Os Altos E Baixos Da Jerónimo Martins

Total Page:16

File Type:pdf, Size:1020Kb

Os Altos E Baixos Da Jerónimo Martins Periodicidade: Semanal Temática: Distribuição 2 Vida Económica Classe: Economia/Negócios Dimensão: 262 cm Âmbito: Nacional Imagem: S/Cor 07­09­2018 Tiragem: 26000 Página (s): 35 PAULO ROSA Economista senior Os altos e baixos da Jerónimo Martins A Jerónimo Martins a par período em análise cresceram da Sonae é a maior empresa de 4 1 impulsionadas por fortes retalho portuguesa e está cotada na posições competitivas mas aquém bolsa de Lisboa há 29 anos desde do esperado pelos analistas do 1989 apesar de ser uma empresa BPI devido às promoções para centenária das mais antigas do país aumentar a quota de mercado e criada em 1792 fazer face à concorrência segundo a Apenas três empresas que integram administração da Jerónimo Martins atualmente o principal índice A cadeia polaca Biedronka Joaninha acionista nacional o PSI20 criado em português marca da empresa em 1993 são mais antigas na bolsa de retalho portuguesa na Polónia o BCP e a Sonae que entraram adicionou dois pontos percentuais à em 1987 no pico da euforia e a quota de mercado na Polónia com Corticeira Amorim que entrou em vendas de 5 8 mil milhões de euros 1988 Todas procuravam novas no primeiro semestre mais 8 6 que formas de financiamento para lá da no ano anterior abriu 30 novas lojas via tradicional da banca ou do papel nove adições líquidas e remodelou comercial 87 localizações A Jerónimo Martins desvalorizou Em Portugal através das suas cerca de 25 nos últimos seis meses principais marcas Pingo Doce e desde a apresentação dos resultados Recheio as vendas continuam a de 2017 a 28 de fevereiro e que crescer mas o EBITDA Earnings ficaram aquém do esperado As Before Interest Taxes Depreciation contas do primeiro semestre de 2018 and Amortization que significa divulgadas a 25 de julho embora lucros antes de juros impostos ligeiramente abaixo das expectativas depreciação e amortização grosso que dos analistas – o BPI modo o cash flow operacional – 182 milhões de euros diminuiu no Pingo Doce Também uma subida dos lucros de 173 em Portugal a empresa tem milhões de euros no mesmo semestre trabalhado sob forte concorrência do ano passado para 180 milhões praticamente em ambiente de de euros Apesar de o mercado ter duopólio no retalho alimentar reagido negativamente nas primeiras Na Colômbia o negócio continua horas de negociação a Jerónimo a expandir se fortemente refletido no Martins tem vindo a desenhar um significativo CAPEX investimento comportamento otimista em bolsa e apesar de ter ainda um contributo começa a recuperar das fortes perdas negativo para os lucros da Jerónimo transmitindo alguma esperança aos Martins A empresa abriu 50 lojas investidores Em agosto a empresa nos primeiros seis meses de 2018 teve um desempenho melhor que com o objetivo de chegar ao final o PSI20 com um ganho de 1 4 do ano com mais 150 lojas sob enquanto o principal índice da bolsa as marcas combinadas da Ara e da de Lisboa perdeu 3 5 Hebe O centro de distribuição em O título que valia 18 euros no Bogotá previsto para este ano está início do ano estava abaixo dos 12 em fase de conclusão devendo euros em julho De momento a operações no terceiro trimestre cotação ronda os 12 7 euros mas De acordo com a administração segue as perdas do PSI 20 que do grupo Jerónimo Martins o cai há sete sessões consecutivas investimento nos novos negócios e Os resultados na Polónia que nos já estabelecidos é essencial para contribuem com uma parte garantir crescimento futuro e significativa têm melhorado e o LfL sólidos O mercado aguarda com Like for Like as denominadas expectativa os resultados do terceiro vendas comparáveis ou seja as trimestre que serão divulgados a vendas em lojas que operaram 30 de outubro para confirmar a sob as mesmas condições no recuperação da cotação ou não.
