Share performance and shareholders
Dividend yield 3%
|(*) Including the warrants in the April 2015 rights issue significantly improves share performance.|
|(**) Includes Caixabank, Banco Popular and Bankia.|
SAB share performance
- Banco Sabadell (*)
- Comparable Spanish banks (**)
- IBEX 35
- DJ STOXX 600
In the second half of year, equity market performance in general was shaped by uncertainties regarding a slowdown of the global economy and also by political instability. The closing share price at the end of 2015 was clearly influenced by these negative factors.
During 2015, individual investors increased their share of Banco Sabadell’s capital, from 52.0% at 2014 year-end to 54.7% at the end of 2015.
At the end of the year, close to 70% of the analysts who cover Banco Sabadell share had an overweight or marketweight recommendation on the stock.
|In milion||€Mn||In euro||€Mn||€|
|(*) Includes the dilution effect of 287.13 million additional shares resulting from issues of convertible bonds.|
|(**) Includes the dilution effect of 265.27 million additional shares resulting from issues of convertible bonds.|
|(***) Includes the dilution effect of 33.01 million additional shares resulting from issues of convertible bonds.|
Profit and book value per share 2013–2015
The General Meeting of Shareholders is also being asked to approve the payment of a dividend out of 2015 earnings in the amount of €0.07 per share, with a similar breakdown to the 2014 dividend: a scrip dividend charged to reserves in order to arrange a flexible payment to shareholders for an amounted estimated at around €0.05 per share, offering the shareholders the opportunity to receive that amount in cash and/or in new shares, and a supplementary dividend of €0.02 per share in the form of a distribution of treasury shares.