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Italgas SpA (MIL:IG) 3-Year Dividend Growth Rate

: 8.00% (As of Jun. 2023)
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Italgas SpA's Dividends per Share for the six months ended in Jun. 2023 was €0.32.

The historical rank and industry rank for Italgas SpA's 3-Year Dividend Growth Rate or its related term are showing as below:

MIL:IG' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 8   Med: 8.6   Max: 10
Current: 8

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.

MIL:IG's 3-Year Dividend Growth Rate is ranked better than
65.31% of 294 companies
in the Utilities - Regulated industry
Industry Median: 5 vs MIL:IG: 8.00

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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Italgas SpA's Dividend Payout Ratio for the six months ended in Jun. 2023 was 1.14. As of today, Italgas SpA's Dividend Yield % is 6.17%.

Good Sign:

Italgas SpA stock dividend yield is close to 10-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Utilities - Regulated Gas subindustry, Italgas SpA's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate Distribution

For the Utilities - Regulated industry and Utilities sector, Italgas SpA's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Italgas SpA's 3-Year Dividend Growth Rate falls into.



Italgas SpA 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Italgas SpA  (MIL:IG) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Italgas SpA's Dividend Payout Ratio for the quarter that ended in Jun. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2023 )/ EPS without NRI (Q: Jun. 2023 )
=0.317/ 0.277
=1.14

During the past 8 years, the highest Dividend Payout Ratio of Italgas SpA was 0.62. The lowest was 0.45. And the median was 0.54.

2. 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 0.3172023-05-222023-05-232023-05-24Cash DividendannuallyEUR: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 Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.317/5.135
=6.17 %

Current Share Price is €5.135.
Italgas SpA's Dividends per Share for the trailing twelve months (TTM) ended in Today is €0.317.

During the past 8 years, the highest Dividend Yield of Italgas SpA was 6.27%. The lowest was 3.35%. And the median was 4.57%.

Good Sign:

Italgas SpA stock dividend yield is close to 10-year high.

* 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.


Italgas SpA 3-Year Dividend Growth Rate Related Terms>


Italgas SpA (MIL:IG) Business Description

Traded in Other Exchanges
Address
Via Carlo Bo 11, Milano, ITA, 20143
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.

Italgas SpA (MIL:IG) Headlines

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