Recommended publications
  • Euro Stoxx® Total Market Index
    EURO STOXX® TOTAL MARKET INDEX Components1 Company Supersector Country Weight (%) ASML HLDG Technology Netherlands 3.45 LVMH MOET HENNESSY Consumer Products & Services France 2.76 LINDE Chemicals Germany 2.40 SAP Technology Germany 2.38 TOTAL Energy France 1.99 SANOFI Health Care France 1.88 SIEMENS Industrial Goods & Services Germany 1.84 ALLIANZ Insurance Germany 1.74 L'OREAL Consumer Products & Services France 1.55 IBERDROLA Utilities Spain 1.38 SCHNEIDER ELECTRIC Industrial Goods & Services France 1.35 AIR LIQUIDE Chemicals France 1.33 ENEL Utilities Italy 1.32 BASF Chemicals Germany 1.23 ADYEN Industrial Goods & Services Netherlands 1.13 ADIDAS Consumer Products & Services Germany 1.13 AIRBUS Industrial Goods & Services France 1.08 BNP PARIBAS Banks France 1.05 DAIMLER Automobiles & Parts Germany 1.03 ANHEUSER-BUSCH INBEV Food, Beverage & Tobacco Belgium 1.02 DEUTSCHE TELEKOM Telecommunications Germany 1.02 BAYER Health Care Germany 1.00 VINCI Construction & Materials France 0.98 BCO SANTANDER Banks Spain 0.93 Kering Retail France 0.87 AXA Insurance France 0.86 PHILIPS Health Care Netherlands 0.85 SAFRAN Industrial Goods & Services France 0.85 DEUTSCHE POST Industrial Goods & Services Germany 0.84 INFINEON TECHNOLOGIES Technology Germany 0.84 Prosus Technology Netherlands 0.83 ESSILORLUXOTTICA Health Care France 0.80 DANONE Food, Beverage & Tobacco France 0.73 INTESA SANPAOLO Banks Italy 0.73 MUENCHENER RUECK Insurance Germany 0.72 PERNOD RICARD Food, Beverage & Tobacco France 0.66 ING GRP Banks Netherlands 0.64 HERMES INTERNATIONAL
    [Show full text]
  • Global X MSCI Portugal ETF ETF Category: International Access – Single-Country PGAL As of 8/31/2021
    Global X MSCI Portugal ETF ETF Category: International Access ± Single-Country PGAL As of 8/31/2021 KEY FEATURES FUND DETAILS Inception Date 11/12/2013(1) MSCI All Portugal Plus 25/50 Efficient Access Underlying Index Index Efficient access to a broad basket of Portuguese securities. Number of Holdings 23 Assets Under Management $15.44 mil Total Expense Ratio 0.58% Distribution Frequency Semi-Annually Targeted Exposure The Fund targets exposure to a single country. TRADING DETAILS Ticker PGAL CUSIP 37950E192 Exchange NYSE Arca Bloomberg IOPV Ticker PGALIV Index Ticker M1CXGXE PERFORMANCE (%) TOP 10 HOLDINGS (%) Holdings Subject to Change Since 1M YTD 1Y 3Y 5Y Inception Edp 21.69% Nos Sgps 4.58% NAV 6.02% 6.32% 21.70% 1.28% 6.90% -0.01% Edp Renovaveis Sa 21.33% Sonae 4.57% Market Price 5.84% 6.53% 21.28% 1.60% 6.83% -0.04% Banco Com Port-r 4.64% Ctt-correios De Portugal 4.55% Hybrid Index(2) 6.10% 6.18% 21.70% 1.25% 6.86% 0.07% Galp Energia Sgps Sa 4.62% Ren-rede Energet 4.49% Navigator Co Sa/the 4.62% Corticeira Amorim Sa 4.41% The performance data quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than the performance quoted. High short- term performance of the Fund, when observed, is unusual and investors should not expect such performance to be repeated.
    [Show full text]
  • Crescimento Global Moderado... Serviço De Alertas
    14 março 2016 Nº 504 Visite a área de Investimentos do site do Millennium bcp Análise de Mercados e Perspetivas Empresas e Setores Recomendações e Price Targets Crescimento global moderado... Serviço de Alertas ... com Zona Euro a emergir como zona de conforto. Fundos Certificados A semana foi marcada pela atuação do BCE na quinta-feira, 76,9%), que gera pressão operacional na indústria. Os com a instituição a vir ao encontro das expectativas e a holofotes estarão voltados para a divulgação das decisões de aumentar o montante de compra mensal de ativos para os política monetária da Fed, com o mercado a antecipar que € 80 mil milhões e a conseguir gerar ainda alguma surpresa nesta reunião a taxa de juro de referência se mantenha nos com o corte de todas as taxas, passando a de referência para 0,25%-0,50%, mas a querer perceber qual o ritmo que a os 0%. Paralelamente, o BCE adicionou obrigações Reserva Federal pretende impor a este ciclo de subida de corporativas à lista de compras, podendo aliviar a pressão juros. sobre a dívida de algumas cotadas. Na sua generalidade, os Quinta-feira, dia 17, espera-se pela confirmação de deflação mercados bolsistas europeus vivenciaram uma semana de de 0,2% na Zona Euro em fevereiro. Na Balança Comercial ligeiro otimismo, ainda que setores como os de Recursos da região importa denotar a evolução das exportações e Naturais e Automóvel tenham sido pressionados com a importações. O Banco de Inglaterra também comunica as divulgação da contração acima do esperado das importações decisões monetárias e nos EUA teremos dados de Balança chinesas.
