The recurring advantages of the listed companies on the Casablanca Exchange achieved 41 billion DH in 2024, an increase of 19.3 % compared to 2023 – an unrivaled performance since 2021, according to Attijari Global Research.
This growth was largely managed by the banking and energy sectors, which alone is 80 % of this increase.
Nevertheless, the total mass of the distributed dividends fell by 4.2 %, mainly due to the decline in the dividend of Morocco telecommunications. By excluding this effect, the dividends show an increase of 11.2 %, which is supported by numerous new reviews.
However, due to a strong increase in market capitalization, the average dividend yield fell to a historically low level of 2.2 % (+37.8 % in one year).
In addition, AGR expects a slow growth in profit growth in 2025, which is associated with a high basic effect and the decline in raw materials, especially in the energy sector.
