Snam Dividends and Buybacks
Dividend criteria checks 3/6
Snam is a dividend paying company with a current yield of 6.42%. Next payment date is on 22nd January, 2025 with an ex-dividend date of 20th January, 2025.
Key information
6.4%
Dividend yield
0.06%
Buyback Yield
| Total Shareholder Yield | 6.5% |
| Future Dividend Yield | 7.0% |
| Dividend Growth | 1.0% |
| Next dividend pay date | 22 Jan 25 |
| Ex dividend date | 20 Jan 25 |
| Dividend per share | €0.282 |
| Payout ratio | 92% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SNM's dividend payments have been volatile in the past 10 years.
Growing Dividend: SNM's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Snam Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SNM) | 6.4% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Gas Utilities) | 6.6% |
| Analyst forecast (SNM) (up to 3 years) | 7.0% |
Notable Dividend: SNM's dividend (6.42%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: SNM's dividend (6.42%) is in the top 25% of dividend payers in the German market (4.82%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (92%), SNM's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: SNM is paying a dividend but the company has no free cash flows.