Upcoming Terna dividend
Change(%)
+96.34%
Increase
Next payment 0.225€
Next payment date Jun 26, 2024
Last payment 0.1146€
Last payment date Nov 22, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 6/24/24
Confirmed

Terna is scheduled to distribute dividends on June 26, 2024, offering 0,225 euros per share, representing an attractive yield for investors.

If you plan to obtain dividends from Terna, you must have the shares before June 21, 2024, as the Ex-dividend Date is June 24, 2024, when beneficiaries are determined.

On the most recent payment date, November 22, 2023, Terna distributed 0.1146 euros per share.

Terna Rete Elettrica Nazionale S.p.A., listed on the stock market in Italy, Austria, Germany, the United Kingdom and the United States, being denominated with the symbol TRN, has a track record of more than twenty years of paying dividends in an impeccable, uninterrupted and stable manner.

The payment schedule has been the same since 2004, when it began to pay interest, which is paid in two semi-annual installments, one in the last days of June and the other at the end of November, reaching a yield of approximately 4.30%.

Payout Ratio Terna Dividends

Terna paid 6% of its net income in the last fiscal period as dividends.
Terna's earnings (3,299,599,872.00€) are sufficient to cover the dividend payment. This payment represents 6% of the total net profit of TRN.
Dividend payout ratio
Payout Ratio

Dividend calendar of Terna

These are the most important events of the Terna calendar in 2024:

Event Day
Last trading date June 21, 2024
Ex-Dividend (Ex-Date) June 24, 2024
Record date June 25, 2024
Date of payment June 26, 2024
Data confirmed by the company Terna (TRN).
Confirmed
Source
Historical annual dividend yields of Terna
Over the past 5 years, Terna has steadily increased the annual dividend amount.
Increasing Dividends
Dividend yield
Dividend yield of Terna vs. the sector
Terna's dividend yield (5.92%) is above the sector average (3.73%).
Comparison with industry average
Terna's dividend yield is between the top 25% (6.13%) and top 75% (0.00%) of the sector.
Evaluation with respect to competence.
Dividend yield history in Terna
In the last 5 years, Terna's annual dividend amount has not fallen more than 10%.
Dividend stability

Dividend history of Terna

In this table you can see the complete history:

YearEx-DividendAmountTotal
2023
11/20/2023
06/19/2023
0.1146 €
0.2083 €
0.3229 €
2022
11/21/2022
06/20/2022
0.1061 €
0.1929 €
0.299 €
2021
11/22/2021
06/21/2021
0.0982 €
0.1786 €
0.2768 €
2020
11/23/2020
06/22/2020
0.0909 €
0.1653 €
0.2562 €
2019
11/18/2019
06/24/2019
0.0842 €
0.1545 €
0.2387 €
2018
11/19/2018
06/18/2018
0.0787 €
0.145737 €
0.224437 €
2017
11/20/2017
06/19/2017
0.074263 €
0.1339 €
0.208163 €
2016
11/21/2016
06/20/2016
0.0721 €
0.13 €
0.2021 €
2015
11/23/2015
06/22/2015
0.07 €
0.13 €
0.2 €
2014
11/24/2014
06/23/2014
0.07 €
0.13 €
0.2 €
2013
11/18/2013
06/24/2013
0.07 €
0.13 €
0.2 €
2012
11/19/2012
06/18/2012
0.07 €
0.13 €
0.2 €
2011
11/21/2011
06/20/2011
0.08 €
0.13 €
0.21 €
2010
11/22/2010
06/21/2010
0.08 €
0.12 €
0.2 €
2009
11/23/2009
06/22/2009
0.07 €
0.0988 €
0.1688 €
2008
11/24/2008
06/23/2008
0.0592 €
0.095 €
0.1542 €
2007
11/19/2007
06/18/2007
0.056 €
0.087 €
0.143 €
2006
11/20/2006
06/19/2006
0.053 €
0.08 €
0.133 €
2005
11/21/2005
05/23/2005
0.05 €
0.07 €
0.12 €
2004
10/18/2004
0.045 €
0.045 €
Terna dividend capture strategy
Step 1: Buy Terna shares (TRN) one day before ex-dividend date
Date of purchase Jun 21, 2024
Next ex-dividend date Jun 24, 2024
Step 2: Sell Terna shares (TRN) 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 Terna data. Past performance is no guarantee of future results.

Information about Terna

Full name Terna S.p.A.
Ticker TRN
Sector Public Services
Industry Utilities - Regulated Electric
Market Capitalization 15.26B €
ISIN IT0003242622
Number of Employees 5,984
Description of the company

Terna Rete Elettrica Nazionale S.p.A. is a group dedicated to power transmission in Italy, specialized in the management of high voltage networks. The company's capacity is obtained through power plants of various types, Thermoelectric, hydroelectric, geothermal, photovoltaic and wind power plants.

It was formed in 1999 as part of the Enel Group, going public on the Italian Stock Exchange in 2004, joining Desertec in 2010 to produce and transmit energy by renewable means in the Middle East, adopting a new organizational structure the following year and growing exponentially.

The company manages the power grid in Italy, owns RTN, and plays an important role in the public service, manages more than 74 thousand kilometers of high voltage lines that have interconnection with other European countries, providing a solution to 31% of the energy needs of the region, has 901 stations, 1 National Control Center, recording a revenue close to 3 million euros in 2022.

The group is in charge of planning, developing and maintaining the networks, guaranteeing the balance between supply and consumption, distributing the fluid every day in a continuous and uniform manner, with the support of more than 5 thousand employees, distributed in subsidiaries and offices located in several countries such as Italy, China, the United Arab Emirates, India, Switzerland and Germany.

Frequently asked questions about Terna dividends

Terna pays dividends on a Semestral basis.

Terna is listed on the Borsa Italiana and is part of the FTSE MIB.

Terna has the Ticker or stock code TRN.

The CEO of Terna in 2024 is Ms. Giuseppina Di Foggia.

Terna has a growing dividend program. In the last 5 years, dividends have been at least equal to or higher than the previous year.

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