Upcoming Grupo Catalana Occidente dividend
Change(%)
0.00%
No change
Next payment 0.207€
Next payment date Oct 9, 2024
Last payment 0.207€
Last payment date Jul 10, 2024
00 D 00 H 00 M 00 S
Ex-Dividend: 10/7/24
Confirmed

Holders of Grupo Catalana Occidente can expect to receive a dividend of 0,207 euros per share on the scheduled date of October 9, 2024.

Investors aiming at Grupo Catalana Occidente (GCO) for dividends, remember: the Ex-dividend Date, October 7, 2024, is critical to buy and the Record Date, October 8, 2024, to confirm your participation.

Grupo Catalana Occidente made a dividend payment of 0.207 euros on July 10, 2024, following its ex-dividend on July 8, 2024.

Grupo Catalana Occidente has been listed on the Madrid stock exchange since 1878, but it is not until 1959 that it takes shape as it does today, with the stock exchange symbol GCO.

Decisions on the company's policy regarding the delivery of dividends are made by its Administrative Council and its shareholders' meeting, who approve both the schedule and the amount to be deposited, depending on the previous year's financial results.

That is why Catalana de Occidente has paid these interests in a stable and consecutive manner, calculated on a four-part basis, i.e. quarterly, paying them in cash in the months of February, May, July and October, with an annual yield approaching 3.4%.

Payout Ratio Grupo Catalana Occidente Dividends

Grupo Catalana Occidente paid 2% of its net income in the last fiscal period as dividends.
Grupo Catalana Occidente's earnings (4,575,556,096.00€) are sufficient to cover the dividend payment. This payment represents 2% of the total net profit of GCO.
Dividend payout ratio
Payout Ratio

Dividend calendar of Grupo Catalana Occidente

These are the most important events of the Grupo Catalana Occidente calendar in 2024:

Event Day
Last trading date October 4, 2024
Ex-Dividend (Ex-Date) October 7, 2024
Record date October 8, 2024
Date of payment October 9, 2024
Data confirmed by the company Grupo Catalana Occidente (GCO).
Confirmed
Source
Dividend yield of Grupo Catalana Occidente vs. the sector
Grupo Catalana Occidente's dividend yield (2.12%) is below the sector average (4.17%).
Comparison with industry average
Grupo Catalana Occidente's dividend yield is below the top 75% (3.22%) of the sector.
Evaluation with respect to competence.

Information about Grupo Catalana Occidente

Full name Grupo Catalana Occidente, S.A.
Ticker GCO
Sector Financial Services
Industry Insurance - Diversified
Market Capitalization 4.60B €
ISIN ES0116920333
Number of Employees 8,817
Description of the company

Catalana Occidente is a company dedicated to cover its customers as prevention against possible incidents, with a portfolio that offers different plans and services, currently part of the group "Seremos Occident".

Its beginnings are recorded from the year 1864 starting with the name "Sociedad Catalana de Seguros" providing protection, specifically with fire cases, known as "La Catalana".

Initially it was a family business, but its purpose has been extended to the protection against risks to a wider market, promising coverage to individuals, families and small or medium industry companies, also offers insurance packages for business, legal protection, savings and retirement, life insurance, vehicle and liability.

Currently, the organization has expanded internationally, reaching almost 50 countries, with more than 7,000 employees, more than 4.5 million policyholders, more than 17,000 mediators, more than 1,300 offices and around 2,700 experts.

In 2023 they began a transition process in which they joined the Seremos Occident group, formed by the companies: Seguros Catalana Occidente, Seguros Bilbao, Plus Ultra Seguros and NorteHispana Seguros, who declared they joined forces to offer more agile, comprehensive and personalized services.

Frequently asked questions about Grupo Catalana Occidente dividends

Grupo Catalana Occidente is listed on the and is part of the Mercado Continuo.

Grupo Catalana Occidente has the Ticker or stock code GCO.

The CEO of Grupo Catalana Occidente in 2024 is Mr. Hugo Serra Calderon.

Grupo Catalana Occidente ForumCheck the latest comments and participate in the live chat on Grupo Catalana Occidente stocks (GCO).
Subscribe
Notify of
guest

0 Comments
Inline Feedbacks
View all comments