Upcoming Corporación Financiera Alba dividend
Change(%)
-39.96%
Decrease
Next payment 0.577€
Next payment date Mar 8, 2024
Last payment 0.961€
Last payment date Jul 7, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 2/20/24
Estimated

A dividend of 0,577 euros per share will be credited to the shareholders of Corporación Financiera Alba on March 8, 2024, offering a yield of 1.21%.

To qualify for dividends from Corporación Financiera Alba, buy before February 20, 2024. March 7, 2024 is the final day to be on the shareholder registry.

The dividend from Corporación Financiera Alba of 0.961 euros was paid on July 7, 2023, following the ex-dividend on June 22, 2023.

With the exception of the first payment for 2022, which was an extraordinary share repurchase transaction, Alba has always paid out the same amount of dividends on very similar dates.

Since 2012, Alba has had an extremely stable dividend policy, always paying out €1.00 gross per share. The dividend is paid in two installments, in October of the same year and in June of the year following the fiscal year.

Payout Ratio Corporación Financiera Alba Dividends

Corporación Financiera Alba paid 2% of its net income in the last fiscal period as dividends.
Corporación Financiera Alba's earnings (50,672,000.00€) are sufficient to cover the dividend payment. This payment represents 2% of the total net profit of ALB.
Dividend payout ratio
Payout Ratio

Dividend calendar of Corporación Financiera Alba

These are the most important events of the Corporación Financiera Alba calendar in 2024:

Event Day
Last trading date February 19, 2024
Ex-Dividend (Ex-Date) February 20, 2024
Record date March 7, 2024
Date of payment March 8, 2024
Data pending official confirmation from the company Corporación Financiera Alba (ALB).
Estimated
Source
Historical annual dividend yields of Corporación Financiera Alba
Over the past 5 years, Corporación Financiera Alba has not consistently increased the annual dividend amount.
Increasing Dividends
Dividend yield
Dividend yield of Corporación Financiera Alba vs. the sector
Corporación Financiera Alba's dividend yield (4.09%) is above the sector average (2.40%).
Comparison with industry average
Corporación Financiera Alba's dividend yield is among the top 25% (3.83%) of the sector.
Evaluation with respect to competence.
Dividend yield history in Corporación Financiera Alba
In the last 5 years, Corporación Financiera Alba's annual dividend amount has not fallen more than 10%.
Dividend stability

Dividend history of Corporación Financiera Alba

In this table you can see the complete history:

YearEx-DividendAmountTotal
2023
06/22/2023
0.961 €
0.961 €
2022
12/02/2022
06/23/2022
0.993 €
0.5 €
1.493 €
2021
10/25/2021
06/23/2021
0.5 €
0.5 €
1 €
2020
10/27/2020
06/24/2020
0.5 €
0.5 €
1 €
2019
10/25/2019
06/20/2019
0.5 €
0.5 €
1 €
2018
10/25/2018
0.5 €
0.5 €
2017
10/24/2017
06/19/2017
0.5 €
0.5 €
1 €
2016
10/27/2016
06/10/2016
0.5 €
0.5 €
1 €
2015
10/28/2015
06/15/2015
0.5 €
0.5 €
1 €
2014
10/30/2014
06/16/2014
0.5 €
0.5 €
1 €
2013
10/16/2013
06/17/2013
0.5 €
0.5 €
1 €
2012
10/30/2012
06/11/2012
0.5 €
0.5 €
1 €
2011
10/28/2011
06/15/2011
04/20/2011
0.5 €
0.5 €
3. €
4 €
2010
10/29/2010
06/07/2010
0.5 €
0.5 €
1 €
2009
11/10/2009
07/01/2009
0.5 €
0.375 €
0.875 €
2008
12/29/2008
11/10/2008
06/12/2008
0.315 €
0.06 €
0.06 €
0.435 €
2007
11/08/2007
06/12/2007
0.06 €
0.06 €
0.12 €
2006
11/08/2006
06/12/2006
0.06 €
0.06 €
0.12 €
2005
11/11/2005
06/09/2005
0.06 €
0.06 €
0.12 €
2004
11/11/2004
06/09/2004
0.06 €
0.06 €
0.12 €
2003
11/10/2003
06/09/2003
0.06 €
0.06 €
0.12 €
2002
11/11/2002
06/11/2002
0.06 €
0.06 €
0.12 €
2001
11/12/2001
06/11/2001
0.06 €
0.06 €
0.12 €
2000
11/10/2000
06/12/2000
0.06 €
0.06 €
0.12 €
Corporación Financiera Alba dividend capture strategy
Step 1: Buy Corporación Financiera Alba shares (ALB) one day before ex-dividend date
Date of purchase Feb 19, 2024
Next ex-dividend date Feb 20, 2024
Step 2: Sell Corporación Financiera Alba shares (ALB) when the price recovers.
Date of sale (estimated) Feb 26, 2024
Average price recovery 5 days
Average return on cost 1.41%
The dividend capture strategy is based on historical Corporación Financiera Alba data. Past performance is no guarantee of future results.

Information about Corporación Financiera Alba

Full name Corporación Financiera Alba, S.A.
Ticker ALB
Sector Financial Services
Industry Asset Management
Market Capitalization 2.87B €
Number of Employees 633
Description of the company

Corporación Financiera Alba is an investment company listed on the Continuous Market since 1986 and is majority owned by the March Group. Its focus is on acquiring long-term holdings in various companies, both listed and unlisted.

The March Group is a Spanish business and financial capital group that includes Banca March and the Juan March Foundation. Banca March is a family-owned bank focused on Private Banking, Corporate Banking and Wealth Management. The Juan March Foundation is an organization dedicated to culture and humanistic science.

Alba has its roots in Cementos Alba, a Spanish cement company controlled by the March Group, which was sold to Hornos Ibéricos in the 1980s. As a result of this sale, Cementos Alba became Corporación Financiera Alba and used the proceeds to become an investment company with a diversified portfolio of holdings in industrial companies and services. Since its creation, Alba has been an active investor in the domestic market and has been a shareholder of several leading companies.

Frequently asked questions about Corporación Financiera Alba dividends

Corporación Financiera Alba pays dividends on a Semestral basis.

Corporación Financiera Alba is listed on the Madrid Stock Exchange and is part of the Ibex Medium.

Corporación Financiera Alba has the Ticker or stock code ALB.

The CEO of Corporación Financiera Alba in 2024 is Mr. Javier Fernandez Alonso.

Corporación Financiera Alba does not have a growing dividend program. Dividends have not shown a steady growth in the last 5 years.

Corporación Financiera Alba ForumCheck the latest comments and participate in the live chat on Corporación Financiera Alba stocks (ALB).
Subscribe
Notify of
guest

0 Comments
Inline Feedbacks
View all comments