▷ Cellnex Telecom Dividends 【Calendar 2024】

Upcoming Cellnex Telecom dividend

Change(%)

0.00%

No change

Next payment 0.04035€

Next payment date Nov 23, 2023

Last payment 0.04035€

Last payment date Nov 23, 2023

00 D 00 H 00 M 00 S

Ex-Dividend: 11/21/23

Confirmed

When are the upcoming Cellnex Telecom dividends in 2024?

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Investors in Cellnex Telecom will see a dividend of 0,04035 euros per share credited to their accounts on November 23, 2023.

What is the last day to buy Cellnex Telecom stocks and get dividends?

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For those aspiring to dividends from Cellnex Telecom (CLNX), it's essential to buy before the Ex-dividend Date, November 21, 2023, and be on the records for the Record Date, November 22, 2023.

Last Cellnex Telecom dividend

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Cellnex Telecom (CLNX) paid 0.04035 euros in dividends on November 23, 2023.

Dividend policy of Cellnex Telecom

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Since 2015, Cellnex has maintained a regular dividend policy, maintaining a stable dividend amount. They have divided the payment process into two dates, one in the middle of the year and the other at the end.

In both 2021 and 2022, Cellnex has increased its level of growth thanks to the constant acquisition of projects.

Consequently, we would expect the company to maintain its shareholder remuneration ratio.

Payout Ratio Cellnex Telecom Dividends

Cellnex Telecom paid 98% of its net income in the last fiscal period as dividends.

Cellnex Telecom's earnings (3,863,076,096.00€) are sufficient to cover the dividend payment. This payment represents 98% of the total net profit of CLNX.

Dividend payout ratio Payout Ratio

Dividend calendar of Cellnex Telecom

These are the most important events of the Cellnex Telecom calendar in 2024:

Event	Day
Last trading date	November 20, 2023
Ex-Dividend (Ex-Date)	November 21, 2023
Record date	November 22, 2023
Date of payment	November 23, 2023

Data confirmed by the company Cellnex Telecom (CLNX).

Confirmed Source

Historical annual dividend yields of Cellnex Telecom

Over the past 5 years, Cellnex Telecom has not consistently increased the annual dividend amount.

Increasing Dividends Dividend yield

Dividend yield of Cellnex Telecom vs. the sector

Cellnex Telecom's dividend yield (0.18%) is below the sector average (3.72%).

Comparison with industry average

Cellnex Telecom's dividend yield is between the top 25% (4.98%) and top 75% (0.17%) of the sector.

Evaluation with respect to competence.

Dividend yield history in Cellnex Telecom

Over the past 5 years, Cellnex Telecom's annual dividend income has fallen by more than 10%.

Dividend stability

Dividend history of Cellnex Telecom

In this table you can see the complete history:

Year	Ex-Dividend	Amount	Total
2023	11/21/2023 06/14/2023	0.04035 € 0.01676 €	0.05711 €
2022	06/15/2022	0.01761 €	0.01761 €
2021	11/02/2021 06/15/2021	0.03004 € 0.0174 €	0.04744 €
2020	11/23/2020 06/25/2020	0.033234 € 0.026486 €	0.05972 €
2019	11/20/2019 07/08/2019	0.033179 € 0.031974 €	0.065153 €
2018	11/20/2018 07/10/2018	0.040722 € 0.038819 €	0.079541 €
2017	12/12/2017 05/15/2017 05/09/2017	0.033491 € 0.0437 € 0.032216 €	0.109407 €
2016	12/14/2016 07/11/2016	0.033491 € 0.035774 €	0.069265 €
2015	12/03/2015	0.030446 €	0.030446 €

Cellnex Telecom dividend capture strategy

Step 1: Buy Cellnex Telecom shares (CLNX) one day before ex-dividend date

Date of purchase Nov 20, 2023

Next ex-dividend date Nov 21, 2023

Step 2: Sell Cellnex Telecom shares (CLNX) when the price recovers.

Date of sale (estimated) Nov 21, 2023

Average price recovery 0 days

Average return on cost N/A

The dividend capture strategy is based on historical Cellnex Telecom data. Past performance is no guarantee of future results.

Information about Cellnex Telecom

Full name Cellnex Telecom, S.A.

Ticker CLNX

Sector Real Estate

Industry Real Estate Services

Market Capitalization 22.15B €

Number of Employees 3,018

Description of the company

Cellnex Telecom is a Spanish telecommunications company headquartered in Barcelona, focused on the ownership, construction, installation, operation and leasing of telecommunications towers and/or sites.

It is one of the leading telecommunications infrastructure operators in Europe with a portfolio of more than 70,000 different sites.

It has a strong impact in many European countries, including Spain, Italy, France, the Netherlands, the United Kingdom, Ireland, Switzerland and Portugal.