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Enel S.p.A. (ENEL.MI) logo

Enel S.p.A.

EURO STOXX 600

ENEL.MI/Utilities · Utilities - Diversified/Borsa Italiana

Dividend Yield

4.93%

€0.48 · Annual Dividend

Stock Price€10.06P/E26.2MCap93.2BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

58/ 100Caution

ENEL.MI's dividend shows some areas that warrant monitoring. Strengths include a 139.9 debt-to-equity & 19.3% operating margin. Areas of concern: 127.6% earnings payout ratio & 134.7% fcf payout ratio. The dividend has been growing at a 7.46% 5-year CAGR. As a utility, higher payout ratios and leverage are typical for this regulated sector.

Based on 15 of 15 metrics

Strengths

  • Gross Margin: 55.8%High gross margin signals strong pricing power.
  • Dividend Streak: 11+ yrsLong, uninterrupted dividend track record.
  • Dividend Cut: NoneNo dividend cut in recent history.

Risks

  • Earnings Payout Ratio: 127.6%High earnings payout ratio leaves little safety margin.
  • FCF Payout Ratio: 134.7%Free cash flow is tight relative to the dividend.
  • Current Ratio: 0.8xLimited short-term liquidity to meet obligations.

Payout & Coverage

Warning
134.7%Danger
65.8%Caution

Balance Sheet

Caution

Profitability

Safe
10.6%Caution
55.8%Very Safe

Dividend Track Record

Very Safe
11+ yrsVery Safe
NoneVery Safe
GrowingVery Safe

About Enel S.p.A.

Enel S.p.A. is a multinational integrated energy company headquartered in Rome, Italy, founded in 1962 as Italy's National Electricity Board to unify the nation's electricity generation, transmission, and distribution. It operates in over 30 countries across Europe, Latin America, North America, Africa, Asia, and Oceania, serving approximately 61 million customers worldwide through extensive distribution networks spanning about 1.9 million kilometers. As the largest private operator in renewables by installed capacity, with around 63 GW in wind, solar, hydroelectric, geothermal, and other technologies, Enel S.p.A. generates, distributes, transmits, and sells electricity while also handling natural gas transportation and marketing. The company pioneered innovations like the world's first smart meters in 2001 and leads in smart grids, energy storage, demand response, and e-vehicle charging infrastructure via Enel X. Committed to sustainability, it aims to phase out coal by 2027 and achieve net-zero CO2 emissions by 2040, driving the global energy transition with a workforce of over 60,000 employees.

Dividend Overview

Dividend Yield

4.93%

Annual Dividend

€0.48

Frequency

Semi-Annual

Payout Ratio

127.63%

FCF Payout Ratio

134.72%

52-Week Range

€7.58 - €10.31

Dividend History (2016–2025)

ENEL.MI annual dividend per share and yield history

Earnings & Profitability

ENEL.MI earnings per share and net profit margin

Key Dates

Next Ex-Dividend Date

July 20, 2026

Next Payment Date

Dividend Growth

3-Year Dividend CAGR

7.34%

5-Year Dividend CAGR

7.46%

10-Year Dividend CAGR

12.87%

3-Year Total Growth

23.68%

5-Year Total Growth

43.29%

10-Year Total Growth

235.71%

Income Calculator

ENEL.MI Dividend Calculator

Total Investment

€1,006.40

Annual Income

€48.50

Quarterly Income

€12.13

Monthly Income

€4.04

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Frequently Asked Questions

What is ENEL.MI's current dividend yield?
Enel S.p.A. (ENEL.MI) currently has a dividend yield of 4.93%, based on a stock price of €10.06 and an annual dividend of €0.48.
When is ENEL.MI's next dividend payment date?
ENEL.MI's next ex-dividend date is 2026-07-20 and the next payment date is —. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does ENEL.MI pay in dividends per year?
Enel S.p.A. paid €0.47 per share in annual dividends in 2025. The dividends are paid semi-annual.
Has ENEL.MI been increasing its dividend?
Enel S.p.A. has grown its dividend at a 5-year CAGR of 7.46% and a 10-year CAGR of 12.87%.
Is ENEL.MI's dividend safe?
Enel S.p.A. has a payout ratio of 127.63%. Its free cash flow payout ratio is 134.72%. The payout ratio is above 100%, which may indicate the company is paying more in dividends than it earns. This could be unsustainable long-term.
How is ENEL.MI's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Enel S.p.A.'s dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for utilities companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.