Redeia Corporación Dividends and Buybacks
Dividend criteria checks 5/6
Redeia Corporación is a dividend paying company with a current yield of 5.61% that is well covered by earnings. Next payment date is on 7th January, 2025 with an ex-dividend date of 3rd January, 2025.
Key information
5.6%
Dividend yield
-0.1%
Buyback Yield
| Total Shareholder Yield | 5.5% |
| Future Dividend Yield | 5.2% |
| Dividend Growth | 3.8% |
| Next dividend pay date | 07 Jan 25 |
| Ex dividend date | 03 Jan 25 |
| Dividend per share | €0.927 |
| Payout ratio | 83% |
Recent dividend and buyback updates
Recent updates
The Redeia Corporación, S.A. (BME:RED) Third-Quarter Results Are Out And Analysts Have Published New Forecasts
Nov 02
Redeia Corporación, S.A. (BME:RED) Looks Inexpensive But Perhaps Not Attractive Enough
Nov 01We Think Redeia Corporación (BME:RED) Is Taking Some Risk With Its Debt
Oct 14Redeia Corporación, S.A.'s (BME:RED) Intrinsic Value Is Potentially 37% Above Its Share Price
Sep 26Redeia Corporación, S.A. (BME:RED) Just Released Its Interim Results And Analysts Are Updating Their Estimates
Aug 03Is Redeia Corporación (BME:RED) A Risky Investment?
Jun 19Shareholders Will Probably Not Have Any Issues With Redeia Corporación, S.A.'s (BME:RED) CEO Compensation
May 28Redeia Corporación, S.A. (BME:RED) Just Released Its First-Quarter Results And Analysts Are Updating Their Estimates
May 03Redeia Corporación, S.A.'s (BME:RED) Earnings Are Not Doing Enough For Some Investors
Apr 06Is There An Opportunity With Redeia Corporación, S.A.'s (BME:RED) 25% Undervaluation?
Feb 02Redeia Corporación's (BME:RED) Returns On Capital Not Reflecting Well On The Business
Jan 12Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RED's dividends per share have been stable in the past 10 years.
Growing Dividend: RED's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Redeia Corporación Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RED) | 5.6% |
| Market Bottom 25% (ES) | 2.3% |
| Market Top 25% (ES) | 5.6% |
| Industry Average (Electric Utilities) | 5.0% |
| Analyst forecast (RED) (up to 3 years) | 5.2% |
Notable Dividend: RED's dividend (5.61%) is higher than the bottom 25% of dividend payers in the Spanish market (2.36%).
High Dividend: RED's dividend (5.61%) is in the top 25% of dividend payers in the Spanish market (5.58%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (83%), RED's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (566.1%), RED's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 10:27 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Redeia Corporación, S.A. is covered by 48 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Flora Mericia Trindade | Banco BPI, S.A. |
| Alejandro Miranda Fournier | Banco de Madrid S.A.U. |
| null null | Banco de Sabadell. S.A. |