Upcoming Grupo Catalana Occidente dividend
Change(%)
+184.21%
Increase
Next payment 0.54€
Next payment date May 8, 2024
Last payment 0.19€
Last payment date Feb 7, 2024
00 D 00 H 00 M 00 S
Ex-Dividend: 5/6/24
Confirmed

Holders of Grupo Catalana Occidente can expect to receive a dividend of 0,54 euros per share on the scheduled date of May 8, 2024.

Investors aiming at Grupo Catalana Occidente (GCO) for dividends, remember: the Ex-dividend Date, May 6, 2024, is critical to buy and the Record Date, May 7, 2024, to confirm your participation.

Grupo Catalana Occidente made a dividend payment of 0.19 euros on February 7, 2024, following its ex-dividend on February 5, 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 (4,459,796,992.00€) 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 May 3, 2024
Ex-Dividend (Ex-Date) May 6, 2024
Record date May 7, 2024
Date of payment May 8, 2024
Data confirmed by the company Grupo Catalana Occidente (GCO).
Confirmed
Source
Historical annual dividend yields of Grupo Catalana Occidente
Over the past 5 years, Grupo Catalana Occidente has not consistently increased the annual dividend amount.
Increasing Dividends
Dividend yield
Dividend yield of Grupo Catalana Occidente vs. the sector
Grupo Catalana Occidente's dividend yield (5.88%) is above the sector average (5.56%).
Comparison with industry average
Grupo Catalana Occidente's dividend yield is between the top 25% (10.12%) and top 75% (3.19%) of the sector.
Evaluation with respect to competence.
Dividend yield history in Grupo Catalana Occidente
Over the past 5 years, Grupo Catalana Occidente's annual dividend income has fallen by more than 10%.
Dividend stability

Dividend history of Grupo Catalana Occidente

In this table you can see the complete history:

YearEx-DividendAmountTotal
2024
02/05/2024
0.1926 €
0.1926 €
2023
10/09/2023
07/10/2023
05/08/2023
02/06/2023
0.1926 €
0.1926 €
0.4909 €
0.1792 €
1.0553 €
2022
10/11/2022
07/11/2022
05/09/2022
02/07/2022
0.1792 €
0.1792 €
0.4463 €
0.1667 €
0.9714 €
2021
10/11/2021
07/05/2021
05/10/2021
02/08/2021
0.1667 €
0.1667 €
0.4057 €
0.1588 €
0.8979 €
2020
10/05/2020
06/29/2020
05/11/2020
02/10/2020
0.1588 €
0.1588 €
0.20285 €
0.1588 €
0.67925 €
2019
10/07/2019
07/08/2019
05/06/2019
02/11/2019
0.1588 €
0.1588 €
0.3688 €
0.1512 €
0.8376 €
2018
10/08/2018
07/09/2018
05/07/2018
02/12/2018
0.1512 €
0.1512 €
0.3431 €
0.144 €
0.7895 €
2017
10/09/2017
07/10/2017
05/08/2017
02/13/2017
0.144 €
0.144 €
0.3119 €
0.1371 €
0.737 €
2016
10/11/2016
07/08/2016
05/06/2016
02/10/2016
0.1371 €
0.1371 €
0.2901 €
0.1275 €
0.6918 €
2015
10/14/2015
07/15/2015
05/14/2015
02/12/2015
0.1275 €
0.1275 €
0.2637 €
0.1214 €
0.6401 €
2014
10/09/2014
07/10/2014
05/14/2014
02/13/2014
0.1214 €
0.1214 €
0.2511 €
0.1156 €
0.6095 €
2013
10/10/2013
07/11/2013
05/09/2013
02/14/2013
0.1156 €
0.1101 €
0.2391 €
0.1101 €
0.5749 €
2012
10/11/2012
07/12/2012
05/10/2012
02/10/2012
0.1101 €
0.1101 €
0.2391 €
0.1101 €
0.5694 €
2011
10/13/2011
07/14/2011
05/12/2011
02/10/2011
0.1101 €
0.1101 €
0.2174 €
0.1001 €
0.5377 €
2010
10/13/2010
07/15/2010
05/13/2010
0.1001 €
0.1001 €
0.207 €
0.4072 €
2009
12/23/2009
10/08/2009
07/16/2009
05/12/2009
02/13/2009
0.1001 €
0.1001 €
0.1001 €
0.207 €
0.1001 €
0.6074 €
2008
10/10/2008
07/18/2008
05/12/2008
02/13/2008
0.1001 €
0.1001 €
0.207 €
0.091 €
0.4982 €
2007
10/10/2007
07/19/2007
05/11/2007
02/09/2007
0.091 €
0.091 €
0.172 €
0.076 €
0.43 €
2006
10/11/2006
07/19/2006
05/12/2006
02/10/2006
0.076 €
0.076 €
0.62 €
0.28 €
1.052 €
2005
10/14/2005
07/15/2005
05/13/2005
02/11/2005
0.28 €
0.28 €
0.43 €
0.23 €
1.22 €
2004
10/15/2004
07/16/2004
05/14/2004
02/11/2004
0.23 €
0.23 €
0.36 €
0.22 €
1.04 €
2003
10/15/2003
07/16/2003
05/14/2003
02/11/2003
0.22 €
0.22 €
0.34 €
0.21 €
0.99 €
2002
10/15/2002
07/16/2002
05/14/2002
02/11/2002
0.21 €
0.21 €
0.33 €
0.2 €
0.95 €
2001
10/15/2001
07/16/2001
05/15/2001
02/12/2001
0.2 €
0.2 €
0.303511 €
0.195329 €
0.89884 €
2000
10/16/2000
07/17/2000
02/14/2000
0.195329 €
0.195329 €
0.189319 €
0.579977 €
Grupo Catalana Occidente dividend capture strategy
Step 1: Buy Grupo Catalana Occidente shares (GCO) one day before ex-dividend date
Date of purchase May 3, 2024
Next ex-dividend date May 6, 2024
Step 2: Sell Grupo Catalana Occidente shares (GCO) when the price recovers.
Date of sale (estimated) N/A
Average price recovery N/A
Average return on cost N/A
The dividend capture strategy is based on historical Grupo Catalana Occidente data. Past performance is no guarantee of future results.

Information about Grupo Catalana Occidente

Full name Grupo Catalana Occidente, S.A.
Ticker GCO
Sector Financial Services
Industry Insurance - Diversified
Market Capitalization 4.36B €
ISIN ES0116920333
Number of Employees 8,586
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 pays dividends on a Trimestral basis.

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. Jose Maria Serra Farre.

Grupo Catalana Occidente does not have a growing dividend program. Dividends have not shown a steady growth in the last 5 years.

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