Stock picking

Piazza Affari, 4 dividend stocks with a yield of up to 49%

4 dividend stocks with a yield of up to 49% on Piazza Affari: the Italian stock market shines with opportunities.
After the extraordinary performances of 2023, the securities listed on Borsaitaliana continue to arouse interest due to their ability to generate stable and regular income.
These companies provide for the distribution of part of the annual profits to their shareholders through coupons, which can be paid on an annual, quarterly or semi-annual basis.
You no longer need to look beyond national borders to earn dividend profits; the key lies in carefully selecting stocks that promise a balance between significant returns and long-term stability.
Let's discover together the 4 dividend stocks that stand out in the current market, offering investors a competitive advantage and a reliable source of income.
1) Autostrade Meridionali What makes Autostrade Meridionali such an attractive stock for investors is its generous dividend.
The company stands out for the distribution of earnings per share of 7.19 euros, representing a return of 49.2% compared to the current stock market price.
This places it among the best high dividend stocks available on the Italian market.
Autostrade Meridionali not only offers an excellent investment opportunity thanks to its high dividend yield, but also demonstrates solid financial management and a long-term sustainable growth outlook.
Despite a significant drop in its stock price, the company has demonstrated resilience, recording positive profits in the first half of the year, with growth of 10% compared to the previous year, reaching 775 million euros, and forecasting for the year assets of 1.67 billion euros.
Although the results at the end of 2023 are not directly comparable with those of 2022, due to the change in management of the A3 Naples-Pompei-Salerno concession, the company has nevertheless taken measures to distribute part of its profits to shareholders.
2) Banca IFIS Banca Ifis approved the 2023 budget project at the beginning of March and set a profit target for 2024 of approximately 160 million euros.
Based on the 2023 financial results, the bank's management has proposed a dividend of 2.1 euros per share, with a coupon balance of 0.9 euros, set for Monday 20 May 2024, with payment from 22 May.
The institute closed the year with a net profit of 160.11 million euros, recording a significant increase of 13.5% compared to the previous year and exceeding by 16.8% the objective set in the industrial plan, set to 137 million euros.
The data highlight constant growth in the bank's core business: the net result of financial management rose to 652.21 million euros, while the intermediation margin improved by 3.5% reaching 704.62 million euros, driven by the growth in the interest margin, which reached 566.2 million euros.
The cost/income ratio stands at 57.6%, confirming the solidity of the bank's internal management.
At the end of 2023, loans to customers measured at amortized cost increased, reaching 10.62 billion euros, while the Common Equity Tier 1 remained solid at 14.87%, well exceeding the prudential requirements set at 9%.
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Banca Ifis is therefore confirmed not only as a reliable financial institution, but also as an attractive investment for shareholders looking for long-term stability and profitability.
3) Banco BPM Banco BPM confirms itself as one of the most solid banking companies on the Italian market, with a dividend yield that attracts the attention of investors.
The bank's management has proposed the distribution of a dividend for the 2023 financial year of 0.56 euros per share, for a total of 848.5 million euros.
This coupon, which will be detached on Monday 22 April 2024 with payment from 24 April, offers investors a dividend yield of 8.9% based on the price of Banco BPM on 2 April 2024, which stands at 6.30 euros.
Banco BPM's financial solidity is also evident in the 2023 data published at the end of February, which show a clear improvement compared to previous years.
The bank's net profit grew significantly to 1.26 billion euros, an increase of 84.6% compared to the previous year.
Net adjustments to loans to customers amounted to 558.59 million euros, while adjusted net profit reached 1.43 billion euros.
The bank's operational management showed growth of 29.2%, with operating income increasing by 14.3% and an interest margin which recorded a notable increase of 42.1%, reaching 3.29 billion euros .
Furthermore, the cost/income ratio dropped to 48%, confirming efficient management of resources.
Common Equity Tier 1, a key indicator of the bank's capital strength, saw a notable increase, standing at 14.2% in September 2023, compared to 12.8% at the beginning of the year.
These data reflect the financial strength of Banco BPM and confirm its ability to offer competitive returns to investors, making it an attractive choice in the Italian banking landscape.
4) Intesa Sanpaolo Intesa Sanpaolo is among the pillars of the Italian banking sector with undisputed financial solidity and a very attractive return for investors.
Data published at the end of February indicates net profit topped 7.7 billion euros in 2023, driven mainly by net interest.
The bank confirmed the financial estimates for 2024 and approved the balance of the 2024 dividend, relating to the 2023 financial year, set at 0.152 euros per share.
This dividend will be detached on Monday 20 May 2024 and paid from 22 May.
The overall dividend per share proposed for the 2023 financial year is 0.296 euros, of which 0.144 euros as the interim dividend paid in November 2023 and 0.152 euros as the proposed balance.
The overall dividend yield of Intesa Sanpaolo's 2024 dividend stands at 8.7%, based on the current stock price.
Intesa Sanpaolo closed 2023 with a net accounting profit of 7.72 billion euros, recording a notable increase of 76.4% compared to the previous year.
The operating result rose by 31.4%, reaching 13.81 billion euros, while the cost/income ratio in 2023 was 45.1%.
Net operating income amounted to 25.14 billion euros, up 17.2% compared to the previous year, mainly due to higher net interest income, which increased 54.2% to 14.65 billion euros .
At the end of 2023, the Common Equity Tier 1 ratio stood at 13.7%, compared to 13.5% at the beginning of the year, confirming the bank's capital solidity.
With the start of the buyback program scheduled for June 2024, the CET1 would be equal to 13.2%, further highlighting the financial robustness of Intesa Sanpaolo.
read also 7 stocks ready to rise up to 125% in a short time (according to BofA) DISCLAIMER The information and considerations contained in this article should not be used as the sole or main support on which to make investment decisions.
The reader maintains full freedom in his own investment choices and full responsibility in making them, since he alone knows his risk propensity and his time horizon.
The information contained in the article is provided for informational purposes only and its disclosure does not constitute and should not be considered an offer or solicitation to public savings.

Author: Hermes A.I.

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