Neoenergia Dividends and Buybacks
Dividend criteria checks 2/6
Neoenergia is a dividend paying company with a current yield of 5.6% that is well covered by earnings. Next payment date is on 31st December, 2024 with an ex-dividend date of 5th January, 2024.
Key information
5.6%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 5.6% |
| Future Dividend Yield | 4.2% |
| Dividend Growth | 15.5% |
| Next dividend pay date | 31 Dec 24 |
| Ex dividend date | 05 Jan 24 |
| Dividend per share | €0.220 |
| Payout ratio | 32% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: XNEO has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: XNEO's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Neoenergia Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (XNEO) | 5.6% |
| Market Bottom 25% (ES) | 2.4% |
| Market Top 25% (ES) | 5.5% |
| Industry Average (Electric Utilities) | 4.8% |
| Analyst forecast (XNEO) (up to 3 years) | 4.2% |
Notable Dividend: XNEO's dividend (5.6%) is higher than the bottom 25% of dividend payers in the Spanish market (2.35%).
High Dividend: XNEO's dividend (5.6%) is low compared to the top 25% of dividend payers in the Spanish market (5.62%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.8%), XNEO's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: XNEO is paying a dividend but the company has no free cash flows.