Dividend Outlook for Ibex 35: 2023 Results Point to Strong Payouts in 2024

Small savers are getting some good news. The Ibex 35 companies began the year by presenting their 2023 results, and several have already signaled a substantial lift in shareholder rewards. Santander stands out with a notable boost to its dividend, promising a 59% increase in the second tranche charged to the previous year. Repsol has hinted at up to 10 billion euros in dividend payments, and Iberdrola plans a 10.8% rise in its remuneration to shareholders. The ongoing economic recovery and improving profitability suggest that 2024 could beat the record level reached in 2019, when the large listed firms disbursed 31.705 billion euros in dividends, according to analysts consulted in the market.