Upcoming Metrovacesa dividend
Change(%)
+9.09%
Increase
Next payment 0.36€
Next payment date May 23, 2024
Last payment 0.33€
Last payment date Dec 21, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 5/21/24
Confirmed

May 23, 2024 is the date chosen by Metrovacesa to grant a dividend of 0,36 euros per share, accompanied by a yield of 4.20%.

Goal: dividends from Metrovacesa (MVC)? Then, May 20, 2024 is your deadline to buy, and the Record Date, May 22, 2024, is when you must be registered.

Metrovacesa made a dividend payment of 0.33 euros on December 21, 2023.

Metrovacesa enters the stock market in 2018, participating in Spain, Germany, England and the United States, the dividend yield is around 5%.

It is a stable company, with a policy of paying dividends to its shareholders every six months, so dividends are paid in two parts, one in May and the other in December.

Since its IPO, Metrovacesa has been moderately increasing the value of the amount paid to investors, although there was a substantial decrease in the May 2023 amount compared to the amount granted in December 2022.

Payout Ratio Metrovacesa Dividends

Metrovacesa paid 60% of its net income in the last fiscal period as dividends.
Metrovacesa's earnings (580,622,976.00€) are sufficient to cover the dividend payment. This payment represents 60% of the total net profit of MVC.
Dividend payout ratio
Payout Ratio

Dividend calendar of Metrovacesa

These are the most important events of the Metrovacesa calendar in 2024:

Event Day
Last trading date May 20, 2024
Ex-Dividend (Ex-Date) May 21, 2024
Record date May 22, 2024
Date of payment May 23, 2024
Data confirmed by the company Metrovacesa (MVC).
Confirmed
Source
Historical annual dividend yields of Metrovacesa
Over the past 5 years, Metrovacesa has not consistently distributed dividends.
Increasing Dividends
Dividend yield
Dividend yield of Metrovacesa vs. the sector
Metrovacesa's dividend yield (7.94%) is below the sector average (16.83%).
Comparison with industry average
Metrovacesa's dividend yield is below the top 75% (16.83%) of the sector.
Evaluation with respect to competence.
Dividend yield history in Metrovacesa
Over the past 5 years, Metrovacesa has not consistently distributed dividends.
Dividend stability

Dividend history of Metrovacesa

In this table you can see the complete history:

YearEx-DividendAmountTotal
2023
12/19/2023
05/17/2023
0.33 €
0.33 €
0.66 €
2022
12/02/2022
05/18/2022
1.05 €
0.6 €
1.65 €
2021
12/14/2021
05/18/2021
0.3955 €
0.4 €
0.7955 €
2019
05/16/2019
0.33 €
0.33 €
Metrovacesa dividend capture strategy
Step 1: Buy Metrovacesa shares (MVC) one day before ex-dividend date
Date of purchase May 20, 2024
Next ex-dividend date May 21, 2024
Step 2: Sell Metrovacesa shares (MVC) when the price recovers.
Date of sale (estimated) Sep 19, 2024
Average price recovery 121 days
Average return on cost 6.71%
The dividend capture strategy is based on historical Metrovacesa data. Past performance is no guarantee of future results.

Information about Metrovacesa

Full name Metrovacesa S.A.
Ticker MVC
Sector Real Estate
Industry Residential Construction
Market Capitalization 1.30B €
Number of Employees 223
Description of the company

Metrovacesa is a real estate company in charge of land management in Spain, designing, constructing and selling land, homes and buildings in high demand locations.

It was founded in 1918 with the purpose of developing the "Cuatro Caminos" neighborhood in Madrid, but was consolidated in 1934 under the name of "Compañía Inmobiliaria Metropolitana", which was able to take on large projects in Spain, such as the "Titanic" building and other residential complexes located mainly on "Reina Victoria" Avenue.

In the 40's, two other important companies were established in the real estate sector, Vacesa (Vasco-Central) and Bami, S.A., which were in charge of buying properties to redesign and rent or sell homes. However, it was not until 1989 that the company "Microvacesa" was created when the "Compañía Inmobiliaria Metropolitana" and "Vasco-Central" merged.

Its headquarters are located in Madrid, in Las Tablas (Madrid) in the Metrovacesa Park, but its operations also extend to Barcelona, Malaga and Valencia, specializing in the execution and promotion of residential projects.

Its main shareholders are Grupo Santander, Banco Sabadell, BBVA and Banco Popular.

In 2000 Metrovacesa grew exponentially, buying "Bami, s.a." and becoming the most important real estate group in its country. In addition, it expanded into international territory, starting with France, and expanded its portfolio of projects by adding new uses such as hotels, offices and shopping centers.

Frequently asked questions about Metrovacesa dividends

Metrovacesa is listed on the and is part of the Mercado Continuo.

Metrovacesa has the Ticker or stock code MVC.

The CEO of Metrovacesa in 2024 is Mr. Jorge Perez de Leza Eguiguren.

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