Italgas SpA (MIL:IG) Dividend Payout Ratio : 1.14 (As of Jun. 2023)

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What is Italgas SpA Dividend Payout Ratio?

Italgas SpA's dividend payout ratio for the months ended in Jun. 2023 was 1.14.

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

MIL:IG' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.45 Med: 0.54 Max: 0.62
Current: 0.57

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.

MIL:IG's Dividend Payout Ratio is ranked worse than
54.64% of 366 companies
in the Utilities - Regulated industry
Industry Median: 0.515 vs MIL:IG: 0.57

As of today (2024-05-21), the Dividend Yield % of Italgas SpA is 6.98%.

During the past 8 years, the highest Trailing Annual Dividend Yield of Italgas SpA was 6.98%. The lowest was 3.35%. And the median was 4.58%.

Italgas SpA's Dividends per Share for the months ended in Jun. 2023 was €0.32.

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.

Italgas SpA Dividend Payout Ratio Historical Data

The historical data trend for Italgas 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.

* Premium members only.

Italgas SpA Dividend Payout Ratio Chart

Italgas SpA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.45

0.53

0.61

0.62

0.59

Italgas SpA Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial										-	1.29	-	1.14	-

Competitive Comparison of Italgas SpA's Dividend Payout Ratio

For the Utilities - Regulated Gas subindustry, Italgas 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.

Italgas SpA's Dividend Payout Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Italgas SpA's Dividend Payout Ratio distribution charts can be found below:

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

Italgas SpA Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Italgas SpA's Dividend Payout Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2022 )	/	EPS without NRI (A: Dec. 2022 )
	=	0.295	/	0.478
	=	0.62

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

Italgas SpA (MIL:IG) Dividend Payout Ratio Explanation

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 Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Italgas SpA's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Italgas SpA (MIL:IG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Italgas SpA (MIL:IG) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

ITGGF:USA IGm:UK 0RK1:UK I10:Germany

Address

Via Carlo Bo 11, Milano, ITA, 20143

Website

https://www.italgas.it

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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