Orange Dividends and Buybacks
Dividend criteria checks 5/6
Orange is a dividend paying company with a current yield of 5.26% that is well covered by earnings. Next payment date is on 3rd December, 2026 with an ex-dividend date of 1st December, 2026.
Key information
5.3%
Dividend yield
1.3%
Buyback Yield
| Total Shareholder Yield | 6.6% |
| Future Dividend Yield | 5.7% |
| Dividend Growth | 2.1% |
| Next dividend pay date | 03 Dec 26 |
| Ex dividend date | 01 Dec 26 |
| Dividend per share | n/a |
| Payout ratio | 56% |
Recent dividend and buyback updates
Recent updates
ORA: Upgraded Ratings And Data Centre Expansion May Support Future Repricing
Analysts have raised their fair value estimate for Orange from €21.80 to €22.50, citing higher target prices from several banks and updated assumptions on the discount rate, revenue growth, profit margins and future P/E levels. Analyst Commentary Recent research on Orange points to a more constructive tone, with several bullish analysts revisiting their assumptions on valuation and execution.
ORA: Fair Outlook Weighs Data Centre Venture And French Stake Sale
Analysts have lifted the Orange fair value estimate by €1.00 to €16.50, citing recent price target increases from several banks and a shift to more favorable ratings that support a higher assumed future P/E of about 24.5x, despite slightly softer revenue growth and margin assumptions. Analyst Commentary Recent research on Orange has leaned supportive, with several large banks setting price targets that sit above the current fair value estimate of €16.50.
ORA: Higher Multiple Expectations Will Depend On French Market Consolidation
The analyst price target for Orange has been lifted from €15.85 to €19.04 as analysts broadly align with recent Street upgrades in the €20 to €21.80 range, citing improved revenue growth assumptions and a higher future P/E multiple, partly offset by a lower projected profit margin. Analyst Commentary Recent research around Orange points to a more constructive stance from several large brokers, with price targets clustered in the high teens to low €20s.ORA: Higher Rating Cluster May Support Future Repricing Potential
Orange's updated analyst price target of €21.80, up from €20.00, reflects a recalibration of fair value as analysts point to higher assumed revenue growth, stronger profit margins and a lower future P/E, supported by recent target increases and rating changes across several research houses. Analyst Commentary Recent research on Orange points to a cluster of supportive views, with a series of price target adjustments and rating changes that help explain why the stock's assumed fair value has moved to €21.80.ORA: Fair Outlook Balances French Consolidation Prospects And Hybrid Capital Refinancing
The analyst fair value estimate for Orange has been raised from €13.00 to €15.50, reflecting recent increases in Street price targets, including higher levels from Deutsche Bank, JPMorgan, Barclays and Citi. This also reflects analyst expectations for improved sector conditions in France and an updated view on Orange's future P/E and growth profile.Fiber Leadership And Middle East And Africa Expansion Will Reshape Long Term Earnings Profile
Catalysts About Orange Orange is a multinational telecom operator providing mobile, fixed broadband, convergent services and business connectivity across France, Europe, the Middle East and Africa. What are the underlying business or industry changes driving this perspective?Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ORA's dividends per share have been stable in the past 10 years.
Growing Dividend: ORA's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Orange Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ORA) | 5.3% |
| Market Bottom 25% (FR) | 2.1% |
| Market Top 25% (FR) | 5.6% |
| Industry Average (Telecom) | 4.6% |
| Analyst forecast (ORA) (up to 3 years) | 5.7% |
Notable Dividend: ORA's dividend (5.26%) is higher than the bottom 25% of dividend payers in the French market (2.09%).
High Dividend: ORA's dividend (5.26%) is low compared to the top 25% of dividend payers in the French market (5.52%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56.3%), ORA's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (41.7%), ORA's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/18 09:27 |
| End of Day Share Price | 2026/09/18 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
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 |
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| Ownership | 10 years |
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| Management | 10 years |
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| 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.
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 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 Github.
Analyst Sources
Orange S.A. is covered by 40 analysts. 16 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 |
|---|---|
| Andrew Charles Beale | Arete Research Services LLP |
| null null | Argus Research Company |
| Alvaro del Pozo Maroto | Banco de Sabadell. S.A. |