As of today (2024-04-26), the Forward Annual Dividend Yield of Italgas SpA is 6.88%.
As of today (2024-04-26), the Trailing Annual Dividend Yield of Italgas SpA is 6.19%.
MIL:IG's Forward Dividend Yield % is ranked better than 79.76% of 425
companies
in the Utilities - Regulated industry
Industry Median: 4.11
vs MIL:IG: 6.88
During the past 12 months, Italgas SpA's average Dividends Per Share Growth Rate was 7.50% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 8.00% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 8.60% per year.
During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of Italgas SpA was 10.00% per year. The lowest was 8.00% per year. And the median was 8.60% 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 Italgas SpA's Forward Dividend Yield %
For the Utilities - Regulated Gas subindustry, Italgas 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.
Italgas SpA's Forward Dividend Yield % Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Italgas SpA's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Italgas SpA's Forward Dividend Yield % falls into.
Italgas SpA Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Italgas SpA Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
EUR 0.317
2023-05-22
2023-05-23
2023-05-24
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.
Italgas SpA's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.317
/
5.12
=
6.19 %
Current Share Price is €5.12. Italgas SpA's Dividends per Share for the forward twelve months is calculated as €0.317 * 1 = €0.317.
Italgas SpA's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.317
/
5.12
=
6.19 %
Current Share Price is €5.12. Italgas SpA's Dividends per Share for the trailing twelve months (TTM) ended in Today is €0.317.
* 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.
Italgas SpA Forward Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Italgas SpA's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Italgas SpA is an Italy-based company engaged in the business of natural gas distribution. The distribution service consists of transporting gas through local pipeline networks, from points of delivery at the reduction and measurement stations interconnected with the transport networks up to the final delivery points to customers. In addition, the company is also engaged in metering activities, which consist of determining, gathering, making available, and archiving metering data on natural gas withdrawn over the distribution networks. It derives a majority of the revenue from natural gas distribution activity. The other activities of the company are the distribution and sale of water and providing technical, engineering, IT assistance, and other services.
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