Upcoming ENCE Energía y Celulosa dividend
Change(%)
-69.16%
Decrease
Next payment 0.033€
Next payment date Nov 7, 2024
Last payment 0.107€
Last payment date Aug 7, 2024
00 D 00 H 00 M 00 S
Ex-Dividend: 11/5/24
Confirmed

ENCE Energía y Celulosa announces that on November 7, 2024 it will distribute a dividend of 0,033 euros per share, offering a yield (1.01%) to its shareholders.

If you want dividends from ENCE Energía y Celulosa, buy before November 5, 2024. Shareholders registered up to the Record Date, November 6, 2024, will be eligible.

ENCE Energía y Celulosa paid a dividend of 0.107 euros on August 7, 2024, corresponding to a yield of 0.00%.

Ence announces the delivery of its dividends through its Board of Directors, which has defined that they will be delivered in two parts each year, with a possible third dividend to be granted in a complementary manner, as determined by the General Shareholders' Meeting.

This is subject to the fulfillment of the planned financial objectives, however, it has paid between two to three consecutive annual installments, with a variable yield, since it depends on the current share price.

Payout Ratio ENCE Energía y Celulosa Dividends

ENCE Energía y Celulosa paid 10% of its net income in the last fiscal period as dividends.
ENCE Energía y Celulosa's earnings (876,200,000.00€) are sufficient to cover the dividend payment. This payment represents 10% of the total net profit of ENC.
Dividend payout ratio
Payout Ratio

Dividend calendar of ENCE Energía y Celulosa

These are the most important events of the ENCE Energía y Celulosa calendar in 2025:

Event Day
Last trading date November 4, 2024
Ex-Dividend (Ex-Date) November 5, 2024
Record date November 6, 2024
Date of payment November 7, 2024
Data confirmed by the company ENCE Energía y Celulosa (ENC).
Confirmed
Source
Dividend yield of ENCE Energía y Celulosa vs. the sector
ENCE Energía y Celulosa's dividend yield (4.27%) is below the sector average (22.87%).
Comparison with industry average
ENCE Energía y Celulosa's dividend yield is below the top 75% (22.87%) of the sector.
Evaluation with respect to competence.

Information about ENCE Energía y Celulosa

Full name ENCE Energía y Celulosa, S.A.
Ticker ENC
Sector Basic Materials
Industry Paper & Paper Products
Market Capitalization 795.95 €
Number of Employees 1,262
Description of the company

Ence Energía y Celulosa, S. A., is a Spanish company dedicated to the pulp and renewable energy industry, through the transformation of wood logs obtained from the felling of forest crops for industrial use.

It began its activities as a public company, founded in 1957 called "Empresa Nacional de Celulosa de Pontevedra", merging ten years later with two other companies that performed the same function, one in Huelva and the other in Motril, but in 1994 it faced charges of ecological damage, for which practically its entire board of directors was affected.

In 2001 the company was privatized and positioned itself internationally, buying projects for pulp mill facilities, mainly in Argentina and Uruguay, although it was criticized for carrying out operations that were highly damaging to the environment, so in 2006 it began to carry out environmental improvement activities, allocating around 40 million euros for this purpose.

Its main headquarters is located in Madrid, with a production of pulp or eucalyptus cellulose pulp leader in the European market, in addition to this produces renewable energy from various processes, being renamed and redesigned in 2013 to its current corporate image with the intention of offering an image more associated with sustainability.

Frequently asked questions about ENCE Energía y Celulosa dividends

ENCE Energía y Celulosa is listed on the Madrid Stock Exchange and is part of the Ibex Medium.

ENCE Energía y Celulosa has the Ticker or stock code ENC.

The CEO of ENCE Energía y Celulosa in 2025 is Mr. Ignacio de Colmenares y Brunet.

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