As of today (2024-06-17), the Forward Annual Dividend Yield of ERG SPA is 4.03%.
As of today (2024-06-17), the Trailing Annual Dividend Yield of ERG SPA is 4.03%.
MIL:ERG's Forward Dividend Yield % is ranked better than 54.32% of 243
companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.54
vs MIL:ERG: 4.03
During the past 12 months, ERG SPA's average Dividends Per Share Growth Rate was 11.10% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 10.10% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -0.40% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 8.90% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of ERG SPA was 47.80% per year. The lowest was -23.70% per year. And the median was 12.30% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison of ERG SPA's Forward Dividend Yield %
For the Utilities - Renewable subindustry, ERG SPA's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
ERG SPA's Forward Dividend Yield % Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, ERG SPA's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where ERG SPA's Forward Dividend Yield % falls into.
ERG SPA Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
ERG SPA Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
EUR 1.000000
2024-05-20
2024-05-21
2024-05-22
Cash Dividend
annually
EUR:EUR 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
ERG SPA's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
1
/
24.80
=
4.03 %
Current Share Price is €24.80. ERG SPA's Dividends per Share for the forward twelve months is calculated as €1 * 1 = €1.
ERG SPA's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
1
/
24.80
=
4.03 %
Current Share Price is €24.80. ERG SPA's Dividends per Share for the trailing twelve months (TTM) ended in Today is €1.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Thank you for viewing the detailed overview of ERG SPA's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
ERG SPA produces electricity from clean, renewable, and sustainable sources. The company produces wind power, and electricity as a hydroelectric operator to markets across Europe. Electricity is also generated from natural gas operations located in Italy. ERG's wind power production is handled by subsidiary ENG Renew that focuses on developing, building, and operating wind assets. Hydropower and natural gas operations are split off into ERG Power Generation. The company's hydro assets include plants, dams, reservoirs, and a pumping station. Natural gas production contributes the most revenue for ERG, and is churned out from a cogeneration plant that produces electricity and steam. Electricity from the plant is either fed into Italy's national grid or used to power other industrial plants.
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