Enel Dividend Forecast: Payment Dates and Details

Introduction

Enel, a leading energy company based in Italy, is committed to providing consistent returns to its shareholders through dividend payments. Understanding the upcoming dividend schedule and payment dates is crucial for investors looking to maximize their returns.

Total Dividend for 2023

For the fiscal year 2023, Enel has announced a total dividend of €0.40 per share. This dividend is divided into an interim dividend of €0.20 paid in January 2023 and a final dividend of €0.20 proposed for approval at the upcoming shareholders' meeting.

Payment Dates

The ex-dividend date for the interim dividend was January 22, 2024, while the payment date was January 25, 2024. The ex-dividend date for the final dividend is expected to be announced after the shareholders' meeting.

Dividend Yield and Growth

Based on the current share price, the dividend yield for the full-year dividend of €0.40 is approximately 6%. This yield is considered attractive compared to other utility companies in the industry.

Enel has a history of consistently increasing its dividends, reflecting the company's strong financial performance and commitment to shareholder returns.

Conclusion

Enel's dividend payments provide a valuable source of income for shareholders. The total dividend for 2023, combined with the attractive dividend yield and growth potential, makes Enel an attractive investment option for investors seeking dividend income and capital appreciation.