Spanish Undervalued Dividend Payers

Banco Santander

Market Cap: €111.3b

Provides various financial products and services to individuals, small and medium-sized enterprises, large corporations, and public entities worldwide.

Banco Bilbao Vizcaya Argentaria

Market Cap: €85.2b

Provides retail banking, wholesale banking, and asset management services primarily in Spain, Mexico, Turkey, South America, rest of Europe, the United States, and Asia.

Mapfre

Market Cap: €11.0b

Engages in the investment, insurance, property, financial, and services businesses in Spain.

Puig Brands

Market Cap: €9.0b

Operates in the beauty and fashion industry in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.

Grupo Catalana Occidente

Market Cap: €5.8b

Provides insurance products and services in Spain, the European Union, and internationally.

Ebro Foods

Market Cap: €2.6b

Operates as a food company in Spain, rest of Europe, the United States, Canada, and internationally.

Construcciones y Auxiliar de Ferrocarriles

Market Cap: €1.8b

Construcciones y Auxiliar de Ferrocarriles, S.A.

Prosegur Cash

Market Cap: €1.1b

Provides integrated cash cycle management solutions and automating payments in retail establishments and ATM management for financial institutions, retail establishments, business, government agencies, central banks, mints, and jewellery stores in Europe, LATAM, and internationally.