08-31-2023
EUR/share | |
Price | 27.44 |
Dividend | 0.70 |
Earnings | 2.39 |
Cash-flow | 4.04 |
Book value | 18.29 |
Equity | 16.48 |
Acciona Global Renew is part of Electricity business, which is part of Utilities industry. Acciona Global Renew is a company from Spain, and his stocks are publicly traded.
Acciona Global Renew stock dividend
Acciona Global Renew paid a total dividend of 230 million EUR last year, for a market value of 9,028 millions (Market Cap 1,560 millions). Acciona Global Renew dividend per share is 0.70 EUR, and his stock market price 27.44 EUR.
According to the chart below, where dividend yield is displayed, Acciona Global Renew has a dividend yield of 2.55%, lower than the amount offered by both the market average and companies from Spain. It is also lower than average of Utilities industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...
In addition, you should compare Acciona Global Renew stocks dividend with other Electricity companies or other of the high Spain dividend stocks list.
Acciona Global Renew Dividend Payout
About the ability of Acciona Global Renew to maintain his current dividend of EUR 0.70 per share, an amount that accounts for 2.55%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Acciona Global Renew payout on ernings is currently 29.29%, which is lower than the market average and companies of Utilities industry, which are 39.34% and 60.08% respectively. Both figures lead us to believe that there is confidence that Acciona Global Renewcan maintain his current dividend.
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 Acciona Global Renew is EUR 4.04 per share, which is higher than the dividend per share paid by the company of EUR 0.70, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Acciona Global Renew, compared againt world market average, Spain companies, Utilities industry and Electricity sector companies.
Acciona Global Renew Dividend History
Below you will find a table with the historical evolution of Acciona Global Renew'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 | 2.55% | 0.70 | 29.29% | 329 |
2022 | 0.78% | 0.28 | 24.78% | 329 |
*In millions
Acciona Global Renew Stock performance
Finally, last moth Acciona Global Renew showed a return of -4.10% compared to a worldwide -2.49% average, and a -2.79% of Utilities firms. Over the last year, the company obtained a -33.80% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Spain and Electricity firms.