Upcoming ERG dividend
Change(%)
0.00%
No change
Next payment 1€
Next payment date May 22, 2024
Last payment 1.0€
Last payment date May 24, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 5/20/24
Confirmed

Investors in ERG (ERG) will enjoy a dividend of 1 euros per share on May 22, 2024, yielding 4.99%.

To be part of the beneficiaries of dividends from ERG, you must buy shares before May 20, 2024 and stay until after the Record Date, May 21, 2024.

ERG provided its investors with 1.0 euros in dividends on May 24, 2023.

ERG S.p.A., listed on the Italian stock exchange, specifically on the Milan stock exchange and on the BATS EU, using the stock exchange name ERG, started paying dividends to its shareholders as of 2018, continuing on a stable basis.

The value of the amount remained fixed for several periods, increasing slightly in the last installments, deposited in a single installment, usually in the last days of May, reaching a yield of 3.54%.

Payout Ratio ERG Dividends

ERG paid 6% of its net income in the last fiscal period as dividends.
ERG's earnings (757,260,032.00€) are sufficient to cover the dividend payment. This payment represents 6% of the total net profit of ERG.
Dividend payout ratio
Payout Ratio

Dividend calendar of ERG

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

Event Day
Last trading date May 17, 2024
Ex-Dividend (Ex-Date) May 20, 2024
Record date May 21, 2024
Date of payment May 22, 2024
Data confirmed by the company ERG (ERG).
Confirmed
Source
Historical annual dividend yields of ERG
Over the past 5 years, ERG has not consistently increased the annual dividend amount.
Increasing Dividends
Dividend yield
Dividend yield of ERG vs. the sector
ERG's dividend yield (4.95%) is above the sector average (3.73%).
Comparison with industry average
ERG's dividend yield is between the top 25% (6.13%) and top 75% (0.00%) of the sector.
Evaluation with respect to competence.
Dividend yield history in ERG
In the last 5 years, ERG's annual dividend amount has not fallen more than 10%.
Dividend stability

Dividend history of ERG

In this table you can see the complete history:

YearEx-DividendAmountTotal
2023
05/22/2023
1. €
1 €
2022
05/23/2022
0.9 €
0.9 €
2021
05/24/2021
0.75 €
0.75 €
2020
05/18/2020
0.75 €
0.75 €
2019
05/20/2019
0.75 €
0.75 €
2018
05/21/2018
0.4 €
0.4 €
2017
05/22/2017
0.5 €
0.5 €
2016
05/23/2016
0.5 €
0.5 €
2015
05/18/2015
0.5 €
0.5 €
2014
05/19/2014
0.5 €
0.5 €
2013
05/20/2013
0.4 €
0.4 €
2012
05/21/2012
0.4 €
0.4 €
2011
05/23/2011
0.4 €
0.4 €
2010
05/24/2010
0.4 €
0.4 €
2009
05/18/2009
0.9 €
0.9 €
2008
05/19/2008
0.4 €
0.4 €
2007
05/07/2007
0.4 €
0.4 €
2006
05/08/2006
0.4 €
0.4 €
2005
05/02/2005
0.3 €
0.3 €
2004
05/03/2004
0.2 €
0.2 €
2003
05/05/2003
0.2 €
0.2 €
2002
05/06/2002
0.2 €
0.2 €
2001
05/07/2001
0.1548 €
0.1548 €
2000
05/08/2000
0.06192 €
0.06192 €
1999
05/10/1999
0.06192 €
0.06192 €
ERG dividend capture strategy
Step 1: Buy ERG shares (ERG) one day before ex-dividend date
Date of purchase May 17, 2024
Next ex-dividend date May 20, 2024
Step 2: Sell ERG shares (ERG) 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 ERG data. Past performance is no guarantee of future results.

Information about ERG

Full name ERG S.p.A.
Ticker ERG
Sector Public Services
Industry Utilities - Renewable
Market Capitalization 2.95B €
ISIN IT0001157020
Description of the company

ERG S.p.A., a group originally dedicated to the oil sector and power generation, has modified its business to focus on the production of energy from sustainable and renewable sources, including hydroelectric, photovoltaic and thermoelectric, seeking to devise solutions to reduce the environmental impact, achieving impressive results by reducing its CO2 impact by 88% in the last ten years.

It was founded in 1938 focusing on the sale of petroleum and tar products, taking its name from the initials of its founder Edoardo Raffinerie Garrone. In 1984 it began to grow internationally and to expand its activities into the fuel distribution sector, acquiring thousands of service stations and establishing a wide network throughout Italy.

In 2000 they began to generate electricity, transforming the business towards renewable sources in 2006, starting with the management of some wind power plants, continuing with a process of consolidation in the sector by incorporating other sources such as solar and hydroelectric, so they implemented a strategy of divestment in the oil division to focus mainly on renewables.

The Group's organizational structure is organized into Engineering Development, Business Development and Mergers & Acquisitions, Administration, Finance, Controlling and Procurement, Corporate and Legal Affairs, Regulatory and Public Affairs, Human Capital, ICT and ESG, IR and Communication.

Frequently asked questions about ERG dividends

ERG pays dividends on a Anual basis.

ERG is listed on the Borsa Italiana and is part of the FTSE MIB.

ERG has the Ticker or stock code ERG.

The CEO of ERG in 2024 is Dr. Edoardo Garrone.

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

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