In this section of the page, you will find all the information you need to understand how Telefónica (TEF) dividends work. In addition, you will be able to consult the payment date, the ex-dividend date, the last day to be entitled to the payment, the money to be received per share, the yield and any other doubts that may arise.
Upcoming Telefónica dividend
Change(%)
0.00%
No change
Next payment 0.15€
Next payment date Dec 14, 2023
Last payment 0.15€
Last payment date Jun 15, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 12/12/23
Confirmed

Telefónica will distribute 0,15 euros per share in the form of a dividend on December 14, 2023.

The December 12, 2023 is the ex-dividend date. So if you wish to receive Telefónica dividends, you must buy one day before this date.

Telefónica distributed 0.15 euros per share in the form of a dividend on June 15, 2023.

Telefónica's dividend policy has remained the same for several years, which is why we can predict the behavior of the company's next dividends.

These dividends will be delivered in two processes and the same amount will be distributed in both. The first delivery will be in June and the second in December (normally the first fortnight).

Payout Ratio Telefónica Dividends

Telefónica paid 11% of its net income in the last fiscal period as dividends.
Dividend payout ratio

The dividend payout ratio, also known as the payout ratio, is an essential indicator for assessing the stability of a company's dividends. This ratio shows what proportion of the company's net profit is used to pay dividends to shareholders.

Dividend payout ratio = Total dividends ÷ Net income

Telefónica's earnings (41,481,998,336.00€) are sufficient to cover the dividend payment. This payment represents 11% of the total net profit of TEF.
Dividend payout ratio
General recommendations

An appropriate payout ratio may vary depending on the industry, the company's growth stage and its financial health.

Payout Ratio

Dividend calendar of Telefónica

This is the Dividend Calendar of Telefónica in 2023.

Event Day
Last trading date December 11, 2023
Ex-Dividend (Ex-Date) December 12, 2023
Record date December 13, 2023
Date of payment December 14, 2023
Dividends schedule Telefónica
Data confirmed by the company Telefónica (TEF).
Confirmed
Estimation Policy

This data has been verified by Telefónica's General Shareholders' Meeting.

Source

Historical annual dividend yields of Telefónica

Over the past 5 years, Telefónica has not consistently increased the annual dividend amount.
Increasing Dividends
Increasing Dividend Program

For a company to have growing dividends by our standards, the annual dividend amount must have increased steadily for at least the last 5 years.

Dividend yield

Dividend yield of Telefónica vs. the sector

Telefónica's dividend yield (7.77%) is below the sector average (7.99%).
Comparison with industry average
Comparison with industry average

The company's dividend yield is compared to the industry average to determine its positioning.

Telefónica's dividend yield is below the top 75% (7.99%) of the sector.
Evaluation with respect to competence.
Comparison with competitors

Imagine you have a list of dividend yields for different companies in an industry. If you look for the "top 25%% percentile", you will find a number. This number tells you that the top 25%% of the companies with the highest dividends have a yield higher than that number.

On the other hand, the "top 75%% percentile" shows you another number, which tells you that 75%% of the companies have a higher yield than that number, thus showing a more common and less high yield.

Dividend yield history in Telefónica

Over the past 5 years, Telefónica's annual dividend income has fallen by more than 10%.
Dividend stability
Dividend stability

For a company to have stable dividends by our standards, it is vital that it has not had an annual decline of more than 10% over the previous year.

Dividend history of Telefónica

In this table you can see the dividend history of Telefónica:

YearEx-DividendAmountTotal
2023
06/13/2023
0.15 €
0.15 €
2022
12/14/2022
12/13/2022
06/13/2022
06/01/2022
0.15 €
0.15 €
0.15 €
0.148 €
0.598 €
2021
12/01/2021
06/01/2021
0.148 €
0.198 €
0.346 €
2020
12/11/2020
06/17/2020
0.194 €
0.193 €
0.387 €
2019
12/17/2019
06/18/2019
0.2 €
0.2 €
0.4 €
2018
12/18/2018
06/13/2018
0.2 €
0.2 €
0.4 €
2017
12/13/2017
12/12/2017
06/14/2017
0.2 €
0.2 €
0.2 €
0.6 €
2016
11/15/2016
05/16/2016
0.34 €
0.4 €
0.74 €
2015
11/18/2015
05/12/2015
0.345 €
0.4 €
0.745 €
2014
11/19/2014
05/07/2014
0.332194 €
0.39547 €
0.727664 €
2013
11/06/2013
0.346036 €
0.346036 €
2012
05/18/2012
0.281772 €
0.281772 €
2011
11/07/2011
05/06/2011
0.761279 €
0.741505 €
1.502784 €
2010
11/08/2010
05/11/2010
0.642638 €
0.642638 €
1.285276 €
2009
11/11/2009
05/12/2009
0.494337 €
0.494337 €
0.988674 €
2008
11/12/2008
05/13/2008
0.494337 €
0.39547 €
0.889807 €
2007
11/14/2007
05/17/2007
0.346036 €
0.296602 €
0.642638 €
2006
11/10/2006
05/12/2006
0.296602 €
0.247168 €
0.54377 €
2005
05/13/2005
0.227395 €
0.227395 €
2004
05/14/2004
0.197735 €
0.197735 €
2003
10/15/2003
07/03/2003
0.118641 €
0.128528 €
0.247169 €
Dividend history of Telefónica

Telefónica dividend capture strategy

Step 1: Buy Telefónica shares (TEF) one day before ex-dividend date
Date of purchase Dec 11, 2023
Next ex-dividend date Dec 12, 2023
Step 2: Sell Telefónica shares (TEF) when the price recovers.
Date of sale (estimated) Dec 27, 2023
Average price recovery 15 days
Average return on cost 3.83%
The dividend capture strategy is based on historical Telefónica data. Past performance is no guarantee of future results.

Information about Telefónica

Full name Telefónica, S.A.
Ticker TEF
Sector Communications Services
Industry Telecom Services
Market Capitalization 22.36B €
ISIN N/A
Number of Employees 103,651
Address Distrito TelefOnica, Ronda de la ComunicaciOn, s/n, Madrid, 28050, Spain
Phone 34 900 11 10 04
Website https://www.telefonica.com
Description of the company

Telefónica S.A. is a telecommunications company headquartered in Spain.

Founded in 1924, Telefónica is present in several Latin American countries, including Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Peru and Venezuela. It also operates in Europe, Asia and Africa. As a result, it is one of the world's leading telecommunications service providers, offering fixed-line, mobile, Internet, television and business communications solutions.

In Spain, Telefónica is known by its trademark Movistar, while in Latin America it is known by its trademarks such as Telcel, Claro and Vivo. In recent years it has expanded with the acquisition of Brazilian telecom operator GVT in 2014.

Frequently asked questions about Telefónica dividends

Telefónica pays dividends on a Semiannual basis.

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

Telefónica has the Ticker or stock code TEF.

Telefónica belongs to the Communications Services sector and the Telecom Services industry.

The CEO of Telefónica in 2023 is Mr. Jose María Alvarez-Pallete Lopez.

At this moment, the value of a Telefónica share is 3.89€.

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

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