The Ibex 35 yields more in dividends than the 10-year Spanish bond
The Ibex 35 is supported by banking and energy to trade with a dividend yield higher than the return offered by the 10-year Spanish bond after its recent escalation.
The Spanish stock market, as measured by the Ibex 35, offers a dividend yield of 4.45%, surpassing the 4% interest rate of the 10-year Spanish bond. Analysts expect this yield to increase to 4.95% within 12 months. The dividend payouts of banks and energy companies, such as Banco Sabadell, CaixaBank, and Santander, are driving this stability, with an estimated dividend yield of 5.22% for Spanish banks and 7.5% for energy companies. Meanwhile, the 10-year Spanish bond has reached 4%, its highest level since late 2013.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