    [Show full text]
  • Av. João XXI, Nº 63 - 1000-300 Lisbon – Portugal
    Disclaimer The reports published on this website (http://www.caixabi.pt) have been prepared by Caixa - Banco de Investimento, SA. The information upon which these reports were based has been obtained from sources that we believe to be reliable, but we do not guarantee that it is accurate or complete. No part of these documents may be (i) copied or duplicated by any form or means, or (ii) redistributed without the prior written consent of Caixa - Banco de Investimento, SA. The analysts responsible for theses reports have not received and will not receive direct or indirect compensation in exchange for expressing specific recommendations or views by CaixaBI. At any time Caixa Geral de Depósitos, CaixaBI's parent company, or any affiliated companies (or employees) may have a position subject to change in these securities. There are no pre-established policies regarding frequency, change or update in recommendations issued by Caixa Banco de Investimento, SA and the same applies to our coverage policy. Opinions in these reports are subject to change without notice. These documents is for your private information, and is not to be constructed as an offer to sell or the solicitation of an offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. Any opinion or recommendation contained herein and in the investments to which they refer may not be appropriate for investors due to their specific financial position or investment targets. Investors should consider these reports as only a single factor in making their investment decision. Any recommendation and opinions contained in these reports may became outdated as a consequence of changes in the environment in which the company under analysis operates, in addition to changes in the estimates and forecast, assumptions and valuation methodology used herein.
    [Show full text]
  • R&C Amorim 2007
    Capa_relat_Amorim Susten_ING:capa 08/07/09 10:26 Page 1 07 About CORTICEIRA AMORIM, S.G.P.S., S.A. CORTICEIRA AMORIM transforms cork Sustainability Report into products ideally positioned to answer the challenge of achieving harmonious CORTICEIRA AMORIM, S.G.P.S., S.A. development between Mankind and Nature. A . From natural cork stoppers to wine; from floor S and wall coverings as well as insulation solutions , . S for eco-construction to materials for major . P . public works that have to comply with strict G . environmental standards; from state-of-the-art S , products and solutions for the aerospace M I industry to the most diversified products R and solutions designed by great international O fashion figures – CORTICEIRA AMORIM’s M A portfolio is huge and illustrates clearly A the great potential for using this natural raw R I E material – the cork. C I T R O C • t r o p e R y t i l i b a n i a t s u S CORTICEIRA AMORIM, S.G.P.S., S.A. Public Company Rua de Meladas, no. 380 – P.O. Box 20 4536-902 MOZELOS VFR CODEX – PORTUGAL Phone: +351 227 475 400 • Fax: +351 227 475 410 E-mail: [email protected] www.corticeiraamorim.com Index Chairman’s Letter 2 2007 Highlights 6 CHAPTER I CORTICEIRA AMORIM presentation 8 CHAPTER II Corporate Governance and Sustainable Development strategy 18 CHAPTER III Analysis of the product life cycle and eco-efficiency 32 CHAPTER IV Priorities and challenges 44 CHAPTER V Performance indicators 64 CHAPTER VI Report framework and GRI index 78 CHAPTER VII Assurance 88 Chairman’s Letter Dear Stakeholders, The performance of Portuguese companies has, predictably, been affected by the evolution of the world economy, although Portugal has recorded clear progress in the export sector.
