Metrovacesa soars as it proposes higher dividend

Metrovacesa SA

27/10/2025 08:45

** Shares in Metrovacesa MVC.MC jump around 8% to their highest price since May after the Spanish real estate developer proposed a higher dividend

** Metrovacesa proposed a dividend of 1.12 euros per share, nearly 240% bump compared to 0.33 it paid for last year

** Analysts at Banco Sabadell say the dividend hike reflects stronger-than-expected operating cash flow forecast exceeding 150 million euro

** If gains hold, the stock will see its biggest one-day rise since May 2024

(Reporting by Mireia Merino)

((Mireia.Merino@thomsonreuters.com; Reuters Messaging: mireia.merino.thomsonreuters.com@reuters.net/))