Upcoming Red Eléctrica dividend
Change(%)
-72.50%
Decrease
Next payment 0.2€
Next payment date Jan 7, 2025
Last payment 0.7273€
Last payment date Jul 1, 2024
00 D 00 H 00 M 00 S
Ex-Dividend: 1/3/25
Confirmed

Red Eléctrica has scheduled the next dividend payment for January 7, 2025, with an amount of 0,2 euros per share.

To be eligible for dividends from Red Eléctrica (RED), buy before the Ex-dividend Date, January 3, 2025, and check your status for the Record Date, January 6, 2025.

Red Eléctrica made a dividend payment to its shareholders, being the amount 0.7273 euros, on July 1, 2024.

Red Eléctrica has maintained a stable dividend distribution policy in recent years, paying an annual dividend of close to one euro. The distribution for the year is divided into two dates: one in January and the other in July.

In addition, Red Eléctrica announced an increase in shareholder remuneration in 2023 by paying 1 euro per share. This implies an increase of 0.20 euros compared to the amount established by the group in its Strategic Plan from 2021 to 2025.

This decision followed the sale of a 49% minority stake in one of its subsidiaries (Reintel) for EUR 995.6 million.

Payout Ratio Red Eléctrica Dividends

Red Eléctrica paid 9% of its net income in the last fiscal period as dividends.
Red Eléctrica's earnings (1,942,722,944.00€) are sufficient to cover the dividend payment. This payment represents 9% of the total net profit of RED.
Dividend payout ratio
Payout Ratio

Dividend calendar of Red Eléctrica

These are the most important events of the Red Eléctrica calendar in 2025:

Event Day
Last trading date January 2, 2025
Ex-Dividend (Ex-Date) January 3, 2025
Record date January 6, 2025
Date of payment January 7, 2025
Data confirmed by the company Red Eléctrica (RED).
Confirmed
Source
Dividend yield of Red Eléctrica vs. the sector
Red Eléctrica's dividend yield (5.65%) is below the sector average (6.50%).
Comparison with industry average
Red Eléctrica's dividend yield is between the top 25% (12.46%) and top 75% (3.63%) of the sector.
Evaluation with respect to competence.

Information about Red Eléctrica

Full name Redeia Corporación, S.A.
Ticker RED
Sector Public Services
Industry Utilities - Regulated Electric
Market Capitalization 8.92B €
Number of Employees 2,482
Description of the company

Red Eléctrica de España (REE) is a Spanish company engaged in the transmission and management of the electricity system in Spain. It currently belongs to the IBEX35 and is listed on both the Madrid Stock Exchange and the New York Stock Exchange.

It is responsible for guaranteeing the electricity supply throughout Spain and ensuring the security of the national electricity system. It is also regulated by the Ministry of Ecological Transition and the Spanish Government.

The company, privatized in 1999, currently has a transmission network of more than 22,000 kilometers, connecting all regions of Spain. It is also present in other European and Latin American countries through its subsidiaries.

In the last year Red Eléctrica Group has changed its name to Redeia.

Frequently asked questions about Red Eléctrica dividends

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

Red Eléctrica has the Ticker or stock code RED.

The CEO of Red Eléctrica in 2025 is Mr. Roberto García Merino.

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