In this section of the page, you will find all the information you need to understand how Enagás (ENG) dividends work. In addition, you will be able to consult the payment date, the ex-dividend date, the last day to be entitled to the payment, the money to be received per share, the yield and any other doubts that may arise.

Upcoming Enagás dividend
Change(%)
-3.00%
Decrease
Next payment 0.695€
Next payment date Dec 19, 2023
Last payment 1.032€
Last payment date Jul 6, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 12/15/23
Estimated

Enagás will distribute 0,695 euros per share in the form of a dividend on December 19, 2023.

The December 15, 2023 is the ex-dividend date. So if you wish to receive Enagás dividends, you must buy one day before this date.

Enagás distributed 1.032 euros per share in the form of a dividend on July 6, 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 8% of its net income in the last fiscal period as dividends.
Dividend payout ratio

The dividend payout ratio, also known as the payout ratio, is an essential indicator for assessing the stability of a company's dividends. This ratio shows what proportion of the company's net profit is used to pay dividends to shareholders.

Dividend payout ratio = Total dividends ÷ Net income

Enagás's earnings (911,200,000.00€) are sufficient to cover the dividend payment. This payment represents 8% of the total net profit of ENG.
Dividend payout ratio
General recommendations

An appropriate payout ratio may vary depending on the industry, the company's growth stage and its financial health.

Payout Ratio

Dividend calendar of Enagás

This is the Dividend Calendar of Enagás in 2023.

Event Day
Last trading date December 14, 2023
Ex-Dividend (Ex-Date) December 15, 2023
Record date December 18, 2023
Date of payment December 19, 2023
Dividends schedule Enagás
Data pending official confirmation from the company Enagás (ENG).
Estimated
Estimation Policy

Our policy is based on extracting all the financial information available for each company so that our own algorithms weight this information, thus giving us a result as close as possible to the real data.

Source

Historical annual dividend yields of Enagás

Over the past 5 years, Enagás has not consistently increased the annual dividend amount.
Increasing Dividends
Increasing Dividend Program

For a company to have growing dividends by our standards, the annual dividend amount must have increased steadily for at least the last 5 years.

Dividend yield

Dividend yield of Enagás vs. the sector

Enagás's dividend yield (12.07%) is above the sector average (4.80%).
Comparison with industry average
Comparison with industry average

The company's dividend yield is compared to the industry average to determine its positioning.

Enagás's dividend yield is among the top 25% (7.16%) of the sector.
Evaluation with respect to competence.
Comparison with competitors

Imagine you have a list of dividend yields for different companies in an industry. If you look for the "top 25%% percentile", you will find a number. This number tells you that the top 25%% of the companies with the highest dividends have a yield higher than that number.

On the other hand, the "top 75%% percentile" shows you another number, which tells you that 75%% of the companies have a higher yield than that number, thus showing a more common and less high yield.

Dividend yield history in Enagás

Over the past 5 years, Enagás's annual dividend income has fallen by more than 10%.
Dividend stability
Dividend stability

For a company to have stable dividends by our standards, it is vital that it has not had an annual decline of more than 10% over the previous year.

Dividend history of Enagás

In this table you can see the dividend history of Enagás:

YearEx-DividendAmountTotal
2023
07/04/2023
1.032 €
1.032 €
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 €
Dividend history of Enagás

Enagás dividend capture strategy

Step 1: Buy Enagás shares (ENG) one day before ex-dividend date
Date of purchase Dec 14, 2023
Next ex-dividend date Dec 15, 2023
Step 2: Sell Enagás shares (ENG) when the price recovers.
Date of sale (estimated) N/A
Average price recovery N/A
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 4.49B €
ISIN N/A
Number of Employees 1,396
Address Paseo de los Olmos, 19, Madrid, 28005, Spain
Phone 34 91 709 92 30
Website https://www.enagas.es
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 Semiannual basis.

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

Enagás has the Ticker or stock code ENG.

Enagás belongs to the Public Services sector and the Utilities - Regulated Gas industry.

The CEO of Enagás in 2023 is Mr. Antonio Llarden Carratala.

At this moment, the value of a Enagás share is 17.18€.

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

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