The strategic plan outlines a dividend distribution target range between 60% and 70% throughout the period, ensuring, according to the company, “attractive returns for shareholders.”
The updated dividend policy aligns with the anticipated growth in net profits, projected to increase from approximately 1.2 billion euros in 2025 to 1.3 billion euros in 2028, “enhancing the quality profile of the results with less dependency on asset rotation gains and a greater contribution from regulated markets with an ‘A’ rating.”
The company also estimates that EBITDA (earnings before interest, taxes, depreciation, and amortization) will rise from 4.9 billion euros in 2025 to 5.2 billion euros in 2028, supported by the growth of renewable energies owing to the US market and increased investments in Electricity Networks in Portugal and Spain.
