Dividends paid by listed companies 'pay relatively well', will rise again – Executive Summary

The arrival of “earnings season” attracts attention that, according to experts, can be expected due to increased dividend payments.

According to experts contacted by Negócios, the dividends paid by PSI companies “reward shareholders relatively well”, but they are expected to rise again due to good corporate results.

This increase in dividends may be justified by inflation, which has led to an increase in the volume of revenues and net results of listed companies.

The profits of the 16 companies listed on Brasa de Lisbon were supposed to grow by 11.63% to reach about 5.5 billion euros in 2023, compared to the same period of the previous year.

The results announcement season begins next Monday, February 12, with the door opening for Galp, which analysts indicate will announce an increase in its profits by 20%, which represents the largest share among the listed companies.

Next up until the end of the month are Navigator (20), Corticeira Amorim (22), BCP (26), Semapa (27), EDP Renováveis ​​(28) and EDP (29).

The remaining companies listed on PSI report their results for the fourth quarter of 2023 throughout March.

“Given the annual general meeting calendar, the dividend season will primarily take place during May and June, preceded in many cases by the release of fourth-quarter results,” Maxyield explains to the executive summary.

Discover the financial calendar of companies listed on the Lisbon Stock Exchange: