In this section of the page, you will find all the information you need to understand how Tenaris (TS) 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 Tenaris dividend
Change(%)
0.00%
No change
Next payment 0.2$
Next payment date Nov 22, 2023
Last payment N/A
Last payment date N/A
00 D 00 H 00 M 00 S
Ex-Dividend: 11/20/23
Confirmed

Tenaris will distribute 0,2 dollars per share in the form of a dividend on November 22, 2023.

The November 20, 2023 is the ex-dividend date. So if you wish to receive Tenaris dividends, you must buy one day before this date.

There has been no final dividend for Tenaris.

Tenaris, listed on the New York Stock Exchange under the stock symbol TS, the board of directors and the shareholders' meeting make the decisions related to its dividend policy, which began to pay this interest since 2003, complying with the commitment consistently between one to two annual installments, although with irregular amounts.

It has more than ten years paying dividends in two portions per year, semi-annually, with the first payment between May and June and the second deposit between November and December, with an annual yield of approximately 2.50% and a price-earnings ratio of 5.15.

Payout Ratio Tenaris Dividends

Tenaris paid 1% 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

Tenaris's earnings (15,074,140,160.00$) are sufficient to cover the dividend payment. This payment represents 1% of the total net profit of TS.
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 Tenaris

This is the Dividend Calendar of Tenaris in 2023.

Event Day
Last trading date November 17, 2023
Ex-Dividend (Ex-Date) November 20, 2023
Record date November 21, 2023
Date of payment November 22, 2023
Dividends schedule Tenaris
Data confirmed by the company Tenaris (TS).
Confirmed
Estimation Policy

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

 Source

Historical annual dividend yields of Tenaris

Over the past 5 years, Tenaris 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 Tenaris vs. the sector

Tenaris's dividend yield (3.12%) is below the sector average (3.66%).
Comparison with industry average
Comparison with industry average

The company's dividend yield is compared to the industry average to determine its positioning.
Tenaris's dividend yield is between the top 25% (4.73%) and top 75% (2.67%) 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 Tenaris

Over the past 5 years, Tenaris'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 Tenaris

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

YearEx-DividendAmountTotal
2023
11/20/2023
05/22/2023
0.4 $
0.68 $
1.08 $
2022
11/21/2022
05/23/2022
0.34 $
0.56 $
0.9 $
2021
11/22/2021
05/24/2021
0.26 $
0.28 $
0.54 $
2020
11/23/2020
0.14 $
0.14 $
2019
11/18/2019
05/20/2019
0.26 $
0.56 $
0.82 $
2018
11/19/2018
05/21/2018
0.26 $
0.56 $
0.82 $
2017
11/20/2017
05/22/2017
0.26 $
0.56 $
0.82 $
2016
11/21/2016
05/23/2016
0.26 $
0.6 $
0.86 $
2015
11/23/2015
05/18/2015
0.3 $
0.6 $
0.9 $
2014
11/24/2014
05/19/2014
0.3 $
0.6 $
0.9 $
2013
11/18/2013
05/20/2013
0.26 $
0.6 $
0.86 $
2012
11/20/2012
05/21/2012
0.26 $
0.5 $
0.76 $
2011
11/21/2011
06/20/2011
0.26 $
0.42 $
0.68 $
2010
11/22/2010
06/21/2010
0.26 $
0.42 $
0.68 $
2009
11/23/2009
06/22/2009
0.26 $
0.6 $
0.86 $
2008
11/24/2008
06/23/2008
0.26 $
0.5 $
0.76 $
2007
11/19/2007
06/18/2007
0.26 $
0.6 $
0.86 $
2006
06/13/2006
0.346 $
0.346 $
2005
11/10/2005
06/08/2005
0.254 $
0.338 $
0.592 $
2004
06/09/2004
0.2288 $
0.2288 $
2003
06/18/2003
0.1982 $
0.1982 $
Dividend history of Tenaris

Tenaris dividend capture strategy

Step 1: Buy Tenaris shares (TS) one day before ex-dividend date
Date of purchase Nov 17, 2023
Next ex-dividend date Nov 20, 2023
Step 2: Sell Tenaris shares (TS) 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 Tenaris data. Past performance is no guarantee of future results.

Information about Tenaris

Full name Tenaris S.A.
Ticker TS
Sector Energy
Industry Oil & Gas Equipment & Services
Market Capitalization 20.71B $
ISIN N/A
Number of Employees 25,292
Address 26, Boulevard Royal, 4th Floor, Luxembourg City, 2449, Luxembourg
Phone 352 26 478 978
Website https://www.tenaris.com
Description of the company

Tenaris, is a company dedicated to metallurgy, through the manufacture of tubes, in addition to offering services needed in the energy industry, as well as other industrial applications. They perform activities with steel, rolling, heat treatment, design and molding of seamless and seamless tubes, threading and finishing.

It was founded in Argentina, in the 1950s as a subsidiary of the company Techint, when it is responsible for the construction of two plants, the Dalminr SAFTA, located in Campana, today known as Siderca, and Tubos de Acero de México, S.A. (Tamsa) in Mexico.

Since then it has steadily expanded, becoming one of the leading seamless steel pipe producers worldwide, offering among its products: Casing and tubing, TenarisHydril premium connections, Proprietary steel grades, Welded connectors, ID & OD liners, Fittings, Oil and gas tools, Artificial lift, Flexible tubing and Borehole rods.

Among its subsidiaries are Siderca, Tamsa, Dalmine, Bay City, AlgomaTubes, Silcotub, NKKTubes, TuboCaribe, Siat, Confab, MaverickTubes, Hydril and SPIJ, located in Argentina, Mexico, Italy, United States, Canada, Romania, Japan, Colombia, Indonesia and Brazil, with more than 25 thousand employees among all its offices and factories, in addition to 3 research and development centers.

Frequently asked questions about Tenaris dividends

Tenaris pays dividends on a Semiannual basis.

Tenaris is listed on the New York Stock Exchange and is part of the Nyse.

Tenaris has the Ticker or stock code TS.

Tenaris belongs to the Energy sector and the Oil & Gas Equipment & Services industry.

The CEO of Tenaris in 2023 is Mr. Paolo Rocca.

At this moment, the value of a Tenaris share is 34.21$.

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

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