Dividends June 21, yields and coupons: the last key day

Here comes another field day, the last one, in the 2021 dividend season which will close on 21 July with the detachment of the coupon by Enel (a balance of €0,183, equal to a yield of 2,28%). After the rain of coupons view last 24 May, the day in which the shareholders received a total of 5 billion euros, on 21 June the distribution of their dividend will be 7 giants of the Ftse Mib, 4 companies listed on the Mid Cap and one on the All Share. 

The list is varied and varied. Taking into account only the blue chips, they range from Exor to Poste Italiane, via Pirelli, Snam, Terna, Stm and Telecom Italia. Acea, Iren, Gvs and Carel Industries (all listed on the Mid Cap) will instead detach the coupon from the main list, while Unieuro will represent the All Share, which will guarantee its shareholders the highest yield of this round, equal to 8,8% (calculation updated to 17 June). 

In all cases, the detachment date will be Monday 21 June, with payment scheduled for June 23rd.

DIVIDENDS JUNE 21: COUPONS AND YIELDS OF THE FTSE MIB 

Some 21 pieces from the main list will take to the field on June 90st. Let's start from Telecom Italy which on Monday will distribute the dividend not only on ordinary shares (0,01 euro with a yield of 2,25%), but also on savings. In the latter case, shareholders will be guaranteed a coupon of 0,0275 with a yield of 5,6%. Also pay attention to Snam, which will disburse the balance of 0,1497 euros, after the advance distributed in January. The company led by Marco Alverà will ensure shareholders a total return (down payment + balance) of nearly 5%. 

The Agnelli family continues to be the protagonist of the 2021 dividend season with Exor, which on June 21 will detach a coupon of 43 cents per share, while Pirelli will distribute 0,08 euro per share, a figure which is equivalent to a total dividend of 80 million euro. 

The balance of the dividend is also on the way Poste Italiane (0,324) after the interim payment of 0,162 euros distributed in November 2020. In total, the giant led by Matteo del Fante therefore disburses a dividend of 0,486 euros per share, up 5% compared to the amount distributed last year (0,463 euro) and in line with the commitments of the Delivery 2022 plan. 

On the same day, the microchip sector, at the center of international attention in recent months, will be the protagonist with stmicroelectronics which will pay the first of 4 installments scheduled for this year, all of $0,06 per share. The other take-offs are scheduled for 20 September 2021, 13 December 2021, 21 March 2022. 

To close the charge of the blue chips there will be Terna. Also in this case, the balance is equal to €0,1786 per share (yield of 2,74%), on a total coupon of €0,2695, up by 8% compared to 2019 and in line with the policy presented to the market.

DIVIDENDS JUNE 21: OTHER COMPANIES

While awaiting the Enel balance, we find Terna company in the utility sector Acea and Iren, both listed on the Mid Cap, which on 21 June will detach a coupon of 80 cents and 0,095 euro per share, respectively. In the same segment we note the dividends of Carel Industries (12 cents) and Gvs (13 cents). In terms of returns, it will be the lion's share of this crowded June 21st Unieuro which, on the strength of the growth recorded in the financial statements for the year ended 28 February 2021, archived with revenues up by 9,8% and an adjusted net result up by 58,8%, has established the distribution of a unit dividend of 2,60 XNUMX euros gross for each of the outstanding ordinary shares on the ex-coupon date, in addition to the obligatory allocation to the legal reserve and to the “available and distributable” extraordinary reserve for an amount that will be defined in relation to the exact definitive number of outstanding ordinary shares on the ex-coupon date”. 

IMPORTANT NEWS ON BANKS

Meanwhile, some positive news has arrived for the banks. After the stop imposed due to the pandemic emergency and the stakes established on the distributions underway in recent months, the date to be marked in red on the calendar is Friday 23 July, the day on which the European Central Bank will decide whether lift restrictions on coupons and buybacks in force until the end of September. This was announced by Andrea Enria, president of the ECB's Banking Supervisory Board, during a virtual AFME-Omfif conversation on financial integration. The ECB has already hinted that the restrictions will be lifted if the economic outlook does not worsen.

Below is a table summarizing them all the coupons and yields of June 21st.