Enel S.p.A. has established itself as a reliable Dividend Achiever in the energy sector by providing investors with a clear and stable source of income. Here are some key aspects that make Enel an attractive dividend stock:
Stable Dividend Structure
- Continuous Dividend Distribution: Enel has paid dividends continuously for the last 26 years, indicating a solid business model and stable financial condition.
- Increase in Dividends: Over the last 11 years, Enel has increased its dividends annually, representing an average increase of about 13% per year over the last ten years.
- Dividend Yield: Enel’s dividend yield was about 5.84% in 2024, based on the closing price for the year.
Current and Future Dividend Forecasts
- Annual Dividend 2024: Enel paid a dividend of €0.43 per share in the fiscal year 2024, divided into two tranches.
- Forecast for 2025: The expected annual dividend for 2025 is about €0.48 per share.
- Future Forecasts: For 2026, a dividend of about €0.49 per share is expected, and for 2027 it could rise to €0.51.
Payment Dates
- Ex-Date: The ex-date for the next dividend is July 21, 2025.
- Payment Date: The dividend will be paid on July 23, 2025.
Business Model and Market Position
- Market Capitalization: Enel has a market capitalization of approximately €81.8 billion, underscoring its strong market position.
- Diversified Business Model: Enel operates in various areas of the energy sector, which minimizes risk and ensures a stable source of income.
For investors looking for a reliable source of income, Enel offers an attractive option through its stable dividend structure and solid business model in the energy sector.