REN-Redes Energeticas Nacionais Sgps (XLIS:RENE) Dividend Payout Ratio : 0.76 (As of Dec. 2023)

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What is REN-Redes Energeticas Nacionais Sgps Dividend Payout Ratio?

REN-Redes Energeticas Nacionais Sgps's dividend payout ratio for the months ended in Dec. 2023 was 0.76.

The historical rank and industry rank for REN-Redes Energeticas Nacionais Sgps's Dividend Payout Ratio or its related term are showing as below:

XLIS:RENE' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.55 Med: 0.76 Max: 1.02
Current: 0.55

During the past 13 years, the highest Dividend Payout Ratio of REN-Redes Energeticas Nacionais Sgps was 1.02. The lowest was 0.55. And the median was 0.76.

XLIS:RENE's Dividend Payout Ratio is ranked worse than
51.91% of 366 companies
in the Utilities - Regulated industry
Industry Median: 0.525 vs XLIS:RENE: 0.55

As of today (2024-05-22), the Dividend Yield % of REN-Redes Energeticas Nacionais Sgps is 6.21%.

During the past 13 years, the highest Trailing Annual Dividend Yield of REN-Redes Energeticas Nacionais Sgps was 8.79%. The lowest was 5.33%. And the median was 6.61%.

REN-Redes Energeticas Nacionais Sgps's Dividends per Share for the months ended in Dec. 2023 was €0.06.

During the past 12 months, REN-Redes Energeticas Nacionais Sgps's average Dividends Per Share Growth Rate was -29.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -3.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 0.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 1.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of REN-Redes Energeticas Nacionais Sgps was 8.40% per year. The lowest was -3.40% per year. And the median was 0.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

REN-Redes Energeticas Nacionais Sgps Dividend Payout Ratio Historical Data

The historical data trend for REN-Redes Energeticas Nacionais Sgps's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

REN-Redes Energeticas Nacionais Sgps Dividend Payout Ratio Chart

REN-Redes Energeticas Nacionais Sgps Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.79

0.83

0.86

1.02

0.56

REN-Redes Energeticas Nacionais Sgps Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															1.39	-	1.13	-	0.76

Competitive Comparison of REN-Redes Energeticas Nacionais Sgps's Dividend Payout Ratio

For the Utilities - Diversified subindustry, REN-Redes Energeticas Nacionais Sgps's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

REN-Redes Energeticas Nacionais Sgps's Dividend Payout Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, REN-Redes Energeticas Nacionais Sgps's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where REN-Redes Energeticas Nacionais Sgps's Dividend Payout Ratio falls into.

REN-Redes Energeticas Nacionais Sgps Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

REN-Redes Energeticas Nacionais Sgps's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.154	/	0.273
	=	0.56

REN-Redes Energeticas Nacionais Sgps's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.064	/	0.084
	=	0.76

REN-Redes Energeticas Nacionais Sgps (XLIS:RENE) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

REN-Redes Energeticas Nacionais Sgps Dividend Payout Ratio Related Terms

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REN-Redes Energeticas Nacionais Sgps (XLIS:RENE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » REN-Redes Energeticas Nacionais Sgps SA (XLIS:RENE) » Definitions » Dividend Payout Ratio

Traded in Other Exchanges

0KBT:UK RN4:Germany

Address

Avenida Estados Unidos da America, 55, Lisbon, PRT, 1749-061

Website

http://www.ren.pt

REN-Redes Energeticas Nacionais Sgps SA is an energy and utilities company designed for the transmission and distributing electricity and natural gas. The company offers services that manage national energy transmission and distribution systems that include the national electric transmission grid (RNT), the national natural gas transportation grid (RNTGN) and the portgás distribution grid, enabling the creation of an Iberian electricity market that will develop the hydrogen corridor in Europe, together with other European TSOs (Enagas, GRTgaz, Terega and OGE).