Upcoming Neinor Homes dividend
Change(%)
+12.53%
Increase
Next payment 0.53€
Next payment date Feb 19, 2024
Last payment 0.471€
Last payment date Oct 18, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 2/15/24
Confirmed

Neinor Homes is scheduled to distribute dividends on February 19, 2024, offering 0,53 euros per share, representing an attractive yield for investors.

The Ex-dividend Date (February 15, 2024) establishes your eligibility for dividends; the Last Trading Day (February 14, 2024) is the final deadline.

Neinor Homes paid a dividend of 0.471 euros on October 18, 2023, with a dividend yield of 4.37%.

Neinor does not have a sufficiently long dividend history to be able to establish a dividend policy. Likewise, the company has not specified a strategic plan for the distribution of dividends in the coming years.

However, the company has experienced strong growth in recent years. In 2021, the company achieved a net profit of more than EUR 100 million, representing an increase of close to 40% compared to the previous year. In addition, total revenues increased by a further 60%. In the first quarter of 2022, the company's net profit reached 35 million, three times more than in the same period of the previous year.

With this information and knowing that last year's yield was over 10%, we can expect the company to maintain an aggressive dividend policy for 2023 and 2024.

Payout Ratio Neinor Homes Dividends

Neinor Homes paid 3% of its net income in the last fiscal period as dividends.
Neinor Homes's earnings (590,630,016.00€) are sufficient to cover the dividend payment. This payment represents 3% of the total net profit of HOME.
Dividend payout ratio
Payout Ratio

Dividend calendar of Neinor Homes

These are the most important events of the Neinor Homes calendar in 2024:

Event Day
Last trading date February 14, 2024
Ex-Dividend (Ex-Date) February 15, 2024
Record date February 16, 2024
Date of payment February 19, 2024
Data confirmed by the company Neinor Homes (HOME).
Confirmed
Source
Historical annual dividend yields of Neinor Homes
Over the past 5 years, Neinor Homes has not consistently distributed dividends.
Increasing Dividends
Dividend yield
Dividend yield of Neinor Homes vs. the sector
Neinor Homes's dividend yield (9.72%) is above the sector average (4.35%).
Comparison with industry average
Neinor Homes's dividend yield is among the top 25% (4.35%) of the sector.
Evaluation with respect to competence.
Dividend yield history in Neinor Homes
Over the past 5 years, Neinor Homes has not consistently distributed dividends.
Dividend stability

Dividend history of Neinor Homes

In this table you can see the complete history:

YearEx-DividendAmountTotal
2023
10/16/2023
0.471 €
0.471 €
2022
07/19/2022
05/25/2022
0.6251 €
0.646861 €
1.271961 €
2021
02/26/2021
0.5 €
0.5 €
Neinor Homes dividend capture strategy
Step 1: Buy Neinor Homes shares (HOME) one day before ex-dividend date
Date of purchase Feb 14, 2024
Next ex-dividend date Feb 15, 2024
Step 2: Sell Neinor Homes shares (HOME) 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 Neinor Homes data. Past performance is no guarantee of future results.

Information about Neinor Homes

Full name Neinor Homes, S.A.
Ticker HOME
Sector Real Estate
Industry Residential Construction
Market Capitalization 774.75 €
Number of Employees 303
Description of the company

Neinor Homes is a Spanish real estate company that specializes in the construction and sale of homes. They formally started their activity in May 2015, since then they have grown rapidly and have established themselves as one of the leaders in the residential construction market in Spain.

They stand out for their focus on building affordable, high-quality housing. The company has a wide range of products, from small apartments to single-family homes, and offers customized solutions to meet the needs of its customers.

On March 29, 2017 and valued at around 1.3 billion, Neinor Homes was listed for the first time on the Madrid Stock Exchange, allowing it to raise additional resources to finance its growth and expand its presence in the Spanish market. Since then, the company has continued to develop projects throughout the country and has demonstrated solid profitability for its shareholders.

In December 2022, it ceased to be part of the Ibex MEDIUM Cap and became part of the Ibex SMALL Cap.

Build to Rent

Neinor Homes is a pioneer in the rental housing construction sector. They currently have more than 130 signed contracts and an occupancy rate of close to 95% in this type of properties.

The company aims to have 5,000 homes built and rented by 2025. This is because they consider the advantages offered by new homes compared to older homes that may not have services and/or common areas and which, according to the company, do not meet the needs of current demand.

Neinor currently has more than 500 homes for rent and another 3,000 under construction or for sale.

Frequently asked questions about Neinor Homes dividends

Neinor Homes is listed on the Madrid Stock Exchange and is part of the Ibex Medium.

Neinor Homes has the Ticker or stock code HOME.

The CEO of Neinor Homes in 2024 is Mr. Francisco de Borja Garcia-Egotxeaga Vergara.

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