As of today (2024-04-23), the Forward Annual Dividend Yield of Terna SpA is 4.38%.
As of today (2024-04-23), the Trailing Annual Dividend Yield of Terna SpA is 4.38%.
TEZNY's Forward Dividend Yield % is ranked better than 72.41% of 424
companies
in the Utilities - Regulated industry
Industry Median: 4.19
vs TEZNY: 4.38
Terna SpA's Dividends per Share for the
three
months ended in Sep. 2023 was $0.00.
During the past 12 months, Terna SpA's average Dividends Per Share Growth Rate was 7.90% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 7.80% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 7.50% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 4.20% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Terna SpA was 11.80% per year. The lowest was -1.60% per year. And the median was 7.20% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison
For the Utilities - Regulated Electric subindustry, Terna 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.
Terna SpA Forward Dividend Yield % Distribution
For the Utilities - Regulated industry and Utilities sector, Terna SpA's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Terna SpA's Forward Dividend Yield % falls into.
Terna SpA Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Terna SpA Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.372
2023-11-24
2023-11-27
2023-12-08
Cash Dividend
semi-annually
USD:USD 1.000000
USD 0.680
2023-06-16
2023-06-20
2023-07-06
Cash Dividend
semi-annually
USD:USD 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.
Terna SpA's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.744
/
23.97
=
3.10 %
Current Share Price is $23.97.
Terna SpA's Dividends per Share for the forward twelve months is calculated as $0.372 * 2 = $0.744.
Terna SpA's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
1.052
/
23.97
=
4.39 %
Current Share Price is $23.97.
Terna SpA's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.052.
* 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 Terna SpA's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Terna SpA is an electricity transmission system operator that owns virtually all of the Italian National Transmission Grid. With a monopoly under an Italian government license, Terna transmits and dispatches electricity throughout the country. It is also responsible for the planning, construction, and maintenance of the nation's electrical grid. Terna segments its operations into its Regulated Activities, Non-Regulated Activities, and International Activities. The company generates the vast majority of its revenue from charging transmission fees as a part of its Regulated Activities. Under its Non-Regulated Activities, Terna mainly produces and sells electricity transformers. The company has also made efforts to expand its operations into Italy's neighboring countries and North Africa.
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