Iren SpA, together with its subsidiaries, operates as a multi-utility company in Italy. It operates through Networks, Waste Management, Energy, Market, and Other Services segments. The company produces and distributes electricity primarily from hydroelectric, thermoelectric, cogeneration, and other renewables, as well as distributes natural gas. It distributes electrical energy through 7,849 kilometers of medium and low voltage networks to approximately 725,000 connected users; and natural gas through its network of approximately 8,115 kilometers of high, medium, and low-pressure pipes to approximately 741,000 customers. The company also operates integrated water cycle, which includes 20,088 kilometers of pipeline networks that serve 2.8 million residents; 11,291 kilometers of sewerage networks; and operates treatment plants. In addition, it is involved in the provision of services related to street lighting systems, traffic light systems, heating systems, and electrical and special systems; collection and disposal of waste; snow clearing services; and analysis laboratories, telecommunications, and other services. It operates 23 hydroelectric plants, 7 thermoelectric cogeneration systems, and 1 thermoelectric plant, as well as 95 photovoltaic production plants with an installed capacity of 18 MW. Iren SpA is based in Reggio Emilia, Italy.
Iren SpA Dividend Announcement
• Iren SpA announced a annually dividend of €0.12 per ordinary share which will be made payable on 2024-07-24. Ex dividend date: 2024-07-22
• Iren SpA annual dividend for 2024 was €0.12
• Iren SpA annual dividend for 2023 was €0.11
• Iren SpA's trailing twelve-month (TTM) dividend yield is 6.1%
• Iren SpA's payout ratio for the trailing twelve months (TTM) is 70.08%
• Iren SpA's dividend growth over the last five years (2018-2023) was 9.46% year
• Iren SpA's dividend growth over the last ten years (2013-2023) was 7.72% year
Iren SpA Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-22 | €0.12 | annually | 2024-07-24 |
2023-06-19 | €0.11 | annually | 2023-06-21 |
2022-07-18 | €0.10 | annually | 2022-07-20 |
2021-06-21 | €0.10 | annually | 2021-06-23 |
2020-06-22 | €0.09 | annually | 2020-06-24 |
2019-06-24 | €0.08 | annually | 2019-06-26 |
2018-06-18 | €0.07 | annually | 2018-06-20 |
2017-06-19 | €0.06 | annually | 2017-06-21 |
2016-06-20 | €0.06 | annually | |
2015-06-22 | €0.05 | annually | |
2014-06-23 | €0.05 | annually | |
2013-07-01 | €0.05 | annually |
Iren SpA Dividend per year
Iren SpA Dividend growth
Iren SpA Dividend Yield
Iren SpA current trailing twelve-month (TTM) dividend yield is 6.1%. Interested in purchasing Iren SpA stock? Use our calculator to estimate your expected dividend yield:
Iren SpA Financial Ratios
Iren SpA Dividend FAQ
Other factors to consider when evaluating Iren SpA 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: Iren SpA'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, Iren SpA 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, Iren SpA 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 Iren SpA 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: Iren SpA 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, Iren SpA distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Iren SpA 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 Iren SpA'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 Iren SpA'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.