Spanish Dividend Stocks List: High-Yield ES Companies

Spain has its own dedicated high-yield benchmark — the IBEX TOP DIVIDENDO® — which tracks the 25 highest-yielding stocks drawn from the IBEX 35, IBEX Medium Cap, and IBEX Small Cap indices, provided they have paid ordinary dividends for at least two consecutive years. This makes the Spanish equity market one of the few in Europe with an official dividend-focused sub-index managed by its own exchange operator, Bolsas y Mercados Españoles (BME).

All stocks trade in EUR on the Bolsa de Madrid. The IBEX 35, Spain’s main benchmark inaugurated on January 14, 1992, is heavily weighted toward finance, telecommunications, and energy — sectors that historically deliver the highest payouts. Key Spanish dividend stocks by sector include:

  • Banking: Banco Santander, BBVA, CaixaBank, Banco Sabadell
  • Utilities: Iberdrola, Endesa, Enagás, Redeia (formerly Red Eléctrica)
  • Energy: Repsol (integrated oil & gas)
  • Telecom: Telefónica (operating brands like Movistar, O2, and Vivo across Europe and Latin America)
  • Insurance: Mapfre
  • Real estate: Merlin Properties (structured as a SOCIMI, Spain’s REIT equivalent)

There is no Spain-specific Dividend Aristocrats index. Spanish companies can qualify through pan-European frameworks such as the S&P Europe 350 Dividend Aristocrats, which requires 10 or more consecutive years of dividend increases — a lower bar than the 25-year requirement for U.S. Aristocrats.

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The table below lists leading Spanish dividend-paying companies by market capitalization, primarily traded on Bolsa de Madrid. The data — including yield, payout ratio, and share price — updates regularly to reflect current market conditions.

Spanish dividend stocks list
StockPriceChange %Dividend RateDividend YieldMarketcap
AEDAS.MC
Aedas Homes
AEDAS.MC
€23.000.00%5.4023.63%1.01B
ENG.MC
Enagás
ENG.MC
€16.800.12%1.005.95%4.37B
ELE.MC
Endesa
ELE.MC
€42.592.58%1.583.72%43.29B
MAP.MC
Mapfre
MAP.MC
€4.403.17%0.184.10%13.52B
CABK.MC
CaixaBank
CABK.MC
€13.000.08%0.503.85%90.26B
MVC.MC
Metrovacesa
MVC.MC
€10.220.58%2.0219.77%1.55B
LOG.MC
Logista (Compañía de Distribución Integral Logista)
LOG.MC
€35.341.17%2.035.74%4.67B
BKT.MC
Bankinter
BKT.MC
€16.491.70%0.774.65%14.82B
RED.MC
Red Eléctrica
RED.MC
€15.110.13%0.805.29%8.15B
ACX.MC
Acerinox
ACX.MC
€17.182.88%0.623.61%4.28B
BBVA
Banco Bilbao Vizcaya Argentaria
BBVA
$28.361.63%1.083.80%156.50B
NTGY.MC
Naturgy
NTGY.MC
€29.581.14%2.408.11%27.40B
EBRO.MC
Ebro Foods
EBRO.MC
€18.240.76%0.925.04%2.81B
REP.MC
Repsol
REP.MC
€29.610.50%1.103.72%31.60B
GEST.MC
Gestamp Automoción
GEST.MC
€3.001.80%0.082.68%1.70B
ACS.MC
Grupo ACS
ACS.MC
€93.400.27%2.322.49%24.36B
AENA.MC
Aena
AENA.MC
€25.380.39%1.094.29%38.07B
COL.MC
Inmobiliaria Colonial
COL.MC
€5.090.49%0.326.29%3.18B
IBE.MC
Iberdrola
IBE.MC
€20.291.12%0.683.35%135.40B
PSG.MC
Prosegur
PSG.MC
€2.961.50%0.165.38%1.58B
UNI.MC
Unicaja Banco
UNI.MC
€3.602.07%0.195.31%9.24B
SCYR.MC
Sacyr
SCYR.MC
€4.121.10%0.204.85%3.28B
FCC.MC
Fomento de Construcciones y Contratas
FCC.MC
€10.561.12%0.504.73%0.00000000000000
SAN
Santander
SAN
$14.313.44%0.281.94%207.62B
ANA.MC
Acciona
ANA.MC
€208.200.00%5.752.76%11.08B
SAB.MC
Banco Sabadell
SAB.MC
€3.641.73%0.205.62%17.17B
ANE.MC
Acciona Energías Renovables
ANE.MC
€21.481.47%0.030.14%6.97B
CIE.MC
CIE Automotive
CIE.MC
€25.303.07%0.943.72%3.00B
VIS.MC
Viscofan
VIS.MC
€54.200.91%3.286.06%2.46B
IDEXY
Inditex
IDEXY
$14.821.20%0.513.45%184.66B
FDR.MC
Fluidra
FDR.MC
€17.680.56%0.653.68%3.32B
CASH.MC
Prosegur Cash
CASH.MC
€0.670.59%0.046.33%980.37M
CAF.MC
Construcciones y Auxiliar de Ferrocarriles
CAF.MC
€77.301.53%1.521.97%2.65B
PHM.MC
Pharma Mar
PHM.MC
€73.651.80%1.001.36%1.27B
FER.MC
Ferrovial
FER.MC
€47.730.19%1.433.00%34.39B
AMS.MC
Amadeus IT Group
AMS.MC
€54.981.40%1.542.80%23.09B
MRL.MC
Merlin Properties
MRL.MC
€12.440.48%0.221.73%7.70B
ROVI.MC
Laboratorios Farmaceuticos Rovi
ROVI.MC
€57.651.71%0.961.66%2.95B
EDPR.LS
EDP Renováveis
EDPR.LS
€12.700.70%0.120.98%13.46B
VID.MC
Vidrala
VID.MC
€89.200.79%1.701.91%3.05B
IDR.MC
Indra Sistemas
IDR.MC
€61.801.75%0.300.49%10.82B
FAE.MC
Faes Farma
FAE.MC
€4.571.08%0.132.80%1.42B