Red Electrica Corp S Dividend yield

Red Electrica Corp S is part of Electricity business, which is part of Utilities industry. Red Electrica Corp S is a company from Spain, and his stocks are publicly traded.

Red Electrica Corp S stock dividend

Red Electrica Corp S paid a total dividend of 540 million EUR last year, for a market value of 8,105 millions (Market Cap 6,467 millions). Red Electrica Corp S dividend per share is 1.00 EUR, and his stock market price 15.01 EUR.

According to the chart below, where dividend yield is displayed, Red Electrica Corp S has a dividend yield of 6.66%, which is higher than the amount offered by both the market average and companies from Spain. It is also bigger than average of Utilities industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Red Electrica Corp S stocks dividend with other Electricity companies or other of the best Spain dividend stocks list.

Red Electrica Corp S Dividend Payout

About the ability of Red Electrica Corp S to maintain his current dividend of EUR 1.00 per share, an amount that accounts for 6.66%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Red Electrica Corp S payout on ernings is currently 75.76%, which is higher than the market average, and companies of Utilities industry, which are 39.34% and 60.08% respectively. Both figures show that Red Electrica Corp S can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Red Electrica Corp S is EUR 2.89 per share, which is higher than the dividend per share paid by the company of EUR 1.00, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Red Electrica Corp S, compared againt world market average, Spain companies, Utilities industry and Electricity sector companies.

Red Electrica Corp S Dividend History

Below you will find a table with the historical evolution of Red Electrica Corp S's dividend stock, both in percentage and in EUR, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	EUR	Paypout	Shares*
Present	6.66%	1.00	75.76%	540
2022	6.15%	1.00	75.19%	539
2021	5.26%	1.00	81.97%	539
2020	6.27%	1.05	77.21%	539
2019	5.48%	0.98	74.24%	540
2018	4.71%	0.92	73.60%	540
2017	4.59%	0.86	72.27%	539
2016	4.78%	0.80	70.18%	541
2015	3.69%	3.00	56.18%	135

*In millions

Then you can see the evolution of Red Electrica Corp S dividend stock, and compare it with the average of Spain stocks and that of the Electricity stocks.

Red Electrica Corp S Stock performance

Finally, last moth Red Electrica Corp S showed a return of -1.30% compared to a worldwide -2.49% average, and a -2.79% of Utilities firms. Over the last year, the company obtained a -17.70% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Spain and Electricity firms.