Redeia Corporacion SA
RED: XMAD (ESP)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€11.70 | Ycz | Htgcfrpc |
Redeia' Dividend Visibility Is Lower Than Most of European Utilities
Business Strategy and Outlook
Redeia's fully regulated electric transmission business has protected the company from the doldrums faced by most diversified European utilities between 2011 and 2016. During the 2014-19 regulatory period, Redeia has delivered 7% annual dividend growth.