Tenaris Dividend
Dividend criteria checks 4/6
Tenaris is a dividend paying company with a current yield of 3.57% 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
3.6%
Dividend yield
20%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | 22 May 24 |
| Ex dividend date | 20 May 24 |
| Dividend per share | n/a |
| Earnings per share | US$3.08 |
| Dividend yield forecast in 3Y | 5.9% |
Recent dividend updates
Recent updates
Tenaris: Underperformance, Now A "HOLD" (Rating Downgrade).
Apr 23Tenaris: Steeling Against High Rates With A Rock-Solid Balance Sheet
Jan 27Tenaris: Steel Pipes Out Of Europe With An Upside
Nov 08Tenaris S.A.: Record Profits, Low Multiples, Expanding Margins, And Insider Ownership
Aug 28Tenaris S.A.: A Solid Option In The Oil And Gas Industry
Jun 09Tenaris: Harnessing Operational Excellence For Sustainable Growth
May 23Tenaris GAAP EPS of $0.68 misses by $0.70, revenue of $3.62B beats by $70M
Feb 15Benteler terminates sale to Tenaris of its Shreveport, Louisiana pipe manufacturing plant
Feb 06Tenaris GAAP EPS of $0.51 misses by $0.49, revenue of $2.98B beats by $70M
Nov 03Tenaris: The Cash Flow Turnaround And Margin Expansion Speak A Lot
Oct 12Tenaris: Solidifying Its Industry Leadership With Benteler Acquisition
Aug 03Tenaris: Advantages As Activity Speeds Up, But Concerns Over Valuation
May 13Tenaris: A Valuation Overrun Despite The Medium Term Promises
Jan 21Tenaris Is Reopening Facilities, Makes Stock A Buy
Oct 01Tenaris Is Coping Up In A High-Cost Environment
Jul 02Tenaris Continues To Build Its Net Cash Position
Jun 26Tenaris EPS beats by $0.11, misses on revenue
Apr 28Tenaris outlines plan to decarbonize Italian steel mill
Jan 11Tenaris Has A Few Challenges Before Recovery Sets In
Jan 02Tenaris declares $0.07 dividend
Nov 04Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TS's dividend payments have been volatile in the past 10 years.
Growing Dividend: TS's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Tenaris Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TS) | 3.6% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Energy Services) | 2.2% |
| Analyst forecast in 3 Years (TS) | 5.9% |
Notable Dividend: TS's dividend (3.57%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: TS's dividend (3.57%) is low compared to the top 25% of dividend payers in the US market (4.75%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20%), TS's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (18.7%), TS's dividend payments are well covered by cash flows.