    [Show full text]
  • Materia En Lr.Pdf
    4 SPEARHEADING THIS DRIVE FOR INNOVATION IS THE PORTUGUESE COMPANY AMORIM, WORLD LEADER IN THE CORK INDUSTRY. IN ADDITION TO HIGH-PERFORMANCE APPLICATIONS FOR THE AERONAUTICAL, CONSTRUCTION AND WINE-PRODUCING INDUSTRIES AMORIM LEADS AN AMBITIOUS PROJECT TO DISCOVER CORK IS NATURE’S OWN HIGH-TECH ACHIEVEMENT. NEW AND UNEXPECTED APPLICATIONS FOR CORK. DOWN TO THE CELL STRUCTURE, FUSING THE MATERIAL’S UNIQUE SENSORY QUALITIES ITS UNIQUE COMPOSITION AND CHARACTERISTICS AND PERSONALITY WITH A DESIGNER’S FLAIR, CANNOT BE REPLICATED BY ANYTHING MAN-MADE. MATERIA IS A COLLECTION OF OBJECTS EXTRACTED FROM THE BARK OF THE CORK OAK THAT WORK WELL AND FEEL GOOD -A NATIVE SPECIMEN OF THE WESTERN MEDITERRANEAN BASIN IN CONTEMPORARY HOMES AND LIFESTYLES. CORK IS A STATE-OF-THE-ART RAW MATERIAL, REQUIRING MINIMUM TRANSFORMATION LIGHTHEARTED AND LIGHTWEIGHT, OR PROCESSING BEFORE USE. RELEVANT YET UNASSUMING, EASY GOING AND TACTILE, THESE OBJECTS WILL INTEGRATE SEAMLESSLY REUSABLE AND COMPLETELY BIODEGRADABLE, INTO YOUR DAILY LIFE AND HABITAT, IT IS ONE OF THE MOST VERSATILE AS NATURAL, REFRESHINGLY UNCOMPLICATED AND SUSTAINABLE MATERIALS IN THE WORLD AND WITTY ANSWERS TO SIMPLE, UNIVERSAL NEEDS. -ENVIRONMENTALLY, SOCIALLY AND ECONOMICALLY. THEY FIT NEATLY INTO A LITTLE VACANT SPOT IN YOUR LIFE, IMPERMEABLE TO LIQUIDS AND GASES, ELASTIC, COMPRESSIBLE, LEFT THERE BY AN ACTION WAITING TO HAPPEN, HIGHLY RESISTANT YET LIGHT AND BUOYANT, A PURPOSE ABOUT TO BE FULFILLED. CORK’S POTENTIAL AS A LEADING MATERIAL FOR THE 21ST CENTURY USER AND FUNCTION-WISE INTUITIVE, IS ONLY NOW BEING REALIZED, WITH CUTTING EDGE R&D THEY WILL FIND THEIR WAY INTO YOUR HOME AND OFFICE, PUSHING THE BOUNDARIES OF INVENTION.
    [Show full text]
  • Corticeira Amorim
    CORTICEIRA AMORIM NEW BUSINESS UNIT: AMORIM CORK COMPOSITES Mozelos, Portugal, 20th November, 2007 – According to the terms of article 248, paragraph 1- a) of the Securities Market Code (Código dos Valores Mobiliários), CORTICEIRA AMORIM, SGPS, S.A. [Euronext Lisbon: COR; ISIN: PTCOR0AE0006], worldwide leading cork manufacturer, hereby notifies the Public in general and its Shareholders in particular, of the following: HIGHLIGHTS i Amorim Cork Composites: new CORTICEIRA AMORIM Business Unit (BU), resulting from the integration of the Corkrubber and Composite Cork BUs. i Important step in solidification of the Organization’s strategy because it: (i) levers business development; (ii) promotes Customer loyalty and expands current portfolio; and (iii) improves operating efficiency. i The operational implementation of the new BU, Amorim Cork Composites, should be concluded by early 2008. Statement available on the company website: www.corticeiraamorim.com. CORTICEIRA AMORIM, SGPS, S.A. – Amorim Cork Composites Page 1 of 3 CORTICEIRA AMORIM NEW BUSINESS UNIT: AMORIM CORK COMPOSITES Having given considerable thought to the Corkrubber and Composite Cork Business Units’ (BU) past and current activities as well as to their future perspectives, the Board of Directors of CORTICEIRA AMORIM, SGPS, S.A has decided to reorganise these two BUs, integrating their operations into the new BU, Amorim Cork Composites. The Board is positive that the new BU will potentiate the development of the businesses that, until now, were carried on separately and will
    [Show full text]
  • The Financial Crisis Impact on the Composition of an Optimal Portfolio in the Stock Market - Study Applied to Portuguese Index PSI 20
    International Journal of Business and Social Science Volume 8 • Number 10 • October The Financial Crisis Impact on the Composition of an Optimal Portfolio in the Stock Market - Study Applied to Portuguese Index PSI 20 Carlos Santos Pinho Phd in Management Universidade Aberta Universidade Europeia – Visiting Professor Rua da Escola Politécnica, 141 1269-001 Lisboa, Portugal Augusto Melo Phd in Management Student Universidade Europeia Quinta do Bom Nome, Estr. Correia 53 1500-210 Lisboa, Portugal Abstract In order to maximize their utility function, investors select some assets over others, choosing the portfolio that will allow them to maximize their wealth. Each asset is chosen considering the relationship between the risk of that particular investment (usually measured by variance) - and the profitability it can offer, as well as the risk between this and other assets (measured by covariance). The purpose of this study consisted of constructing the minimum variance portfolio, using data from the PSI-20 (2008-2016) representative asset quotation, where investors are risk reluctant