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Public Power Corporation S.A., together with its subsidiaries, generates, transmits, and distributes electricity in Greece and internationally. It generates electricity from lignite, natural gas, liquid fuel, wind, hydroelectric, and photovoltaic power plants. The company owns 60 power generating stations; and distributes electricity through 240,100 kilometers of medium and low voltage distribution network. It also owns approximately 162 kilometers of urban fiber optics network. In addition, the company offers financing services. Public Power Corporation S.A. was founded in 1950 and is headquartered in Athens, Greece.

Public Power Dividend Announcement

• Public Power announced a annually dividend of €0.25 per ordinary share which will be made payable on 2024-07-26. Ex dividend date: 2024-07-22
• Public Power annual dividend for 2024 was €0.25
• Public Power's trailing twelve-month (TTM) dividend yield is 2.1%
• Public Power's payout ratio for the trailing twelve months (TTM) is 17.32%

Public Power Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-22€0.25annually2024-07-26
2015-07-20€0.05annually
2013-07-22€0.03annually
2011-07-05€0.79annually
2010-07-01€0.90annually
2010-06-28€0.90annually
2008-06-25€0.10annually
2007-06-27€0.16annually
2006-06-21€0.50annually
2005-06-07€0.90annually
2004-04-21€0.70annually
2003-06-05€0.50annually
2002-04-11€0.38annually

Public Power Dividend per year

Public Power Dividend growth

Public Power Dividend Yield

Public Power current trailing twelve-month (TTM) dividend yield is 2.1%. Interested in purchasing Public Power stock? Use our calculator to estimate your expected dividend yield:

Public Power Financial Ratios

P/E ratio11.39
PEG ratio-0.09
P/B ratio0.96
ROE8.43%
Payout ratio17.32%
Current ratio1.03
Quick ratio0.88
Cash Ratio0.27

Public Power Dividend FAQ

Does Public Power stock pay dividends?
Public Power does not currently pay dividends to its shareholders.
Has Public Power ever paid a dividend?
No, Public Power has no a history of paying dividends to its shareholders. Public Power is not known for its dividend payments.
Why doesn't Public Power pay dividends?
There are several potential reasons why Public Power would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Public Power ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Public Power has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Public Power a dividend aristocrat?
Public Power is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Public Power a dividend king?
Public Power is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Public Power a dividend stock?
No, Public Power is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Public Power stocks?
To buy Public Power you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Public Power stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.