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 has confirmed that on December 12, 2023 the dividend payment will be made, amounting to 0,2 euros per share.

The Ex-dividend Date (November 24, 2023) establishes your eligibility for dividends; the Last Trading Day (November 23, 2023) is the final deadline.

The most recent dividend from Merlin Properties, 0.24202213 euros, paid on May 22, 2023, had a yield of 3.17%.

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 22% of its net income in the last fiscal period as dividends.
Merlin Properties's earnings (479,747,008.00€) are sufficient to cover the dividend payment. This payment represents 22% of the total net profit of MRL .
Dividend payout ratio
Payout Ratio

Dividend calendar of Merlin Properties

These are the most important events of the Merlin Properties calendar in 2024:

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
Data confirmed by the company Merlin Properties (MRL ).
Confirmed
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
Dividend yield
Dividend yield of Merlin Properties vs. the sector
Merlin Properties's dividend yield (3.96%) is above the sector average (3.67%).
Comparison with industry average
Merlin Properties's dividend yield is between the top 25% (4.98%) and top 75% (0.17%) of the sector.
Evaluation with respect to competence.
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 history of Merlin Properties

In this table you can see the complete history:

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 €
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 6.14B €
Number of Employees 247
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 Semestral 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 .

The CEO of Merlin Properties in 2024 is Mr. Ismael Clemente Orrego.

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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