Lent Monday in Piazza Affari is the day when the most dividends are paid: whoever brings the most returns pays

For investors in the Italian stock market, Monday the 20th will be the day of the big harvest of the year. In fact, at that date, the dividend payment for the 2023 financial statements and profits of 21 of the 40 stocks on the main list and about ten of the so-called “mid-cap” stocks had been paid. Capitalization companies are expected to increase. It is not easy to calculate the money that will flow into the current accounts of investment funds, companies and individuals holding securities subject to dividends, but we can talk about several billion euros in total. An amount that alone would cause the index to fall by 1.4% will automatically be deducted from the value of the dividend when the securities begin trading at 9 a.m.

Securities on which coupons will be paid

Among the many stocks that will pay dividends, the insurance companies Generali, Eni, Intesa Sanpaolo, Mediobanca, Italgas, A2a, Brunello Cucinelli, Erg, Finecobank and, above all, Monte dei Paschi di Siena stand out. The company returned to paying dividends after 13 years, first after the collapse following the acquisition of Banca Antonveneta and then being rescued by the state in 2017. Meanwhile, various criminal and civil lawsuits were filed to seek compensation for damages caused by the collapse. stocks on the stock exchange. The last one, in the Milan labor court, resulted in the bank’s victory against a series of professional investors.

Among the major stocks, it is Banca Popolare di Sondrio that will return the most in terms of the ratio between the current stock market price and the amount of dividends paid. Annual coupon yield is 6.84%. It is followed by Italgas with 6.5 percent and Bper Banca with 5.8 percent. This is followed by MPS which will yield 4.85% and others including Intesa Sanpaolo at 4% (but this is just the overall dividend balance). The least rich ones are the dividends of Amplifon, Cucinelli, Diasorin, Interpump and Recordati, which are around 1 percent.

Source: Today IT