EDP - Energias de Portugal is a dividend paying company with a current yield of 5.44% that is well covered by earnings. Next payment date is on 8th May, 2024 with an ex-dividend date of 6th May, 2024.
Key information
5.4%
Dividend yield
85%
Payout ratio
Industry average yield
5.8%
Next dividend pay date
08 May 24
Ex dividend date
06 May 24
Dividend per share
n/a
Earnings per share
€0.23
Dividend yield forecast in 3Y
5.8%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: EDP's dividends per share have been stable in the past 10 years.
Growing Dividend: EDP's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
EDP - Energias de Portugal Dividend Yield vs Market
How does EDP dividend yield compare to the market?
Segment
Dividend Yield
Company (EDP)
5.4%
Market Bottom 25% (DE)
1.7%
Market Top 25% (DE)
4.8%
Industry Average (Electric Utilities)
5.8%
Analyst forecast in 3 Years (EDP)
5.8%
Notable Dividend: EDP's dividend (5.44%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: EDP's dividend (5.44%) is in the top 25% of dividend payers in the German market (4.77%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (84.5%), EDP's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: EDP is paying a dividend but the company has no free cash flows.