Upcoming Enagás dividend
Change(%)
+48.57%
Increase
Next payment 1.04€
Next payment date Jul 4, 2024
Last payment 0.7€
Last payment date Dec 22, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 7/2/24
Confirmed

Enagás, on July 4, 2024, will reward its shareholders with a dividend per share of 1,04 euros, translating into a yield of 7.40%.

The Last Trading Day (July 1, 2024) marks your last chance to qualify for dividends.

On December 22, 2023, Enagás granted 0.7 euros, after its ex-dividend date on December 20, 2023.

Enagas' dividend policy has been changing over the last few years, so it is difficult to know the exact dates, but it usually makes two dividend payments a year, the first in July and the second in December.

You may elect to receive part in cash and part in shares, the shares are received before the last day of the calendar.

Enagas stands out for having a growing dividend, i.e., it has been paying out more each year for more than 10 years, between 1 and 5%.

For the next few years, specifically 2023, they expect to increase the dividend by 1% and therefore, we would be talking about 1.740 euros per share. Enagás also confirms that it will continue to raise the rate for 2024, 2025 and 2026.

In case of selling the allocation rights, the money is received on the third business day after the date of sale.

Payout Ratio Enagás Dividends

Enagás paid 12% of its net income in the last fiscal period as dividends.
Enagás's earnings (907,070,016.00€) are sufficient to cover the dividend payment. This payment represents 12% of the total net profit of ENG.
Dividend payout ratio
Payout Ratio

Dividend calendar of Enagás

These are the most important events of the Enagás calendar in 2024:

Event Day
Last trading date July 1, 2024
Ex-Dividend (Ex-Date) July 2, 2024
Record date July 3, 2024
Date of payment July 4, 2024
Data confirmed by the company Enagás (ENG).
Confirmed
Source
Historical annual dividend yields of Enagás
Over the past 5 years, Enagás has not consistently increased the annual dividend amount.
Increasing Dividends
Dividend yield
Dividend yield of Enagás vs. the sector
Enagás's dividend yield (14.86%) is above the sector average (5.66%).
Comparison with industry average
Enagás's dividend yield is among the top 25% (8.19%) of the sector.
Evaluation with respect to competence.
Dividend yield history in Enagás
Over the past 5 years, Enagás's annual dividend income has fallen by more than 10%.
Dividend stability

Dividend history of Enagás

In this table you can see the complete history:

YearEx-DividendAmountTotal
2023
12/20/2023
07/04/2023
0.696 €
1.032 €
1.728 €
2022
12/19/2022
07/05/2022
0.688 €
1.02 €
1.708 €
2021
12/17/2021
07/06/2021
0.68 €
1.008 €
1.688 €
2020
12/21/2020
07/07/2020
0.672 €
0.0296 €
0.7016 €
2019
12/19/2019
07/01/2019
0.64 €
0.918 €
1.558 €
2018
12/17/2018
07/03/2018
0.612 €
0.876 €
1.488 €
2017
12/19/2017
07/03/2017
0.584 €
0.834 €
1.418 €
2016
12/20/2016
06/30/2016
0.556 €
0.792 €
1.348 €
2015
12/17/2015
07/02/2015
0.528 €
0.78 €
1.308 €
2014
12/19/2014
07/03/2014
0.52 €
0.763627 €
1.283627 €
2013
12/19/2013
07/03/2013
0.503 €
0.684768 €
1.187768 €
2012
12/20/2012
07/05/2012
0.428 €
0.61181 €
1.03981 €
2011
12/21/2011
07/05/2011
0.381 €
0.526123 €
0.907123 €
2010
12/21/2010
07/05/2010
0.312 €
0.466027 €
0.778027 €
2009
12/22/2009
07/02/2009
01/12/2009
0.283 €
0.390641 €
0.26 €
0.933641 €
2008
07/03/2008
01/10/2008
0.358874 €
0.24 €
0.598874 €
2007
07/05/2007
01/11/2007
0.281809 €
0.19 €
0.471809 €
2006
07/06/2006
01/12/2006
0.239944 €
0.16 €
0.399944 €
2005
07/04/2005
01/12/2005
0.201175 €
0.13 €
0.331175 €
2004
07/07/2004
01/08/2004
0.17744 €
0.12 €
0.29744 €
2003
07/03/2003
01/17/2003
0.14053 €
0.09 €
0.23053 €
Enagás dividend capture strategy
Step 1: Buy Enagás shares (ENG) one day before ex-dividend date
Date of purchase Jul 1, 2024
Next ex-dividend date Jul 2, 2024
Step 2: Sell Enagás shares (ENG) when the price recovers.
Date of sale (estimated) Jul 2, 2024
Average price recovery 0 days
Average return on cost N/A
The dividend capture strategy is based on historical Enagás data. Past performance is no guarantee of future results.

Information about Enagás

Full name Enagás, S.A.
Ticker ENG
Sector Public Services
Industry Utilities - Regulated Gas
Market Capitalization 3.66B €
Number of Employees 1,390
Description of the company

Enagás is a Spanish company engaged in the operation, maintenance and development of natural gas infrastructure in Spain. Founded in 1985, the company is a benchmark in the energy sector, and is considered one of the country's leading natural gas companies.

Enagás is responsible for operating and maintaining more than 8,000 kilometers of natural gas transportation pipelines in Spain, in addition to a subway storage network. It is also responsible for connecting natural gas supplies with Europe through interconnections in France, Portugal and Andorra.

Enagas distributes regular dividends to its shareholders, and its dividend policy has been stable over the years.

Frequently asked questions about Enagás dividends

Enagás pays dividends on a Semestral basis.

Enagás is listed on the Madrid Stock Exchange and is part of the Ibex35.

Enagás has the Ticker or stock code ENG.

The CEO of Enagás in 2024 is Mr. Antonio Llarden Carratala.

Enagás does not have a growing dividend program. Dividends have not shown a steady growth in the last 5 years.

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