Summary
With the full-year earnings season around the corner, we welcome you to join us in a live webinar to discuss our expectations and opportunities for dividends in 2025.
After several years of robust recovery, European dividends are now facing new challenges and some high-profile companies issued profit warnings. We will analyse whether the trends we have seen in 2024 are expected to continue and what sectors could surprise throughout the year.
To help in our analysis, we look forward to welcoming Paul Watters, Head of Credit Research for S&P Global Ratings in Europe to highlight the latest rating trends across the investment grade companies in the region. We will also be joined by Visible Alpha's Director of Research, Philip Harrison, who will guide us through the drivers behind recent changes in analysts' consensus estimates and where future volatility may arise, powered by Visible Alpha's unique datapoints.
We will analyze some of the major risks and opportunities the region faces, covering topics including:
- Credit outlook for key sectors in the region
- Dividend forecasts from key sectors such as the banking, oil & gas and automotive sectors
- Upside/downside risk on major indices, SX5E, SX7E, SD3E and FTSE100
- The importance of share buybacks and companies’ evolving capital allocation plans
Speakers
S&P Global Market Intelligence
Arun Jain
Research Analyst, Dividend Forecasting
Arun Jain is a Research Analyst in the Dividend Forecasting team at S&P Global Market Intelligence.
Arun is a member of the London Dividend Forecasting team and specialises in the Southern European market including Italy, Spain, Portugal and Greece. His responsibilities include performing fundamental analysis, delivering research reports on companies, sectors and themes, and engaging with clients.
Arun graduated from the University of Nottingham with a bachelor’s in Economics with Hispanic Studies.
S&P Global Market Intelligence
Herne Martin
Research Analyst, Dividend Forecasting
Herne is part of the Dividend Forecasting team and specialises in the French, Dutch and Belgian markets. His responsibilities include performing analysis on stocks, delivering research reports and handling client queries.
Herne holds a BA(Hons) in Politics from the University of Warwick.
S&P Global Market Intelligence
Pattie Zhang
S&P Global Market Intelligence
Research Analyst, Dividend Forecasting
Pattie Zhang is a Research Analyst in the Dividend Forecasting team at S&P Global Market Intelligence.
Pattie, based in London, is responsible for UK stocks in the FTSE 100 and FTSE All-Share indices. She is committed to forecast accuracy by monitoring company news and staying in touch with investor relations teams. She has published a number of short reports to illustrate her forecast revision and methodology; in addition, she has been working on long reports to present her outlooks on dividend trends.
Pattie graduated from Imperial College with a Master’s degree in Risk Management and Financial Engineering. She is honoured to be the Women in Finance scholar at Imperial College Business School.
S&P Global Ratings
Paul Watters
S&P Global Ratings
Head of Credit Research EMEA
Paul Watters is Head of European Credit Research for S&P Global Ratings. Since 2017 he has been the chair of S&P’s European Credit Conditions Committee where senior analysts and economists examine macro credit trends and risks factors that may broadly impact Credit Ratings.
Prior to his current role Paul has held various senior product development, analytical, and research roles within S&P’s Leveraged Finance Group since joining S&P in January 2002, that included being a primary analyst for a portfolio of high yield credits in the metals and mining, chemicals, and oil and gas sectors.
Previous to S&P, Paul spent almost fifteen years working in debt capital markets in various senior trading and research roles with both Lehman Brothers and Nomura International.
Paul is a CFA Charterholder, and a Fellow of the Association of Corporate Treasurers.
S&P Global Market Intelligence
Philip Harrison
S&P Global Market Intelligence
Director of Research, Visible Alpha
Philip Harrison is the Director of Research for Visible Alpha, where he oversees data operations guidelines as well as research initiatives in accounting, forecasting, and valuation. Prior to joining Visible Alpha in 2013, Philip was co-founder of Lusight Research, an independent research and investment technology firm focused on emerging markets. He was also a senior equity and credit analyst at ING Barings, Duff & Phelps (now known as Fitch Ratings), and UBS.
Moderator
S&P Global Market Intelligence
Nikita Chhabra
S&P Global Market Intelligence
EMEA Dividend Forecasting Research Lead
Nikita Chhabra is the EMEA Dividend Research Lead in the Dividend Forecasting team.
Nikita leads dividend forecasting research efforts in EMEA, which covers 13 different markets including France, United Kingdom, Germany, Italy, Switzerland, the Netherlands, etc. She is responsible for all research report related initiatives in EMEA from idea generation to planning and media communication. Her primary coverage are German DAX indices.
Nikita holds a Master of Business Administration with a specialization in Finance from the IILM Institute, New Delhi.
Questions?
Please contact us if you need more information or have trouble accessing the webinar.