Dividends 2019, on June 24 it's the turn of 90 pieces: Exor, Post Office and utilities

La dividend season continue to another very busy day. On June 24 to distribute the dividend will be 15 listed companies, including seven bigwigs of the FTSE Mib: Exor, Hera, Poste Italiane, Prysmian, Telecom Italia – but for savings – Snam and Terna. The last two pay the balance.

Monday can be considered the last real session dedicated to the coupon detachment. Once concluded, only the appeal will be missing from the main price list Enel, which will officially close the period preferred by investors on Monday, July 22, when it will pay the balance of its dividend, equal to 14 cents per share (there are 28 in total, the interim was distributed in January).

In total, companies listed on Borsa Italiana distribute this year 26 billion euros, 3 more than the previous year despite the difficulties experienced in 2018 by all the main Italian (and international) lists.

ALSO READ: Dividends 2019, here are all the coupons of the Ftse Mib

It should be emphasized that all the companies that detach their coupon on June 24, they will pay the dividend two days later: Wednesday 26 June.

2019 DIVIDENDS: THE BEST RETURNS OF 24 JUNE

The hunt for the best returns, i.e. the highest possible ratio between dividend and share price, is one of the favorite activities of Piazza Affari investors. On June 24th, it was not the Ftse Mib companies that excelled in terms of yield (calculated as of June 20th), but the "small" Unieurowhich, at 1,07 euro per share, guarantees shareholders a return of 7,42%, among the highest on the internal Milan Stock Exchange. In total, the company listed on the Star distributes 21,4 million euros, 7% more than in the previous two years for a payout of 50,1% of adjusted net profit.

Among the blue chips the lion's share goes to Telecom Italy which ensures a yield of 5,81% on its savings shares (it does not distribute ordinary shares). Also pay attention to Snam, because if it is true that the ex-dividend balance on Monday is subject to a yield of 2,83%, adding up the down payment as well, we arrive at 4,72%, a tenth more than Poste Italiane, whose yield amounts to 4,63%. In this case, however, the State is also rejoicing: the 44,1 cents per share guaranteed by the company led by Matteo Del Fante, for Cassa Depositi e Presti and for the Treasury - which respectively own 35% and 29,26% of capital – they are worth a check for 370 million.

Good news also for the Municipality of Rome, always looking for income to make ends meet a traditionally shaky budget. From That, flagship among the unfortunate Capitoline investees, 77 million euros will arrive in the coffers of the Campidoglio. The former municipal company distributes 71 cents per share for a yield of 3,99%.

Among the most profitable stocks it should also be mentioned Terna, which on 24 June disburses the balance of 0,1545 against a total return of 0,2332 euro. Total Yield: 3,9%.

DIVIDENDS 2019: THE HIGHEST AMOUNTS

Taking into consideration only the individual amounts in absolute value, the first step of the podium is still for Unieuro (1.07 euros), followed by That (71 cents), Post (44 cents) Prysmian (43 cents) ed Exor (43 cents). Numbers far from the record marked by Azimuth on May 20th, but which nonetheless guarantee moderate returns to shareholders. It should be underlined that this year the Agnelli holding increased the total amount of coupons by 23%, going from 82 to 100 million euros. 53 will go to the Turin family. In this context, it should be noted that Exor, through its subsidiary FCA, has been very generous with investors: between ordinary and extraordinary dividends, Fiat Chrysler has disbursed over 3 billion euros this year.

Below is a table summarizing the amounts and returns – calculated as at 20 June – established by all companies that detach the coupon on Monday 24 June.