Upcoming Galp Energia dividend
Change(%)
+29.63%
Increase
Next payment 0.35€
Next payment date Mar 7, 2024
Last payment 0.27€
Last payment date Aug 25, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 3/5/24
Estimated

Galp Energia, on March 7, 2024, will reward its shareholders with a dividend per share of 0,35 euros, translating into a yield of 1.82%.

If you want dividends from Galp Energia, buy before March 5, 2024. Shareholders registered up to the Record Date, March 6, 2024, will be eligible.

Galp Energia distributed 0.27 euros per share in the form of a dividend on August 25, 2023.

Galp Energia SGPS S.A., which is listed on the most recognized stock exchange in the United Kingdom, the United States and Portugal, and is known by the stock exchange nomenclature GALP, began paying dividends to its shareholders in 2007, maintaining a stable performance since then, with a history of more than 15 years of uninterrupted payments.

In recent periods, it has rounded off the interest rate with a slight gradual increase, paying it semi-annually, in two installments, the first in May and the second between September and October, reaching an estimated yield of 6.30%.

Payout Ratio Galp Energia Dividends

Galp Energia paid 3% of its net income in the last fiscal period as dividends.
Galp Energia's earnings (20,697,999,360.00€) are sufficient to cover the dividend payment. This payment represents 3% of the total net profit of GALP.
Dividend payout ratio
Payout Ratio

Dividend calendar of Galp Energia

These are the most important events of the Galp Energia calendar in 2024:

Event Day
Last trading date March 4, 2024
Ex-Dividend (Ex-Date) March 5, 2024
Record date March 6, 2024
Date of payment March 7, 2024
Data pending official confirmation from the company Galp Energia (GALP).
Estimated
Source
Historical annual dividend yields of Galp Energia
Over the past 5 years, Galp Energia has not consistently increased the annual dividend amount.
Increasing Dividends
Dividend yield
Dividend yield of Galp Energia vs. the sector
Galp Energia's dividend yield (2.76%) is below the sector average (3.97%).
Comparison with industry average
Galp Energia's dividend yield is below the top 75% (3.97%) of the sector.
Evaluation with respect to competence.
Dividend yield history in Galp Energia
Over the past 5 years, Galp Energia's annual dividend income has fallen by more than 10%.
Dividend stability

Dividend history of Galp Energia

In this table you can see the complete history:

YearEx-DividendAmountTotal
2023
08/23/2023
05/19/2023
0.27 €
0.26 €
0.53 €
2022
09/16/2022
05/06/2022
0.264523 €
0.254349 €
0.518872 €
2021
09/14/2021
05/18/2021
0.254349 €
0.356089 €
0.610438 €
2020
05/19/2020
0.390426 €
0.390426 €
2019
09/06/2019
05/07/2019
0.321752 €
0.36372 €
0.685472 €
2018
09/18/2018
05/28/2018
0.279784 €
0.305219 €
0.585003 €
2017
09/19/2017
05/26/2017
0.254349 €
0.253161 €
0.50751 €
2016
09/22/2016
05/25/2016
0.253161 €
0.210968 €
0.464129 €
2015
09/22/2015
05/08/2015
0.210968 €
0.175806 €
0.386774 €
2014
09/15/2014
05/19/2014
0.175806 €
0.146505 €
0.322311 €
2013
09/13/2013
05/13/2013
0.146505 €
0.122088 €
0.268593 €
2012
09/13/2012
05/21/2012
0.122088 €
0.203479 €
0.325567 €
2011
06/23/2011
0.142436 €
0.142436 €
2010
09/20/2010
05/17/2010
0.061044 €
0.142436 €
0.20348 €
2009
10/19/2009
05/20/2009
0.061044 €
0.173314 €
0.234358 €
2008
10/17/2008
05/26/2008
0.152254 €
0.170923 €
0.323177 €
2007
11/02/2007
06/14/2007
0.154644 €
0.309289 €
0.463933 €
Galp Energia dividend capture strategy
Step 1: Buy Galp Energia shares (GALP) one day before ex-dividend date
Date of purchase Mar 4, 2024
Next ex-dividend date Mar 5, 2024
Step 2: Sell Galp Energia shares (GALP) when the price recovers.
Date of sale (estimated) Mar 13, 2024
Average price recovery 8 days
Average return on cost 2.64%
The dividend capture strategy is based on historical Galp Energia data. Past performance is no guarantee of future results.

Information about Galp Energia

Full name Galp Energia, SGPS, S.A.
Ticker GALP
Sector Energy
Industry Oil & Gas Integrated
Market Capitalization 14.85B €
ISIN PTGAL0AM0009
Number of Employees 6,715
Description of the company

Galp Energia SGPS S.A. is one of the largest companies in Portugal, responsible for approximately 50% of fuel sales and most of the refinery capacity in that market.

It has its origins in the creation of SONAP in 1933 and SACOR in 1937, which installs its first refinery in Cabo Ruivo, but after the Second World War, due to several financial problems, it receives an important intervention from the Portuguese state, buying four tankers for the company, constituting Soponata in 1947, with SACOR obtaining half of the market.

In 1963 SACOR and SONAP reached an administrative agreement and exchanged shares, being nationalized in 1974, together with Gas Lisboa, handed over to the former overseas provinces and creating the Sociedade de Gestão de Participações Galp, being privatized and assuming control of Petrogal and Gas Portugal.

In 2000 they implemented a strong expansion strategy in Spain, acquiring Esso and Eni, and also began operations in Brazil, collaborating in hydrocarbon exploration through Petrobras and in Angola through Sonangol.

The company is dedicated to treating and refining crude oil, deriving in various products, has direct presence in 10 countries, with more than 6,700 employees, reaching a market capitalization in 2022 of 10.28 billion euros.

Frequently asked questions about Galp Energia dividends

Galp Energia pays dividends on a Semestral basis.

Galp Energia is listed on the Euronext Lisbon and is part of the PSI 20.

Galp Energia has the Ticker or stock code GALP.

The CEO of Galp Energia in 2024 is Mr. Filipe Crisóstomo Silva.

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

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