The day has come highlight, which alone is worth 13 billion euros. On Monday 21 May 65 companies of the Mercato Telematico Azionario (MTA) will detach their coupon, with payment scheduled for 23 May. There 2018 dividend season will break into Piazza Affari in a disruptive manner, also and above all involving that Ftse Mib which is currently grappling with the difficulties deriving from the political uncertainty on the formation of the new government.
After April 23, when companies of the caliber of Ferrari, CNH and Finecobank disconnected coupons for 2 billion euro, we are facing the second tranche of dividends, the most massive and profitable one. The other two dates to be marked in red on the calendar will then be May 28, with another 17 groups ready to distribute, and June 18, the day when the coupons of other blue chips such as Poste Italiane and Stmicroelectronics will arrive. In total, when the four tranches of dividend distributions are completed, based on the figures of Websim.it provided to Corriere della Sera, 17 billion euros will be disbursed to investors.
DIVIDENDS 2018: COMPANIES WHICH SHIP OFF MAY 21st
As mentioned, a total of 65 companies will detach the coupon on Monday 21 May, distributed between large, mid and small-caps: 19 of them - which become 21 with the savings shares of Intesa Sanpaolo and Buzzi Unicem - belong to the Ftse Mib . The other 44 (including the savings of Salini Impregilo) are divided between MTA and Aim Italia.
We are therefore faced with one veritable shower of dividends which will flood the investors of Piazza Affari who will finally be able to go to the cashier, reaping the fruits of a 2017 which, for the Milan Stock Exchange, it's been a year to remember.
DIVIDENDS 2018: THE CHARGE OF THE BLUE CHIPS
Impossible not to start from the Bigs, that is to say from the companies listed on the main list that will disburse a large part of those 13 billion ready to enter the pockets of small and large investors.
In this context, the lion's share is played by Azimut with a maxi coupon of two euros, of which 50% will be paid cash and the remaining 50% in treasury shares held by the bank (one share for every 18 held). A figure which in percentage terms is equivalent to a payout of more than 100% with a yield, compared to the closing price of May 17, equal to 11,69%.
What to say then about Intesa Sanpaolo whose coupon alone is worth 3,42 billion euros, ie one third of the total amount of dividends to be distributed on 21 May, for a payout ratio equal to 80% of profits. The bank headed by Carlo Messina is among the most "generous" of the entire list with an ordinary coupon of €0,203 per share and a savings dividend of €0,214. The yield in this case exceeds 6,5%.
On the podium of the FtseMib he also rises by right Unipolsai with a dividend of €0,145 but above all a yield of 6,82%. “Wooden Medal” for Eni which on Monday will detach a coupon of 40 cents per share which, added to the advance of the same amount disbursed in September 2017, is equivalent to a total of 80 cents per share with a yield of approximately 5%.
In the top 10 of the most profitable titles we find then General, with a dividend of 85 cents per share and a yield, calculated as of May 17, of 5,24%. They follow General Bank, whose coupon amounts to 1,25 euro for a yield of 4,96% e Unipol with a dividend of 18 cents and a yield of 4,18%. They close the ranking Italgas (0,208 euro and 4,18% yield) e A2a (€0,0578 and a yield of 3,66%).
2018 DIVIDENDS: ALL THE FTSE MIB COUPONS
Below is the list, strictly in alphabetical order, of the other companies in the main list that will detach the coupon on May 21st – payment on May 23rd – with amount per share and yield. The yield is calculated based on the May 17th closing price.
- Atlantia: balance of 65 cents (total 1,22 euro), yield of 4,43%,
- B for Bank: 11 cents per share, 2,2% yield,
- Brembo: 22 cents per share, 1,84% yield,
- Buzzi Unicem: €0,12 per share, yield of 0,54%,
- Buzzi Unicem Savings: 0,204 euros, yield of 1,65%,
- Campari: 0,05 euro, 0,79% yield,
- Leonardo: 14 cents, 1,51% yield,
- Moncler: 28 cents per share, 0,72% yield,
- Salvatore Ferragamo: 38 cents per share, 1,50% yield,
- Tenaris: balance of 0,2373 out of a total of 0,3475 euros, 2,02% total return,
- Where's Banca: 11 cents per share, 2,66% yield.
DIVIDENDS 2018: THE RICHEST COUPONS OF MID AND SMALL CAP
The Milan Stock Exchange is not just the Ftse Mib and there will also be dozens of companies distributed between small and mid caps to detach the coupon on May 21st.
Speaking of mid-cap companies, the guaranteed returns stand out Goddess Capital e Sarasrespectively equal to 7,7% and 6,2%. As regards the amounts, both companies will pay 12 cents per share.
High yield also for ERG (6,09% for €1,15 per share), Via Panini (4,65% for €0,06 per share) e Carraro (4,68% for 17 cents). Finally, among the companies with the highest returns are:
- Rai Way: 4,54% yield for 0,2026 euros,
- ENAV: 4,26% yield for 0,1864 euros,
- EI Towers: 4,23% yield for 2,05 euros,
- Cattolica Insurance: 4,20% yield per 35 cents per share.