and wish to minimize risk while maintaining the same level of profitability, or on the other hand, maintaining the same level of risk but maximizing expected profit. In order to do this, a comparison of the optimal portfolio in 2004-2017 was carried out, compared to the minimum variance portfolio after the financial crisis (2008-2016). The method used to estimate each asset’s expected profitability that makes up the PSI-20 consists of extracting the obtained historical quotations. The optimal portfolio composition, in the period after the financial crisis, shows that the energy sector has an optimal portfolio weight reduction of 39.15%, that the big distribution sector (23.85%) was introduced into the portfolio and by last, the industrial sector stands its ground in the composition of the optimal portfolio.
    [Show full text]
  • Share Capital VAT & Registration Number
    T Share Capital F VAT & Registration Number Companies Registry of Santa Maria da Feira T Share Capital F VAT & Registration Number Companies Registry of Santa Maria da Feira T Share Capital F VAT & Registration Number Companies Registry of Santa Maria da Feira T Share Capital F VAT & Registration Number Companies Registry of Santa Maria da Feira - - T Share Capital F VAT & Registration Number Companies Registry of Santa Maria da Feira T F T Share Capital F VAT & Registration Number Companies Registry of Santa Maria da Feira T Share Capital F VAT & Registration Number Companies Registry of Santa Maria da Feira T Share Capital F VAT & Registration Number Companies Registry of Santa Maria da Feira T Share Capital F VAT & Registration Number Companies Registry of Santa Maria da Feira T Share Capital F VAT & Registration Number Companies Registry of Santa Maria da Feira T Share Capital F VAT & Registration Number Companies Registry of Santa Maria da Feira T Share Capital F VAT & Registration Number Companies Registry of Santa Maria da Feira T Share Capital F VAT & Registration Number Companies Registry of Santa Maria da Feira T Share Capital F VAT & Registration Number Companies Registry of Santa Maria da Feira T Share Capital F VAT & Registration Number Companies Registry of Santa Maria da Feira T Share Capital F VAT & Registration Number Companies Registry of Santa Maria da Feira T Share Capital F VAT & Registration Number Companies Registry of Santa Maria da Feira T Share Capital F VAT & Registration Number Companies Registry of Santa Maria da Feira T Share Capital F VAT & Registration Number Companies Registry of Santa Maria da Feira T Share Capital F VAT & Registration Number Companies Registry of Santa Maria da Feira T F T F T F Curriculum Vitae (summa) de Paulo de Tarso da Cruz Domingues Dados pessoais Data de Nascimento: 18 de agosto de 1964 Naturalidade: S.
    [Show full text]
  • Corticeira Amorim Consolidated 30/06/2020
    CORTICEIRA AMORIM CONSOLIDATED 30/06/2020 First semester 2020 (1H20) (Audited) Second quarter 2020 (2Q20) (Non audited) Translation of consolidated financial statements originally issued in Portuguese. In case of discrepancy the Portuguese version prevails 2 CORTICEIRA AMORIM, SGPS, S.A. CONSOLIDATED FINANCIAL STATEMENTS 1st HALF 2020 Dear Shareholders, In accordance with the law, CORTICEIRA AMORIM S.G.P.S., S.A., a public company, presents its: CONSOLIDATED MANAGEMENT REPORT 1. SUMMARY OF ACTIVITY The second quarter was characterised by a worsening of the public health crisis and by decisions made throughout the world to close down economies to prevent the spread of coronavirus, creating some of the most challenging conditions in decades for the world economy. The impact varied, depending on how the pandemic developed (China began reopening its economy in April), but it was more pronounced in the northern hemisphere, especially in Europe and the US. As the quarter progressed, the earliest affected economies started reopening, while other regions, such as Central America, South America and Africa, began suffering the strongest impact of the epidemic. Critical monetary and fiscal support measures were implemented during the second quarter. Their magnitude and the fast action of the monetary and fiscal authorities was unprecedented and decisive. The effect was to reduce uncertainty. At the same time, however, the trade dispute between the US and China grew in intensity, increasing instability, uncertainty and risk. It was a period dominated by the unknown, by a willingness to respond, by advances and setbacks in introducing measures, and by expectations, probably excessive, of obtaining a cure or a vaccine for Covid-19 over the short term.
