ENG
✂️ Enagas announced a significant 43% dividend cut extending until 2026, a move aimed at freeing up capital for substantial investments in hydrogen networks.
💡 Despite a reported 8.8% decrease in net profit for 2023 due to regulatory changes, the company exceeded its own targets, suggesting underlying operational efficiency.
🤔 Investors face a dilemma: weigh the short-term impact of the dividend reduction against the potential long-term growth fueled by strategic investments in the hydrogen sector.
@ElClubDeInversion:
“Here I leave you, for example, a well-known Spanish dividend company, which is Enagas. A news item that came out not long ago said Enagas cuts the dividend by 43%, which is a lot, until 2026 to invest more than 3 billion euros in hydrogen networks. In this case, the company earned 8.8% less in 2023 due to the regulatory cut and remained at 343 million euros of net profit. Even so, it exceeded its objectives thanks to the efficiency plan. So, as we see, it cuts on one hand to then be able to increase on the other and, over time, its profits will be greater.”
Watch the exact part of the video where @ElClubDeInversion talks about Enagas here:
Watch the video on YouTube
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