Tenaris Dividend yield




   EUR/share 
 Price  9.61
 Dividend  0.17
 Earnings  -0.40
 Cash-flow  1.12
 Book value  8.01
 Equity  8.33

Tenaris is part of Industrial Metals and Mining business, which is part of Basic Materials industry. Tenaris is a company from Italy, and his stocks are publicly traded.

Tenaris paid a total dividend of 201 million EUR last year, for a market value of 11,349 millions (Market Cap 4,488 millions). Dividend per share of Tenaris is 0.17 EUR, and his stock market price 9.61 EUR.

According to the chart below, where dividend yield is displayed, Tenaris has a dividend yield of 1.77%, lower than the amount offered by both the market average and companies from Italy. It is also lower than average of Basic Materials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Tenaris dividend yield with other Industrial Metals and Mining companies or firms from Italy.

Dividend yield of Tenaris

Tenaris Dividend Payout

About the ability of Tenaris to maintain his current dividend of EUR 0.17 per share, an amount that accounts for 1.77%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Tenaris payout on ernings is currently -42.50%, which is lower than the market average and companies of Basic Materials industry, which are 38.17% and 48.78% respectively. Both figures lead us to believe that there is confidence that Tenariscan 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 Tenaris is EUR 1.12 per share, which is higher than the dividend per share paid by the company of EUR 0.17, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Tenaris, compared againt world market average, Italy companies, Basic Materials industry and Industrial Metals and Mining sector companies.

Tenaris payout

Tenaris Dividend History

Year Yield  EUR  Paypout  Shares* 
Present1.77%0.17-42.50%1,181
20202.47%0.1626.67%1,181
20193.63%0.3644.44%1,181
20183.80%0.3665.45%1,181
20172.59%0.34136.00%1,181
20162.69%0.410.00%1,181
20153.43%0.4342.57%1,181

*In millions

Tenaris Stock performance

Finally, last moth Tenaris showed a return of 11.20% compared to a worldwide 4.24% average, and a 4.66% of Basic Materials firms. Over the last year, the company obtained a 72.30% versus a worldwide performance of a 53.49%. More detailed information can be seen in the following graph for Italy and Industrial Metals and Mining firms.

Tenaris stock and market return