EDP Renováveis, S.A., a renewable energy company, plans, constructs, operates, and maintains electric power generation plants. The company operates wind and solar farms. As of December 31, 2021, it had an installed capacity of 5,908 megawatts in the United States; 2,194 megawatts in Spain; 795 megawatts in Brazil; and 1,142 megawatts in Portugal. The company was incorporated in 2007 and is headquartered in Madrid, Spain. EDP Renováveis, S.A. operates as a subsidiary of EDP-Energias de Portugal, S.A.
EDP Renováveis Dividend Announcement
• EDP Renováveis announced a annually dividend of $0.22 per ordinary share which will be made payable on 2024-05-23. Ex dividend date: 2024-05-02
• EDP Renováveis annual dividend for 2024 was $0.22
• EDP Renováveis annual dividend for 2023 was $0.30
• EDP Renováveis's trailing twelve-month (TTM) dividend yield is 1.67%
• EDP Renováveis's payout ratio for the trailing twelve months (TTM) is 12.94%
• EDP Renováveis's dividend growth over the last five years (2018-2023) was 17.04% year
• EDP Renováveis's dividend growth over the last ten years (2013-2023) was 25.00% year
EDP Renováveis Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-02 | $0.22 | annually | 2024-05-23 |
2023-05-09 | $0.30 | annually | 2023-05-26 |
2022-04-27 | $0.10 | annually | 2022-04-29 |
2021-05-10 | $0.10 | annually | 2021-05-12 |
2020-04-22 | $0.09 | annually | 2020-04-24 |
2019-05-08 | $0.08 | annually | 2019-05-10 |
2018-05-01 | $0.06 | annually | 2018-05-03 |
2018-04-30 | $0.08 | annually | |
2017-05-04 | $0.06 | annually | 2017-05-08 |
2016-05-13 | $0.06 | annually | |
2015-05-06 | $0.05 | annually | |
2014-05-05 | $0.06 | annually | |
2013-05-20 | $0.03 | annually |
EDP Renováveis Dividend per year
EDP Renováveis Dividend growth
EDP Renováveis Dividend Yield
EDP Renováveis current trailing twelve-month (TTM) dividend yield is 1.67%. Interested in purchasing EDP Renováveis stock? Use our calculator to estimate your expected dividend yield:
EDP Renováveis Financial Ratios
EDP Renováveis Dividend FAQ
Other factors to consider when evaluating EDP Renováveis as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: EDP Renováveis's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, EDP Renováveis publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, EDP Renováveis distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from EDP Renováveis are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: EDP Renováveis sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, EDP Renováveis distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: EDP Renováveis declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of EDP Renováveis's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review EDP Renováveis's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.