In this section of the page, you will find all the information you need to understand how Grupo Catalana Occidente (GCO) dividends work. In addition, you will be able to consult the payment date, the ex-dividend date, the last day to be entitled to the payment, the money to be received per share, the yield and any other doubts that may arise.
Upcoming Grupo Catalana Occidente dividend
Change(%)
-15.63%
Decrease
Next payment 0.1625€
Next payment date Feb 28, 2024
Last payment 0.1926€
Last payment date Oct 11, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 2/26/24
Estimated

Grupo Catalana Occidente will distribute 0,1625 euros per share in the form of a dividend on February 28, 2024.

The February 26, 2024 is the ex-dividend date. So if you wish to receive Grupo Catalana Occidente dividends, you must buy one day before this date.

Grupo Catalana Occidente distributed 0.1926 euros per share in the form of a dividend on October 11, 2023.

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.
Dividend payout ratio

The dividend payout ratio, also known as the payout ratio, is an essential indicator for assessing the stability of a company's dividends. This ratio shows what proportion of the company's net profit is used to pay dividends to shareholders.

Dividend payout ratio = Total dividends ÷ Net income

Grupo Catalana Occidente's earnings (4,856,729,088.00€) are sufficient to cover the dividend payment. This payment represents 2% of the total net profit of GCO.
Dividend payout ratio
General recommendations

An appropriate payout ratio may vary depending on the industry, the company's growth stage and its financial health.

Payout Ratio

Dividend calendar of Grupo Catalana Occidente

This is the Dividend Calendar of Grupo Catalana Occidente in 2023.

Event Day
Last trading date February 23, 2024
Ex-Dividend (Ex-Date) February 26, 2024
Record date February 27, 2024
Date of payment February 28, 2024
Dividends schedule Grupo Catalana Occidente
Data pending official confirmation from the company Grupo Catalana Occidente (GCO).
Estimated
Estimation Policy

Our policy is based on extracting all the financial information available for each company so that our own algorithms weight this information, thus giving us a result as close as possible to the real data.

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
Increasing Dividend Program

For a company to have growing dividends by our standards, the annual dividend amount must have increased steadily for at least the last 5 years.

Dividend yield

Dividend yield of Grupo Catalana Occidente vs. the sector

Grupo Catalana Occidente's dividend yield (2.40%) is below the sector average (4.93%).
Comparison with industry average
Comparison with industry average

The company's dividend yield is compared to the industry average to determine its positioning.

Grupo Catalana Occidente's dividend yield is below the top 75% (3.31%) of the sector.
Evaluation with respect to competence.
Comparison with competitors

Imagine you have a list of dividend yields for different companies in an industry. If you look for the "top 25%% percentile", you will find a number. This number tells you that the top 25%% of the companies with the highest dividends have a yield higher than that number.

On the other hand, the "top 75%% percentile" shows you another number, which tells you that 75%% of the companies have a higher yield than that number, thus showing a more common and less high yield.

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 stability

For a company to have stable dividends by our standards, it is vital that it has not had an annual decline of more than 10% over the previous year.

Dividend history of Grupo Catalana Occidente

In this table you can see the dividend history of Grupo Catalana Occidente:

YearEx-DividendAmountTotal
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 €
Dividend history of Grupo Catalana Occidente

Grupo Catalana Occidente dividend capture strategy

Step 1: Buy Grupo Catalana Occidente shares (GCO) one day before ex-dividend date
Date of purchase Feb 23, 2024
Next ex-dividend date Feb 26, 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 3.85B €
ISIN N/A
Number of Employees 8,586
Address Paseo de la Castellana 4, Madrid, 28046, Spain
Phone 34 915 66 13 02
Website https://www.grupocatalanaoccidente.com
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 Quarterly 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.

Grupo Catalana Occidente belongs to the Financial Services sector and the Insurance - Diversified industry.

The CEO of Grupo Catalana Occidente in 2023 is Mr. Jose Maria Serra Farre.

At this moment, the value of a Grupo Catalana Occidente share is 32.05€.

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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