Ellaktor, a Greek construction and real estate company, has finalized yet another asset sale, specifically of the Ktima Kambas property to Dimand. This development has brought back to the forefront speculation regarding the possibility of a new dividend payout in 2026, building upon the recent interim distribution of €0.47 per share that occurred in December. The market is closely watching these developments as investors consider the company's financial strategies.

Despite the promising news concerning dividends, ongoing asset liquidations have raised concerns about Ellaktor's long-term operational capacity. The series of asset sales, while providing immediate financial rewards to shareholders, have significantly depleted the company's asset portfolio, leaving it with limited operational ventures, notably just the Alimos Marina. This situation emphasizes a precarious balance between rewarding shareholders and maintaining a viable business model.

Analysts suggest that while the current financial maneuvers might offer short-term gains, they could lead to challenges in sustaining long-term growth. The company's reduced portfolio raises questions about its future projects and revenue streams, indicating that investors should remain cautious and consider the broader implications of Ellaktor's continuous asset disposals. Such market dynamics are critical for individuals looking to invest or engage with the stock, and the warning in the article highlights the necessity for informed decision-making.