From Redeia to Airbus: SEPI will gather virtually 200 million in dividends from its listed firms this 12 months | EUROtoday

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Like all February, in current weeks there have been shows of financial outcomes by giant firms and, with them, the bulletins of the long-awaited dividends to be distributed. Among the big buyers who will obtain their share is the State Society for Industrial Participations (SEPI), It will increase virtually 200 million euros from its listed firms all year long in full growth of its weight within the economic system.

Redeia, the previous Red Elctrica, is the principle contributor to the holding public, since, after saying yesterday that it could distribute one euro of dividend. This will translate into 108 million euros, of which the corporate has already obtained virtually 30 million in an advance cost disbursed by the corporate chaired by Beatriz Corredor on January fifth.

After the supervisor of {the electrical} networks, the 4.2% that the entity maintains in Airbus is the second share package deal that can inject a bigger quantity, greater than 32 million eurossince one other dividend of 1 extra euro shall be added this 12 months to the 1.8 euros per share that the plane producer has been distributing.

The six listed firms during which SEPI is current as a shareholder often distribute dividends. The newest to undertake this development is Indra, which confirmed yesterday that it’s going to preserve its 0.25 euros dividend for the second consecutive 12 months after returning to the dividend three years in the past. This will translate into about 12 million euros for the 27% that makes him the utmost shareholder of the corporate.

Two firms rather more accustomed to dividends are Enags y Ebro Foods. In the case of Enags, the reduce to the dividend will scale back the gathering of the SEPI, which is able to nonetheless obtain different 13 million euros for its 5%.

For its half, Ebro Foods is among the most aggressive firms in shareholder remuneration and the 0.66 euros per share dedicated for 2024 will translate into 10 million euros for SEPIwhich has 10% of the capital of the meals firm.

The final unknown is IAG, the aviation group during which SEPI maintains 2.52% and which has not but introduced outcomes. Last 12 months it distributed 0.145 euros per share, which might imply 18 million euros for the corporate chaired by Belén Gualda and would make the airline group the third largest web contributor on the listing.


One use that these virtually 200 million euros may have could be to make use of them to cowl a part of the acquisition of Telefnica.

The quantity could be sufficient to purchase a package deal of shares of round 1% of the corporate, that’s, one tenth of the participation that the State aspires to construct by means of the SEPI… or the longer term Spanish Society for Transformation Technology (SETT).

This entity, which mobilize 20 billion euros of funding of European funds, will represent the following Council of Ministers and could have as one in all its foremost capabilities grouping the State's participation within the telecommunications sector and digital infrastructures and companies.

For this cause, the minister for Digital Transformation and Public Service, Jose Luis Escrivdeclared final Monday that “it would make sense” for this new holding whoever had the stake in Telefónica, though he assured that the problem must be studied in depth. “This is something we will see over time.”


The presence of the general public sector within the capital of listed firms shouldn’t be an anomaly of the SEPI, however extends to different public entities. Thus, the participation of Orderly Bank Restructuring Fund (FROB) in CaixaBank will imply earnings for the State of 506 million euros for its 17.3%.

Above this quantity is the opposite main generator of recurring earnings for the Administration: Aena. With 51% of the airport supervisor managed by Enairethe rise within the firm's dividend after breaking file income will translate at virtually 575 million euros for the entity depending on the Ministry of Transportation.