Upcoming ENCE Energía y Celulosa dividend
Change(%)
-63.10%
Decrease
Next payment 0.107€
Next payment date Aug 7, 2024
Last payment 0.29€
Last payment date May 18, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 8/5/24
Confirmed

ENCE Energía y Celulosa announces that on August 7, 2024 it will distribute a dividend of 0,107 euros per share, offering a yield (3.65%) to its shareholders.

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

ENCE Energía y Celulosa paid a dividend of 0.29 euros on May 18, 2023, corresponding to a yield of 9.24%.

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

In the last fiscal period, ENCE Energía y Celulosa paid no dividends, resulting in a dividend payout ratio of 0%.
ENCE Energía y Celulosa has not distributed dividends in the last fiscal period, therefore, the payout ratio is 0%.
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 2024:

Event Day
Last trading date August 2, 2024
Ex-Dividend (Ex-Date) August 5, 2024
Record date August 6, 2024
Date of payment August 7, 2024
Data confirmed by the company ENCE Energía y Celulosa (ENC).
Confirmed
Source
Historical annual dividend yields of ENCE Energía y Celulosa
Over the past 5 years, ENCE Energía y Celulosa has not consistently distributed dividends.
Increasing Dividends
Dividend yield
Dividend yield of ENCE Energía y Celulosa vs. the sector
ENCE Energía y Celulosa's dividend yield (3.69%) 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.
Dividend yield history in ENCE Energía y Celulosa
Over the past 5 years, ENCE Energía y Celulosa has not consistently distributed dividends.
Dividend stability

Dividend history of ENCE Energía y Celulosa

In this table you can see the complete history:

YearEx-DividendAmountTotal
2024
08/05/2024
0.107 €
0.107 €
2023
05/16/2023
03/14/2023
0.29 €
0.29 €
0.58 €
2022
11/11/2022
08/10/2022
05/09/2022
0.09 €
0.13 €
0.054 €
0.274 €
2019
09/17/2019
04/09/2019
0.051 €
0.054 €
0.105 €
2018
12/14/2018
09/10/2018
04/10/2018
0.105 €
0.104 €
0.066 €
0.275 €
2017
12/12/2017
09/04/2017
04/12/2017
0.06 €
0.061 €
0.0473 €
0.1683 €
2016
11/29/2016
04/14/2016
0.032 €
0.1 €
0.132 €
2015
10/07/2015
05/08/2015
0.044 €
0.1 €
0.144 €
2014
07/11/2014
0.08 €
0.08 €
2013
04/03/2013
0.067879 €
0.067879 €
2012
05/08/2012
0.06355 €
0.06355 €
2011
05/09/2011
0.087424 €
0.087424 €
2008
06/30/2008
02/29/2008
0.082653 €
0.022959 €
0.105612 €
2007
10/02/2007
04/16/2007
02/13/2007
0.022959 €
0.088775 €
0.019898 €
0.131632 €
2006
10/09/2006
07/12/2006
02/13/2006
0.019898 €
0.052041 €
0.019898 €
0.091837 €
2005
10/07/2005
07/28/2005
06/20/2005
01/11/2005
0.019898 €
0.019898 €
0.045918 €
0.018367 €
0.104081 €
2004
10/15/2004
07/14/2004
06/23/2004
0.018367 €
0.018367 €
0.016837 €
0.053571 €
2003
12/26/2003
06/23/2003
0.033673 €
0.045918 €
0.079591 €
2002
12/27/2002
06/14/2002
0.022959 €
0.045918 €
0.068877 €
ENCE Energía y Celulosa dividend capture strategy
Step 1: Buy ENCE Energía y Celulosa shares (ENC) one day before ex-dividend date
Date of purchase Aug 2, 2024
Next ex-dividend date Aug 5, 2024
Step 2: Sell ENCE Energía y Celulosa shares (ENC) when the price recovers.
Date of sale (estimated) Sep 5, 2024
Average price recovery 31 days
Average return on cost 5.57%
The dividend capture strategy is based on historical ENCE Energía y Celulosa data. Past performance is no guarantee of future results.

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 710.54 €
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 2024 is Mr. Ignacio de Colmenares y Brunet.

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