Dividend, Stock exchange, FTSE MIB, Italian Stock Exchange

FTSE MIB: Dividend payments to soar in 2023

Despite the economic uncertainty caused by the war in Ukraine and the energy crisis, dividend payments by companies listed on the FTSE MIB are expected to increase by 10% in 2023. This is according to a report by Mediobanca, an Italian investment bank.

The report predicts that total dividend payments by FTSE MIB companies will reach €60 billion in 2023, up from €54 billion in 2022. This growth is being driven by a number of factors, including the strong performance of the Italian economy, which is expected to grow by 0.6% in 2023.

Another factor contributing to the increase in dividend payments is the increasing profitability of FTSE MIB companies. In the first half of 2022, the net profit of FTSE MIB companies increased by 12% compared to the same period in 2021.

The increase in dividend payments is good news for investors, as it provides them with a steady stream of income. It is also a sign of confidence in the Italian economy and the future prospects of FTSE MIB companies.

Here are some of the key findings of the Mediobanca report:

• Total dividend payments by FTSE MIB companies are expected to reach €60 billion in 2023, up from €54 billion in 2022.
• The increase in dividend payments is being driven by the strong performance of the Italian economy and the increasing profitability of FTSE MIB companies.
• The report predicts that the highest dividend yields will be in the energy, utilities, and telecommunications sectors.

Investors looking for high dividend yields may want to consider investing in FTSE MIB companies. However, it is important to remember that dividend payments can be cut or suspended at any time, so it is important to do your research before investing.