Corrections register
A site that sells "every figure with its source" also has to say when it gets one wrong. Here, dated, are the published figures that turned out to be wrong (what they said, what they say now and how the error was found) and, separately, what pre-publication verification caught in the dividend pages before they went live.
Last reviewed: 2026-10-14
How corrections work
A correction changes the figure on the page, updates the review date and adds an entry here with the previous and the new value. The entry is not deleted even if the page changes later. If the error is in the source rather than in the reading (an issuer filing thousands for units, say), the page says so and the figure is not published until it can be cross-checked.
To report a figure that does not add up: contact. It is checked against the original document and, where warranted, corrected and logged.
Corrected after publication
| Date | Where | It said | It says | Why, and how it was found |
|---|---|---|---|---|
| 2026-10-14 | Mapfre dividend (in Spanish), source for financial year 2025 | Linked a news item from an aggregator, flagged as a primary source | Links Mapfre's notice to the CNMV of 29-04-2026 (final dividend of €0.11, with treasury shares allocated to the remaining shares) | The figure (€0.180372) was correct; the document was not the issuer's. Found by the independent review of the second batch of pages. The check now rejects news aggregators as a source. |
| 2026-10-04 | Four UK securities in the fundamentals universe (3IN.L, AAS.L, FGEN.L, ICGT.L) | Another company's accounts from the same group | Removed | Name matching paired each one with its larger sibling (3i Group, Aberdeen Group, Foresight Group, Intermediate Capital Group). Found by searching for duplicate LEI identifiers. None is restored without its own LEI. |
| 2026-10-03 | Earnings per share of Unicaja (2022), Admiral, Berkeley, 3i and BBVA (2018) in the fundamentals universe | €95.000 · 216.6 · 417.8 · 539 · 75 | €0.095 · £2.166 · £4.178 · £5.394 · €0.75 | Scale errors in the filings: pence tagged as pounds, cents as euros and a stray factor of a thousand. Caught by a gate that compares each EPS with the issuer's own series; 49 rows corrected and cross-checked one by one. |
| 2026-09-18 | Comparison table on the pricing page | Three competitors' prices from July 2026, unsourced | Table removed (23 Sep 2026) | Three of the figures did not match each product's website on 18 Sep. They were corrected with source and date, and five days later the whole table was removed along with the comparison pages: Celsmar's public copy does not name competitors. |
| 2026-09-17 | Article Ex-dividend date | "The record date is one or two days after the ex-dividend date" | In the US they coincide since T+1 settlement (May 2024); in Europe, with T+2, the record date is one business day later | It described the T+2 cycle, no longer in force in the US. External editorial review. |
| 2026-09-17 | Article Contango and backwardation | "2% a month is a 25% annual roll cost" | 26.8% (1.02¹² − 1), if the curve holds for twelve months | 25% was neither the compounded nor the simple figure (24%). External editorial review; every figure in an article is now recomputed with the article's own tool before publication. |
| 2026-09-17 | Article Half a point of WACC | "That change in the denominator is the whole effect" | "It is most of the effect" | Lowering the WACC also raises the present value of the ten explicit cash flows and the discounting of the terminal value itself. External editorial review. |
| 2026-09-17 | Article Inverted yield curve | The inversion as an expectation of lower rates, full stop | Term premium added: a curve can invert without anyone expecting cuts | An omission, not a wrong figure. External editorial review. |
The table above is the register that matters: figures that were actually visible. The one below is what pre-publication verification found in the first batch of dividend pages before it went live, published for the same reason: so it is visible what gets checked and what kind of error turns up.
Caught before publication (dividend pages, October 2026)
The 16 IBEX 35 dividend pages went live on 4 October 2026 with these figures already corrected. None of the rows below was ever visible on the site; they were found by reviewing every figure by hand and with an external check before publication. Of 54 figures checked one by one against primary sources, two were wrong in the last pass and were corrected before going live. The second batch (seven more pages, 14 October) went through the same review and its row is at the end.
| Date | Where | It said | It says | Why, and how it was found |
|---|---|---|---|---|
| 2026-10-04 | Iberdrola dividend (in Spanish), financial year 2024 | €0.635 | €0.640 | The filing records the minimum announced final dividend (€0.404) and €0.409 was paid. External check against the issuer's website. The AGM attendance bonus (€0.005) is not added: it is not a dividend. |
| 2026-10-04 | Endesa dividend (in Spanish), 2022-2024 | €1.4372 · €1.5854 · €0.50 | €1.5854 · €1.00 · €1.3177 | The series was shifted by one year: Endesa recognises each year the previous year's dividend. Each figure was correct as a fact and wrong as an answer. Manual review against the accounts. |
| 2026-10-04 | Acerinox dividend (in Spanish), 2023 | €0.31 + €0.62 | €0.62 | The proposed amount (€0.62) already included the recognised tranche (€0.31): adding them double-counted half a dividend. Manual review. |
| 2026-10-04 | Repsol dividend (in Spanish) | Dividend "charged to the financial year" | Dividend "paid in the year" | Repsol pays out of both profits and reserves at the same time, so there is no clean total per financial year. The claim is downgraded to what can be sustained. |
| 2026-10-04 | ArcelorMittal, financial years 2024 and 2025 | 2025: US$0.55 | 2024: US$0.55 · 2025: US$0.60 | Note 11.4 of its 20-F labels the 0.55 as the 2024 dividend; press releases call it "2025" because it was paid in 2025. The filing's label wins. Second independent review before publication. |
| 2026-10-04 | Banco Sabadell dividend (in Spanish), 2025 | €0.75 | €0.265 | 0.07 + 0.07 interim plus a 0.125 final. The €0.50 special dividend from the TSB sale was approved by an extraordinary meeting and is not charged to the year. The cited URL was the previous year's page. |
| 2026-10-03 | Bankinter dividend (in Spanish), 2023 | €0.1422 | €0.4700 | The 2024 report states the 2023 dividend as a comparative with a different value, and the reader let the newer report override the main financial year. Caught by the team reviewing the page by hand: a dividend falling 54% from 2022 with higher profit. The same bug affected any restated line item; fixed in the reader for all 311 issuers. |
| 2026-10-14 | Dividend pages for Telefónica, Aena, Logista and Indra (second batch) | «These are the 3 filings the figures above come from», with no filing on the page | The figures come from the document linked in each row (issuer, CNMV, BORME or SEC) | Those issuers do not tag the dividend in their XBRL and the template still talked about filings. Found by the independent review before publication; the section now changes depending on whether there is a filing table. |
Information for informational purposes. Celsmar is not an investment services firm and is not supervised by the CNMV; it does not provide financial advice.