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Iren SpA (MIL:IRE) Dividend Yield % : 6.02% (As of May. 12, 2024)


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What is Iren SpA Dividend Yield %?

As of today (2024-05-12), the Trailing Annual Dividend Yield of Iren SpA is 6.02%.

The historical rank and industry rank for Iren SpA's Dividend Yield % or its related term are showing as below:

MIL:IRE' s Dividend Yield % Range Over the Past 10 Years
Min: 1.48   Med: 3.84   Max: 13.1
Current: 6.02

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%.

MIL:IRE's Dividend Yield % is ranked better than
75.41% of 427 companies
in the Utilities - Regulated industry
Industry Median: 3.86 vs MIL:IRE: 6.02

Iren SpA's Dividend Payout Ratio for the three months ended in Dec. 2023 was 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.

As of today (2024-05-12), the Forward Dividend Yield % of Iren SpA is 6.50%.

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

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.

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.

The growth rate is calculated with least square regression.

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


Iren SpA Dividend Yield % Historical Data

The historical data trend for Iren SpA's Dividend Yield % 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.

Iren SpA Dividend Yield % Chart

Iren SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.04 4.35 3.58 7.10 5.58

Iren SpA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % 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 7.10 5.95 6.47 6.03 5.58

Competitive Comparison of Iren SpA's Dividend Yield %

For the Utilities - Diversified subindustry, Iren SpA's Dividend Yield %, along with its competitors' market caps and 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.


Iren SpA's Dividend Yield % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Iren SpA's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Iren SpA's Dividend Yield % falls into.



Iren SpA Dividend Yield % Calculation

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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual 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.

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

Forward Annual Dividend Yield=Forward 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 forward twelve months is calculated as €0.11 * 1 = €0.11.

* 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  (MIL:IRE) Dividend Yield % Explanation

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Iren SpA Dividend Yield % Related Terms

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


Iren SpA (MIL:IRE) Business Description

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.

Iren SpA (MIL:IRE) Headlines

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