Eni SpA (BUE:E) Dividend Payout Ratio: 2.98 (As of Mar. 2026) — 287% Above Median


BUE:E Eni SpA BUE:E
52 GF Score
Price ARS18,360.00
GF Value ARS12,715.53
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Eni SpA Dividend Payout Ratio?

Eni SpA BUE:E +2.80% 52 Dividend Payout Ratio is 2.98 as of Mar. 2026, which is 287% above its 10-year median of 0.77. GuruFocus rates BUE:E with a GF Score™ of 52/100 and a GF Value™ of ARS12,715.53 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 433 Oil & Gas companies, Eni SpA ranks worse than 84.06% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Eni SpA's Dividend Payout Ratio for the months ended in Mar. 2026 was 2.98.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Eni SpA is 1.15, which seems too high.

The historical rank and industry rank for Eni SpA's Dividend Payout Ratio or its related term are showing as below:

BUE:E' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.77   Max: 1.27
Current: 1.27

During the past 13 years, the highest Dividend Payout Ratio of Eni SpA was 1.27. The lowest was 0.23. And the median was 0.77.

BUE:E's Dividend Payout Ratio is ranked worse than
84.06% of 433 companies
in the Oil & Gas industry
Industry Median: 0.5 vs BUE:E: 1.27

As of today (2026-07-03), the Dividend Yield % of Eni SpA is 4.88%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Eni SpA was 12.86%. The lowest was 3.29%. And the median was 5.95%.

Eni SpA's Dividends per Share for the months ended in Mar. 2026 was ARS212.52.

During the past 12 months, Eni SpA's average Dividends Per Share Growth Rate was 5.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Eni SpA was 21.60% per year. The lowest was -11.70% per year. And the median was 0.00% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Eni SpA (BUE:E) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Eni SpA Dividend Payout Ratio Related Terms

Eni SpA Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Eni SpA's Dividend Payout Ratio can be seen below:

* 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.

Eni SpA Dividend Payout Ratio Chart

Eni SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.23 0.37 0.75 1.17

Eni SpA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.69 0.40 1.16 26.05 2.98

BUE:E vs XOM, CVX: Dividend Payout Ratio Comparison

For the Oil & Gas Integrated subindustry, Eni SpA's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Eni SpA Dividend Payout Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Eni SpA's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Eni SpA's Dividend Payout Ratio falls into.


BUE:E
52GF Score
Eni SpA BUE:E
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eni SpA Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Eni SpA's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=867.662/ 739.824
=1.17

Eni SpA's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=212.524/ 71.333
=2.98

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 2.98 mean?
Eni SpA (BUE:E) has a Dividend Payout Ratio of 2.98 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Eni SpA and its competitors. This is 287% above median its historical median of 0.77. Over the past decade, Eni SpA's Dividend Payout Ratio has ranged from 0.23 to 1.27. According to the industry distribution chart, Eni SpA ranks #364 out of 433 companies in the Oil & Gas industry, placing it in the top 84.1%.
Is Eni SpA's Dividend Payout Ratio too high?
Eni SpA's current Dividend Payout Ratio of 2.98 is 287% above median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 1.27. The Oil & Gas industry median Dividend Payout Ratio is 0.50. Eni SpA's value of 2.98 is 496% above this industry median. Based on the distribution chart, Eni SpA ranks #364 out of 433 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Eni SpA has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eni SpA's Dividend Payout Ratio compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Eni SpA ranks #364 out of 433 companies for Dividend Payout Ratio. This places Eni SpA in the lower half of its industry. The industry median Dividend Payout Ratio is 0.50. Eni SpA's value of 2.98 is 496% above this benchmark. Historically, Eni SpA's own Dividend Payout Ratio has ranged from 0.23 to 1.27 over the past decade. While the company's 10-year median is 0.77 vs. the industry median of 0.50, Eni SpA has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Oil & Gas company?
The median Dividend Payout Ratio among Oil & Gas companies is 0.50, based on 433 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Eni SpA's current Dividend Payout Ratio of 2.98 is 496% 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Eni SpA and its competitors. For the Oil & Gas industry, the median Dividend Payout Ratio is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eni SpA's current Dividend Payout Ratio is 2.98, which is 287% above median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eni SpA stock overvalued right now?
Based on GuruFocus' analysis, Eni SpA (BUE:E) is currently considered Significantly Overvalued. The stock's GF Value™ is ARS12,715.53, compared to a current price of ARS18,360.00 — trading 44.4% above its estimated fair value. The current Dividend Payout Ratio is 2.98, which is 287% above median its 10-year median of 0.77 and 496% above the Oil & Gas industry median of 0.50. Eni SpA's overall GF Score™ is 52/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Eni SpA (BUE:E), the current Dividend Payout Ratio is 2.98 as of Mar. 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 Eni SpA (BUE:E) Overvalued in 2026?

Based on GuruFocus' analysis, Eni SpA stock appears to be overvalued. The current stock price of ARS18,360.00 is trading 44.4% above its estimated GF Value™ of ARS12,715.53. GuruFocus considers Eni SpA to be Significantly Overvalued.

Key valuation signals for BUE:E:

  • Dividend Payout Ratio: 2.98 (287% above median its 10-year median of 0.77)
  • GF Value™: ARS12,715.53 vs. price of ARS18,360.00 (44.4% above fair value)
  • GF Score™: 52/100 with 4 warning signs
  • Industry Position: 496% above the Oil & Gas median (#364 of 433)

No single metric tells the full story. See the BUE:E stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Eni SpA Business Description

Industry EnergyOil & Gas
Address 1, Piazzale Enrico Mattei, Rome, ITA, 00144
Eni is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2025, the company produced 0.8 million barrels of liquids and 4.6 billion cubic feet of natural gas per day. At year-end 2025, Eni held reserves of 6.9 billion barrels of oil equivalent, 44% of which are liquids. The Italian government owns a 33.1% stake in the company. Plentitude, Eni's renewable and low-carbon business, has 5.8 gigawatts of renewable power capacity, serves 10 million electricity customers, and operates 23,000 electric vehicle charging points.
52GF Score

Get the complete analysis for BUE:E

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

ARS18,360.00
Price
ARS12,715.53
GF Value