Terna Dividend yield

 Price  7.62
 Dividend  0.31
 Earnings  0.47
 Cash-flow  1.15
 Book value  2.54
 Equity  2.44

Terna is part of Electricity business, which is part of Utilities industry. Terna is a company from Italy, and his stocks are publicly traded.

Terna stock dividend

Terna paid a total dividend of 622 million EUR last year, for a market value of 15,286 millions (Market Cap 10,717 millions). Terna dividend per share is 0.31 EUR, and his stock market price 7.62 EUR.

According to the chart below, where dividend yield is displayed, Terna has a dividend yield of 4.13%, which is similar to the amount offered by both the market average and companies from Italy. However, it is lower than the average of Utilities industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

In addition, you should compare Terna stocks dividend with other Electricity companies or other of the highest Italy dividend stocks list.

Dividend yield of Terna

Terna Dividend Payout

About the ability of Terna to maintain his current dividend of EUR 0.31 per share, an amount that accounts for 4.13%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Terna payout on ernings is currently 65.96%, which is higher than the market average, and companies of Utilities industry, which are 39.34% and 60.08% respectively. Both figures show that Terna 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 Terna is EUR 1.15 per share, which is higher than the dividend per share paid by the company of EUR 0.31, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Terna, compared againt world market average, Italy companies, Utilities industry and Electricity sector companies.

Terna payout

Terna Dividend History

Below you will find a table with the historical evolution of Terna'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* 

*In millions

Then you can see the evolution of Terna dividend stock, and compare it with the average of Italy stocks and that of the Electricity stocks.

Terna stock dividend history

Terna Stock performance

Finally, last moth Terna showed a return of -0.90% compared to a worldwide -2.49% average, and a -2.79% of Utilities firms. Over the last year, the company obtained a 7.30% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Italy and Electricity firms.

Terna stock and market return