Terna S.p.A.

BIT:TRN Stock Report

Market Cap: €18.3b

Terna Dividends and Buybacks

Dividend criteria checks 4/6

Terna is a dividend paying company with a current yield of 4.35% that is well covered by earnings. Next payment date is on 26th November, 2025 with an ex-dividend date of 24th November, 2025.

Key information

4.3%

Dividend yield

-4.6%

Buyback Yield

Total Shareholder Yield-0.2%
Future Dividend Yield4.3%
Dividend Growth6.6%
Next dividend pay date26 Nov 25
Ex dividend date24 Nov 25
Dividend per sharen/a
Payout ratio73%

Recent dividend and buyback updates

Terna (BIT:TRN) Has Affirmed Its Dividend Of €0.1192

Nov 17
Terna (BIT:TRN) Has Affirmed Its Dividend Of €0.1192

Terna (BIT:TRN) Is Increasing Its Dividend To €0.277

Mar 29
Terna (BIT:TRN) Is Increasing Its Dividend To €0.277

Recent updates

Terna (BIT:TRN) Has Affirmed Its Dividend Of €0.1192

Nov 17
Terna (BIT:TRN) Has Affirmed Its Dividend Of €0.1192

Terna S.p.A. (BIT:TRN) Shares Could Be 34% Above Their Intrinsic Value Estimate

Oct 28
Terna S.p.A. (BIT:TRN) Shares Could Be 34% Above Their Intrinsic Value Estimate

Slowing Rates Of Return At Terna (BIT:TRN) Leave Little Room For Excitement

Sep 25
Slowing Rates Of Return At Terna (BIT:TRN) Leave Little Room For Excitement

We Think Terna (BIT:TRN) Is Taking Some Risk With Its Debt

Sep 02
We Think Terna (BIT:TRN) Is Taking Some Risk With Its Debt

Terna S.p.A. (BIT:TRN) Just Released Its Interim Results And Analysts Are Updating Their Estimates

Aug 01
Terna S.p.A. (BIT:TRN) Just Released Its Interim Results And Analysts Are Updating Their Estimates

Is Terna S.p.A. (BIT:TRN) Worth €8.5 Based On Its Intrinsic Value?

Jul 19
Is Terna S.p.A. (BIT:TRN) Worth €8.5 Based On Its Intrinsic Value?

Terna (BIT:TRN) Has A Somewhat Strained Balance Sheet

Jun 01
Terna (BIT:TRN) Has A Somewhat Strained Balance Sheet

Terna (BIT:TRN) Has Some Way To Go To Become A Multi-Bagger

May 14
Terna (BIT:TRN) Has Some Way To Go To Become A Multi-Bagger

Pinning Down Terna S.p.A.'s (BIT:TRN) P/E Is Difficult Right Now

Apr 12
Pinning Down Terna S.p.A.'s (BIT:TRN) P/E Is Difficult Right Now

Terna (BIT:TRN) Is Increasing Its Dividend To €0.277

Mar 29
Terna (BIT:TRN) Is Increasing Its Dividend To €0.277

A Look At The Intrinsic Value Of Terna S.p.A. (BIT:TRN)

Mar 20
A Look At The Intrinsic Value Of Terna S.p.A. (BIT:TRN)

Here's Why Terna (BIT:TRN) Has A Meaningful Debt Burden

Feb 17
Here's Why Terna (BIT:TRN) Has A Meaningful Debt Burden

With EPS Growth And More, Terna (BIT:TRN) Makes An Interesting Case

Jan 18
With EPS Growth And More, Terna (BIT:TRN) Makes An Interesting Case

There's Been No Shortage Of Growth Recently For Terna's (BIT:TRN) Returns On Capital

Jan 03
There's Been No Shortage Of Growth Recently For Terna's (BIT:TRN) Returns On Capital
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New Incentive Schemes And Renewables Expansion Power Up Future Profitability

Transitioning to an output-based incentive framework and expanding renewable integration are expected to drive significant long-term revenue and EBITDA growth.

Upcoming Dividend Payment

TodayNov 20 2025Ex Dividend DateNov 24 2025Dividend Pay DateNov 26 20252 days from Ex DividendBuy in the next 3 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: TRN's dividends per share have been stable in the past 10 years.

Growing Dividend: TRN's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Terna Dividend Yield vs Market
How does TRN dividend yield compare to the market?
SegmentDividend Yield
Company (TRN)4.3%
Market Bottom 25% (IT)1.8%
Market Top 25% (IT)4.9%
Industry Average (Electric Utilities)4.1%
Analyst forecast (TRN) (up to 3 years)4.3%

Notable Dividend: TRN's dividend (4.35%) is higher than the bottom 25% of dividend payers in the Italian market (1.77%).

High Dividend: TRN's dividend (4.35%) is low compared to the top 25% of dividend payers in the Italian market (5.01%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (72.6%), TRN's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: TRN is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/21 18:40
End of Day Share Price 2025/11/21 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 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 Github.

Analyst Sources

Terna S.p.A. is covered by 38 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.

AnalystInstitution
Francesco SalaBanca Akros S.p.A. (ESN)
Virginia Sanz de Madrid GrossBanco Santander
Monica GirardiBarclays