Italgas Dividend
Dividend criteria checks 3/6
Italgas is a dividend paying company with a current yield of 6.92% that is well covered by earnings. Next payment date is on 22nd May, 2024 with an ex-dividend date of 20th May, 2024.
Key information
6.9%
Dividend yield
65%
Payout ratio
| Industry average yield | 7.0% |
| Next dividend pay date | 22 May 24 |
| Ex dividend date | 20 May 24 |
| Dividend per share | n/a |
| Earnings per share | €0.54 |
| Dividend yield forecast in 3Y | 8.2% |
Recent dividend updates
Italgas' (BIT:IG) Dividend Will Be Increased To €0.352
Mar 18
Italgas (BIT:IG) Will Pay A Larger Dividend Than Last Year At €0.317
May 07Italgas' (BIT:IG) Dividend Will Be Increased To €0.317
Apr 05Italgas' (BIT:IG) Upcoming Dividend Will Be Larger Than Last Year's
May 08Recent updates
Italgas' (BIT:IG) Dividend Will Be Increased To €0.352
Mar 18Earnings Update: Italgas S.p.A. (BIT:IG) Just Reported Its Yearly Results And Analysts Are Updating Their Forecasts
Mar 15Here's Why We Think Italgas (BIT:IG) Is Well Worth Watching
Jan 30Calculating The Fair Value Of Italgas S.p.A. (BIT:IG)
Nov 11Here's Why We Think Italgas (BIT:IG) Might Deserve Your Attention Today
Sep 15Is There An Opportunity With Italgas S.p.A.'s (BIT:IG) 33% Undervaluation?
Aug 03Italgas (BIT:IG) Will Pay A Larger Dividend Than Last Year At €0.317
May 07Italgas' (BIT:IG) Dividend Will Be Increased To €0.317
Apr 05Is Italgas S.p.A. (BIT:IG) Expensive For A Reason? A Look At Its Intrinsic Value
Mar 31A Look At The Fair Value Of Italgas S.p.A. (BIT:IG)
Dec 16Is There An Opportunity With Italgas S.p.A.'s (BIT:IG) 23% Undervaluation?
Sep 13Are Investors Undervaluing Italgas S.p.A. (BIT:IG) By 47%?
Jun 10Italgas' (BIT:IG) Upcoming Dividend Will Be Larger Than Last Year's
May 08Italgas' (BIT:IG) Upcoming Dividend Will Be Larger Than Last Year's
Apr 24Italgas (BIT:IG) Will Pay A Larger Dividend Than Last Year At €0.29
Apr 05Are Investors Undervaluing Italgas S.p.A. (BIT:IG) By 41%?
Jan 24Is There An Opportunity With Italgas S.p.A.'s (BIT:IG) 20% Undervaluation?
Oct 17Italgas (BIT:IG) Has More To Do To Multiply In Value Going Forward
Sep 28Calculating The Fair Value Of Italgas S.p.A. (BIT:IG)
Jul 14Here's What To Make Of Italgas' (BIT:IG) Decelerating Rates Of Return
Jun 24Italgas S.p.A. (BIT:IG) Shares Could Be 22% Above Their Intrinsic Value Estimate
Mar 30Has Italgas (BIT:IG) Got What It Takes To Become A Multi-Bagger?
Mar 12Should You Be Impressed By Italgas S.p.A.'s (BIT:IG) ROE?
Feb 22If You Like EPS Growth Then Check Out Italgas (BIT:IG) Before It's Too Late
Feb 08
What Type Of Returns Would Italgas'(BIT:IG) Shareholders Have Earned If They Purchased Their SharesYear Ago?
Jan 22What Type Of Shareholders Make Up Italgas S.p.A.'s (BIT:IG) Share Registry?
Jan 04Estimating The Intrinsic Value Of Italgas S.p.A. (BIT:IG)
Dec 15Here's What To Make Of Italgas' (BIT:IG) Returns On Capital
Nov 23Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, IG has been paying a dividend for less than 10 years.
Growing Dividend: IG's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Italgas Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (IG) | 6.9% |
| Market Bottom 25% (IT) | 2.0% |
| Market Top 25% (IT) | 5.7% |
| Industry Average (Gas Utilities) | 7.0% |
| Analyst forecast in 3 Years (IG) | 8.2% |
Notable Dividend: IG's dividend (6.92%) is higher than the bottom 25% of dividend payers in the Italian market (2.03%).
High Dividend: IG's dividend (6.92%) is in the top 25% of dividend payers in the Italian market (5.69%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64.9%), IG's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: IG is paying a dividend but the company has no free cash flows.