ERG SpAMIL:ERG +1.40%76 Forward Dividend Yield % is 4.31% as of Jun. 24, 2026. GuruFocus rates MIL:ERG with a GF Score™ of 76/100 and a GF Value™ of €24.37 (Fairly Valued). The stock has 5 warning signs investors should review. Among 233 Utilities - Independent Power Producers companies, ERG SpA ranks better than 60.09% on this metric.
As of today (2026-06-24), the Forward Annual Dividend Yield of ERG SpA is 4.31%.
As of today (2026-06-24), the Trailing Annual Dividend Yield of ERG SpA is 4.31%.
MIL:ERG's Forward Dividend Yield % is ranked better than 60.09% of 233
companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.57
vs MIL:ERG: 4.31
During the past 3 years, the average Dividends Per Share Growth Rate was 3.60% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 7.10% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 7.40% 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 9.50% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
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.
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 Forward Dividend Yield % vs 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.
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
2026-05-18
2026-05-19
2026-05-20
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
/
23.22
=
4.31 %
Current Share Price is €23.22. 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
/
23.22
=
4.31 %
Current Share Price is €23.22. 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.
What does a Forward Dividend Yield % of 4.31% mean?
ERG SpA (MIL:ERG) has a Forward Dividend Yield % of 4.31% as of Jun. 24, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on ERG SpA and its competitors. According to the industry distribution chart, ERG SpA ranks #93 out of 233 companies in the Utilities - Independent Power Producers industry, placing it in the top 39.9%.
Is ERG SpA's Forward Dividend Yield % too high?
ERG SpA's current Forward Dividend Yield % is 4.31%. The Utilities - Independent Power Producers industry median Forward Dividend Yield % is 3.57. ERG SpA's value of 4.31% is 20.7% above this industry median. Based on the distribution chart, ERG SpA ranks #93 out of 233 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, ERG SpA has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ERG SpA's Forward Dividend Yield % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, ERG SpA ranks #93 out of 233 companies for Forward Dividend Yield %. This puts ERG SpA in the upper half of its industry. The industry median Forward Dividend Yield % is 3.57. ERG SpA's value of 4.31% is 20.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for an Utilities - Independent Power Producers company?
The median Forward Dividend Yield % among Utilities - Independent Power Producers companies is 3.57, based on 233 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ERG SpA's current Forward Dividend Yield % of 4.31% is 20.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on ERG SpA and its competitors. For the Utilities - Independent Power Producers industry, the median Forward Dividend Yield % is 3.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ERG SpA's current Forward Dividend Yield % is 4.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ERG SpA stock overvalued right now?
Based on GuruFocus' analysis, ERG SpA (MIL:ERG) is currently considered Fairly Valued. The stock's GF Value™ is €24.37, compared to a current price of €23.22 — trading 4.7% below its estimated fair value. The current Forward Dividend Yield % is 4.31% and 20.7% above the Utilities - Independent Power Producers industry median of 3.57. ERG SpA's overall GF Score™ is 76/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For ERG SpA (MIL:ERG), the current Forward Dividend Yield % is 4.31% as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is ERG SpA (MIL:ERG) Overvalued in 2026?
Based on GuruFocus' analysis, ERG SpA stock appears to be undervalued.
The current stock price of €23.22 is trading 4.7% below its estimated GF Value™ of €24.37.
GuruFocus considers ERG SpA to be Fairly Valued.
Key valuation signals for MIL:ERG:
Forward Dividend Yield %: 4.31%
GF Value™: €24.37 vs. price of €23.22 (4.7% below fair value)
Industry Position: 20.7% above the Utilities - Independent Power Producers median (#93 of 233)
No single metric tells the full story. See the MIL:ERG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ERG SpA produces electricity from clean, renewable, and sustainable sources. Its energy comes from the combination of natural resources such as wind and sun. 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 which 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. Electricity from the plant is either fed into Italy's national grid or used to power other industrial plants.
76GF Score
Get the complete analysis for MIL:ERG
Forward Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MIL:ERG has been successfully added to your 