    [Show full text]
  • Euro Stoxx® Total Market Small Index
    EURO STOXX® TOTAL MARKET SMALL INDEX Components1 Company Supersector Country Weight (%) BE SEMICONDUCTOR Technology Netherlands 1.34 DIALOG SEMICON Technology Germany 1.32 Valmet Industrial Goods & Services Finland 1.19 EVOTEC Health Care Germany 1.18 BANK OF IRELAND GROUP Banks Ireland 1.11 SOITEC Technology France 1.09 BANCO BPM Banks Italy 1.07 TAG IMMOBILIEN AG Real Estate Germany 1.07 WIENERBERGER Construction & Materials Austria 1.03 INTERPUMP GRP Industrial Goods & Services Italy 1.03 COFINIMMO Real Estate Belgium 0.97 AEDIFICA Real Estate Belgium 0.92 SHOP APOTHEKE EUROPE Personal Care, Drug & Grocery Stores Germany 0.85 ALTEN Technology France 0.83 SPIE Construction & Materials France 0.77 BCO SABADELL Banks Spain 0.77 ITALGAS Utilities Italy 0.76 FREENET Telecommunications Germany 0.75 MORPHOSYS Health Care Germany 0.74 ALSTRIA OFFICE REIT Real Estate Germany 0.74 SOLVAC Chemicals Belgium 0.71 ARCADIS Construction & Materials Netherlands 0.70 GERRESHEIMER Health Care Germany 0.69 KONECRANES Industrial Goods & Services Finland 0.69 TIETOEVRY Technology Finland 0.68 GRAND CITY PROPERTIES Real Estate Germany 0.67 SOPRA STERIA GROUP Technology France 0.65 VARTA AG Industrial Goods & Services Germany 0.64 DE LONGHI Consumer Products & Services Italy 0.64 CORBION Food, Beverage & Tobacco Netherlands 0.64 VIDRALA Industrial Goods & Services Spain 0.64 CA IMMOBILIEN ANLAGEN Real Estate Austria 0.63 BUZZI UNICEM Construction & Materials Italy 0.63 VISCOFAN Food, Beverage & Tobacco Spain 0.62 AZIMUT HLDG Financial Services Italy 0.62
    [Show full text]
  • Quer Um Dividendo Generoso? Estas São As Melhores Apostas No PSI-20
    Mercados Quer um dividendo generoso? Estas são as melhores apostas no PSI-20 Alberto Teixeira 9:32 3 Está prestes a abrir a época de caça ao dividendo na bolsa de Lisboa. E Portugal é campeão da Europa nesta liga. Mas sabe onde estão as melhores apostas? O que é o dividendo? Perguntou ao Google, nós respondemos 160 views • No comments ão há volta a dar: está a chegar a época dos dividendos à bolsa N portuguesa, um dos pontos mais altos do ano para os investidores. Neste campeonato, Portugal merece honras de campeão europeu. Mas há em Lisboa os bons dividendos, aqueles assim-assim e outros que merecem uma maior reexão. Está à procura de um dividendo generoso? Então tome nota. Lucros sobem mas acionistas vão receber os mesmos dividendos Ler Mais Há uma mão cheia de oportunidades no PSI-20, segundo identicaram os analistas contactados pelo ECO: REN, Navigator, Galp, EDP Renováveis e Corticeira Amorim. Mas cada caso é um caso e vale a pena notar que o dividend yield, a ferramenta utilizada para avaliar a atratividade de um dividendo, está bastante longe de ser a principal indicador de referência para os especialistas. O dividend yield compara o valor do dividendo com o valor da ação: quanto maior for o rácio, mais atrativo é o dividendo em função do preço da ação. Na teoria… porque há outros fatores que importa considerar na hora de procurar um bom dividendo. Na praça nacional, são os CTT quem se apresenta com o maior retorno de dividendo. A dividend yield supera os 10%, mais do dobro da média no PSI- 20.
    [Show full text]