MVV Energie AG, together with its subsidiaries, provides electricity, heating energy, gas, water, and other products primarily in Germany. The company operates through five segments: Customer Solutions, New Energies, Supply Reliability, Strategic Investments, and Other Activities. The Customer Solutions segment engages in the energy and water retail and wholesale, direct marketing of renewable energy, commodities, and service and trading businesses. This segment also offers services to third-party customers. The New Energies segment operates waste, biomass power, biomethane, and biogas plants; and photovoltaics systems and wind turbines. This segment also engages in the national and international project development, and operation and management of windfarms and solar parks. The Supply Reliability segment engages in the conventional combined heat and power generation activities; and operates electricity, district heating, gas, and water grid facilities with a total length of approximately 19,300 kilometers. The Strategic Investments segment engages in operation of energy generation plants and grid facilities. The Other Activities segment provides metering, billing, and information technology services. It serves industrial, retail, private households, real estate, commercial, and business customers. The company was founded in 1974 and is based in Mannheim, Germany. MVV Energie AG operates as a subsidiary of MVV Verkehr AG.
MVV Energie Dividend Announcement
• MVV Energie announced a annually dividend of €1.45 per ordinary share which will be made payable on 2024-03-13. Ex dividend date: 2024-03-11
• MVV Energie annual dividend for 2024 was €1.45
• MVV Energie annual dividend for 2023 was €1.05
• MVV Energie's trailing twelve-month (TTM) dividend yield is 4.71%
• MVV Energie's payout ratio for the trailing twelve months (TTM) is 102.36%
• MVV Energie's dividend growth over the last five years (2018-2023) was 3.13% year
• MVV Energie's dividend growth over the last ten years (2013-2023) was 1.55% year
MVV Energie Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-03-11 | €1.45 | annually | 2024-03-13 |
2023-03-13 | €1.05 | annually | 2023-03-15 |
2022-03-14 | €1.05 | annually | 2022-03-16 |
2021-03-15 | €0.95 | annually | 2021-03-17 |
2020-03-16 | €0.90 | annually | 2020-03-18 |
2019-03-11 | €0.90 | annually | 2019-03-13 |
2018-03-12 | €0.90 | annually | 2018-03-14 |
2017-03-13 | €0.90 | annually | 2017-03-15 |
2016-03-07 | €0.90 | annually | 2016-03-07 |
2015-03-16 | €0.90 | annually | 2015-03-16 |
2014-03-17 | €0.90 | annually | 2014-03-17 |
2013-03-11 | €0.90 | annually | 2013-03-11 |
MVV Energie Dividend per year
MVV Energie Dividend growth
MVV Energie Dividend Yield
MVV Energie current trailing twelve-month (TTM) dividend yield is 4.71%. Interested in purchasing MVV Energie stock? Use our calculator to estimate your expected dividend yield:
MVV Energie Financial Ratios
MVV Energie Dividend FAQ
Other factors to consider when evaluating MVV Energie 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: MVV Energie'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, MVV Energie 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, MVV Energie 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 MVV Energie 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: MVV Energie 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, MVV Energie distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: MVV Energie 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 MVV Energie'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 MVV Energie'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.