10%-Plus Dividends From Spanish Broadcasting: Atresmedia

2025-01-24 15:16:50 ET

Summary

• European broadcasters, like Atresmedia, offer high dividends and are currently undervalued, presenting a compelling investment opportunity.
• Atresmedia's production of hit Spanish content, such as "La Casa de Papel," highlights its strong market position and potential for global audience reach.
• Despite economic risks affecting advertising revenue, Atresmedia's leading position in the Spanish market and stable ownership ensure resilience.
• Investors can expect total returns from dividends and potential capital gains, making Atresmedia an attractive investment in the broadcasting sector.

US streamers conquering Spain

A long time ago, Columbus may have discovered the Americas for the Spanish monarchs, but today, it's clear that US tech and social media companies have discovered Spain. Netflix ( NFLX ), Amazon Prime ( AMZN ), HBO Max ( WBD ), Disney+( DIS ) are the streaming services with the most subscribers in the country. Next to these, there's the social media, such as Snapchat ( SNAP ), Instagram ( META ), Youtube ( GOOG ) and TikTok ( BDNCE ). With so many media offerings, one could wonder if old fashioned linear TV is a thing of the past in Spain. Why still watch the evening news at a set time when there's all the alternatives? Why have the start and end time of your movie or favorite TV series be determined by the broadcaster if you can "media snack" on social media any time? Why watch a series one episode per week when a streaming service allows you to binge-watch at your convenience?...

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