Upcoming REN - Redes Energéticas Nacionais dividend
Change(%)
-28.89%
Decrease
Next payment 0.064€
Next payment date Dec 20, 2024
Last payment 0.09€
Last payment date May 31, 2024
00 D 00 H 00 M 00 S
Ex-Dividend: 12/18/24
Confirmed

Shareholders of REN - Redes Energéticas Nacionais can expect a dividend of 0,064 euros per share on December 20, 2024, with an associated yield of 2.41%.

The Last Trading Day (December 17, 2024) is crucial to qualify for dividends.

The dividend from REN - Redes Energéticas Nacionais, 0.09 euros, was credited on May 31, 2024, following the ex-dividend on May 29, 2024.

REN. Redes Energéticas Nacionais, SGPS, S.A., listed on the main stock markets of Portugal, Germany and the United Kingdom, under the stock exchange nomenclature RENE, has more than ten years of uninterrupted dividend payments, beginning in 2008 and stable since then.

The company fixed the value of the amount for several periods at the same amount, but as of 2022 has presented fluctuations, also changing the disbursement schedule from annual to semiannual, currently delivering two installments, one in May and the other in December, reaching a yield of 6.45%.

Payout Ratio REN - Redes Energéticas Nacionais Dividends

REN - Redes Energéticas Nacionais paid 6% of its net income in the last fiscal period as dividends.
REN - Redes Energéticas Nacionais's earnings (982,867,008.00€) are sufficient to cover the dividend payment. This payment represents 6% of the total net profit of RENE.
Dividend payout ratio
Payout Ratio

Dividend calendar of REN - Redes Energéticas Nacionais

These are the most important events of the REN - Redes Energéticas Nacionais calendar in 2025:

Event Day
Last trading date December 17, 2024
Ex-Dividend (Ex-Date) December 18, 2024
Record date December 19, 2024
Date of payment December 20, 2024
Data confirmed by the company REN - Redes Energéticas Nacionais (RENE).
Confirmed
Source
Dividend yield of REN - Redes Energéticas Nacionais vs. the sector
REN - Redes Energéticas Nacionais's dividend yield (5.80%) is above the sector average (3.88%).
Comparison with industry average
REN - Redes Energéticas Nacionais's dividend yield is between the top 25% (6.21%) and top 75% (0.00%) of the sector.
Evaluation with respect to competence.

Information about REN - Redes Energéticas Nacionais

Full name REN - Redes Energéticas Nacionais, SGPS, S.A.
Ticker RENE
Sector Public Services
Industry Utilities - Diversified
Market Capitalization 1.78B €
ISIN PTREL0AM0008
Number of Employees 758
Description of the company

Redes Energéticas Nacionais, SGPS, S.A., also known as REN, is a Portuguese company in charge of the overall management of the public electricity distribution service system, operating and developing projects in the very high voltage network throughout the territory, as well as in the transportation of natural gas, in charge of the management of the high pressure system, the reception and storage of the same, being considered as the second most important company in Portugal in this market which operates through the subsidiary REN Portgás.

Its origins date back to 1947 with the founding of the National Electricity Company CNE, creating in 1994 the foundation REN - Rede Elétrica Nacional, SA, as part of the EDP group, obtaining in 2000 a 50-year concession, thus becoming an autonomous company, acquiring, six years later, natural gas transmission assets from Galp, which has a duration of 40 years, going through several stages of reprivatization, subsequently buying assets and gas and energy businesses.

The company is responsible for managing the transmission of very high voltage electricity in Portugal, as well as the technical maintenance of the National Electricity System SEN, also managing the balance between available capacity and consumption. In addition, thanks to the concession received from the Portuguese state, the company has the power to plan, build, maintain and operate the National Transmission Network (RNT).

In addition, the company develops a series of complementary activities associated with the energy and telecommunications sector, through other subsidiaries such as RENtelecom, El Laboratorio de Metrología de REN Gasodutos, SA, Consultancy and Services, Guarantees of Origin and REN - Trading.

Frequently asked questions about REN - Redes Energéticas Nacionais dividends

REN - Redes Energéticas Nacionais is listed on the Euronext Lisbon and is part of the PSI 20.

REN - Redes Energéticas Nacionais has the Ticker or stock code RENE.

The CEO of REN - Redes Energéticas Nacionais in 2025 is Mr. Rodrigo Jorge de Araújo Costa.

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