME statistics, companies The highest capitalizations at the end of August were Inditex, with 152.653 million euros, Iberdrola, with 81.589 million euros and Banco Santander, with 69.662 million.

Distribution of 25.750 million dividends in August

For their part, Spanish listed companies have distributed 25.750 million euros to their shareholders until August, which implies 15% more than in the same period of 2023according to the stock manager’s records.

In concrete terms, of the amount received by shareholders during the first eight months, the majority corresponded to dividends amounting to approximately 25.5 billion.

Regarding the return on issue premium, Listed companies returned an additional 160 million to their shareholders.

The amount that has been used to remunerate the shareholder until August of the current year is already higher than all the amounts paid in the total calculation of the years 2020 and 2021, in addition to being equal to the figure for 2022, when these years had to face the circumstances caused by the pandemic.

Similarly, the amount paid so far is likely to exceed the figure 2023, where 30.3 billion euros were distributed, since in the calendar there are still important months in the payment to shareholders such as November and December (the sum of the two months in 2023 involved the disbursement of more than 6,000 million for shareholders).

However, going into the details of the month of August, according to the data to which Europa Press had access, it should be noted that in the eighth month only 173 million euros were paid, 70% less than the same month of 2023 – when they paid 566 million-, Although it is true that August is usually a period of little activity in the industry due to the holiday period. and which is just after the largest month on average: last July alone, 5.9 billion euros were distributed.

In fact, the bulk of the dividend paid in August corresponded to Aedas Homes, which approved the payment of 100 million euros at its general shareholders’ meeting on August 1.

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Katy Sprout
Katy Sprout
I am a professional writer specializing in creating compelling and informative blog content.
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