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Iren SpA (MIL:IRE) 3-Year Dividend Growth Rate : 5.80% (As of Dec. 2023)


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What is Iren SpA 3-Year Dividend Growth Rate?

Iren SpA's Dividends per Share for the three months ended in Dec. 2023 was €0.00.

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

MIL:IRE' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -46.5   Med: 7.7   Max: 58.7
Current: 5.8

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Iren SpA was 58.70% per year. The lowest was -46.50% per year. And the median was 7.70% per year.

MIL:IRE's 3-Year Dividend Growth Rate is ranked better than
54.73% of 296 companies
in the Utilities - Regulated industry
Industry Median: 5.1 vs MIL:IRE: 5.80

During the past 12 months, Iren SpA's average Dividends Per Share Growth Rate was 4.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.20% 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.

Iren SpA's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00. As of today, Iren SpA's Dividend Yield % is 6.02%.

Warning Sign:

Iren SpA stock dividend yield is close to 1-year low.

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


Competitive Comparison of Iren SpA's 3-Year Dividend Growth Rate

For the Utilities - Diversified subindustry, Iren 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.


Iren SpA's 3-Year Dividend Growth Rate Distribution in the Utilities - Regulated Industry

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

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



Iren 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.


Iren SpA  (MIL:IRE) 3-Year Dividend Growth Rate Explanation

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

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

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0/ 0.061
=0.00

During the past 13 years, the highest Dividend Payout Ratio of Iren SpA was 0.68. The lowest was 0.26. And the median was 0.41.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Iren SpA Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
EUR 0.1100002023-06-192023-06-202023-06-21Cash 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.

Iren SpA's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.11/1.827
=6.02 %

Current Share Price is €1.827.
Iren SpA's Dividends per Share for the trailing twelve months (TTM) ended in Today is €0.11.

During the past 13 years, the highest Dividend Yield of Iren SpA was 13.10%. The lowest was 1.48%. And the median was 3.84%.

Warning Sign:

Iren SpA stock dividend yield is close to 1-year low.

* 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.


Iren SpA 3-Year Dividend Growth Rate Related Terms>


Iren SpA (MIL:IRE) Business Description

Industry
Traded in Other Exchanges
Address
Via Nubi di Magellano, 30, Reggio Emilia, ITA, 42123
Iren SpA is a multi-service Italian utilities holding company that produces and distributes electricity and natural gas. It also provides district heating, water, and environmental services. Iren has five operating companies that include Iren Acqua Gas, Iren Energia (electricity and thermal production), Iren Mercato (sale of electricity, gas, and district heating), Iren Emilia (gas distribution), and Iren Ambiente (environmental services). The company primarily uses hydroelectric, cogeneration, and wind power as energy sources. The majority of revenue is derived from the distribution and sale of electricity and natural gas products and services.

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