Mapfre is having a good stock market year, the best since 2016, with its stock gaining more than 32% on the stock market. The rate cuts initiated by the European Central Bank have worked in its favor, since the group has a large part of its portfolio invested in bonds. But in recent weeks, the insurer’s shares have suffered a correction that has led it to leaving more than 4% on the stock market since October 29. Consult the Calendar of upcoming dividends here.
These recent declines, from which its price is already recovering, are favorable to investors who plan to position themselves in Mapfre in order to receive their next dividend. The group chaired by Antonio Huertas will pay 0.065 euros on Friday November 29. At current prices, this amount offers a yield of 2.52%. To pocket them, you must have stocks in your portfolio before the 27th.
Mapfre has been following for many years the same pay scale: It generally pays a first interim dividend at the end of the year, which in recent years was distributed in November. An additional payment is added to this first payment, generally in May of the following year.
Thus, charged to 2024, this first dividend of 0.065 euros will be added, in May 2025, an additional 0.095 eurowhether market forecasts are met, as collected Bloomberg. In total, the dividend paid for the current year would therefore amount to 0.16 euros, which represents 6.2%. The amount distributed per share is 6% higher than the previous year.
Failing to know the profit corresponding to the total for the 2024 financial year, the company On October 29, it presented positive figures for the first nine months. Its net profit amounted to 653 million euros, an improvement of 39% compared to the same period of 2023. The group’s overall turnover increased by 3% to 25.345 million euros, of which 21.622 million came from written premiums, which increased by 4.6%. Analysts currently recommend keeping Mapfre stock in your portfolio.
November does not bring many more dividends in Spain, apart from Mapfre. It is confirmed that round Cellnex, which will distribute the 21 0.046 euros per share, but its profitability is limited to 0.14%. We will expect something more from Fluidra, also confirmed for December 3. The swimming pool manufacturer will reward its shareholders with 0.25 euros per share, which offers 1%. The company pays twice a year, in July and December. To these 25 cents will be added, as could be expected, another 30 which would already be paid in July 2025. Among the December dividends, that of Telefónica particularly stands out, with its 3.5%, as well as that of ‘Atresmedia, whose profitability reached 4%.
Beyond our borders, French alcoholic beverage producer Pernod Ricard will donate 2.35 euros per share on November 27. To pocket them, you must have it in your portfolio before the 25th. The profitability of this dividend is 2.1%.
