In this section of the page, you will find all the information you need to understand how Merlin Properties (MRL ) 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 Merlin Properties dividend
Change(%)
-17.36%
Decrease
Next payment 0.2€
Next payment date Dec 12, 2023
Last payment 0.2420221€
Last payment date May 22, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 11/24/23
Confirmed

Merlin Properties will distribute 0,2 euros per share in the form of a dividend on December 12, 2023.

The November 24, 2023 is the ex-dividend date. So if you wish to receive Merlin Properties dividends, you must buy one day before this date.

Merlin Properties distributed 0.24202213 euros per share in the form of a dividend on May 22, 2023.

Merlin Properties has a strong dividend policy, with a high pay-out ratio. In 2022, the company distributed a total of €0.95 per share, representing one of the highest yields within the IBEX 35 index, with a return of over 10%.

In 2023, the company is expected to return to its usual payout policy of around 5%, still below pre-pandemic levels.

Despite this, in recent years the company has increased its annual net profit, which could lead to an increase in the dividend system.

Payout Ratio Merlin Properties Dividends

Merlin Properties paid 1.75% 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

Merlin Properties's earnings (505,099,008.00€) are not sufficient to cover the dividend payment. The dividend payment is equal to or greater than the total net profit of MRL .
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 Merlin Properties

This is the Dividend Calendar of Merlin Properties in 2023.

Event Day
Last trading date November 23, 2023
Ex-Dividend (Ex-Date) November 24, 2023
Record date November 27, 2023
Date of payment December 12, 2023
Dividends schedule Merlin Properties
Data confirmed by the company Merlin Properties (MRL ).
Confirmed
Estimation Policy

This data has been verified by Merlin Properties's General Shareholders' Meeting.

Source

Historical annual dividend yields of Merlin Properties

Over the past 5 years, Merlin Properties 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 Merlin Properties vs. the sector

Merlin Properties's dividend yield (4.83%) is above the sector average (2.33%).
Comparison with industry average
Comparison with industry average

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

Merlin Properties's dividend yield is among the top 25% (4.18%) 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 Merlin Properties

Over the past 5 years, Merlin Properties'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 Merlin Properties

In this table you can see the dividend history of Merlin Properties:

YearEx-DividendAmountTotal
2023
11/24/2023
05/05/2023
0.2 €
0.242022 €
0.442022 €
2022
11/18/2022
08/04/2022
05/16/2022
0.2 €
0.75 €
0.250119 €
1.200119 €
2021
11/19/2021
05/06/2021
0.15 €
0.3 €
0.45 €
2020
06/25/2020
0.147416 €
0.147416 €
2019
10/18/2019
04/29/2019
0.2 €
0.3 €
0.5 €
2018
10/17/2018
05/16/2018
0.2 €
0.259999 €
0.459999 €
2017
10/17/2017
04/25/2017
0.2 €
0.10071 €
0.30071 €
2016
10/18/2016
09/13/2016
04/07/2016
0.185 €
0.02 €
0.102608 €
0.307608 €
2015
10/15/2015
0.0775 €
0.0775 €
Dividend history of Merlin Properties

Merlin Properties dividend capture strategy

Step 1: Buy Merlin Properties shares (MRL ) one day before ex-dividend date
Date of purchase Nov 23, 2023
Next ex-dividend date Nov 24, 2023
Step 2: Sell Merlin Properties shares (MRL ) when the price recovers.
Date of sale (estimated) Nov 27, 2023
Average price recovery 2 days
Average return on cost 2.96%
The dividend capture strategy is based on historical Merlin Properties data. Past performance is no guarantee of future results.

Information about Merlin Properties

Full name MERLIN Properties SOCIMI, S.A.
Ticker MRL
Sector Real Estate
Industry REIT - Diversified
Market Capitalization 4.34B €
ISIN N/A
Number of Employees 247
Address Paseo de la Castellana, 257, Madrid, 28046, Spain
Phone 34 91 769 19 00
Website https://www.merlinproperties.com
Description of the company

Merlin Properties is a Spanish company founded in 2011 and specialized in the real estate investment sector. It has a broad portfolio of assets which includes mainly office buildings, shopping centers and other real estate assets located throughout Spain and Portugal.

Today it is headquartered in Madrid and is listed on the continuous market of the Madrid Stock Exchange, being a member of the IBEX 35 index.

It stands out for its strategy of acquiring high-quality real estate assets with high profitability and a high percentage of revaluation. In recent years, the company has experienced a growth in its market value.

Frequently asked questions about Merlin Properties dividends

Merlin Properties pays dividends on a Semiannual basis.

Merlin Properties is listed on the Madrid Stock Exchange and is part of the Ibex35.

Merlin Properties has the Ticker or stock code MRL .

Merlin Properties belongs to the Real Estate sector and the REIT - Diversified industry.

The CEO of Merlin Properties in 2023 is Mr. Ismael Clemente Orrego.

At this moment, the value of a Merlin Properties share is 9.26€.

Merlin Properties does not have a growing dividend program. Dividends have not shown a steady growth in the last 5 years.

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