Infrastrutture Wireless Italiane S.p.A.
EURO STOXX 600Last update: May 9, 2026 at 09:32
Dividend Safety Rating
INW.MI's dividend shows some areas that warrant monitoring. Strengths include a 153.1 debt-to-equity & 52.6% operating margin. Areas of concern: 131.2% earnings payout ratio & 92.3% fcf payout ratio. As a REIT, higher payout ratios are normal since they are required to distribute most taxable income.
Based on 15 of 15 metrics
Strengths
- Operating Margin: 52.6%Healthy operating margin provides a wide buffer.
- Gross Margin: 94.5%High gross margin signals strong pricing power.
- Dividend Cut: NoneNo dividend cut in recent history.
Risks
- Earnings Payout Ratio: 131.2%High earnings payout ratio leaves little safety margin.
- CFO Payout Ratio: 121.8%Operating cash flow leaves little room for the payout.
- Current Ratio: 0.6xLimited short-term liquidity to meet obligations.
Payout & Coverage
WarningBalance Sheet
CautionProfitability
SafeDividend Track Record
SafeAbout Infrastrutture Wireless Italiane S.p.A.
Infrastrutture Wireless Italiane S.p.A. is Italy's leading tower company and the largest wireless infrastructure operator, specializing in electronic communications infrastructure. The company builds and manages over 11,000 shared digital towers and sites that host radio transmission equipment for major mobile, fixed wireless access (FWA), IoT, and broadcasting operators, providing pylons, antennas, cabling, power systems, and air conditioning as a neutral host for nationwide coverage. It offers advanced services including indoor and outdoor coverage via distributed antenna systems (DAS) and micro-cells for high-density areas like stadiums, airports, hospitals, shopping centers, historic sites, and public venues, alongside backhauling, site development, permitting, and security management. Serving telecom operators, broadcasters, public entities, and institutions, Infrastrutture Wireless Italiane S.p.A. plays a pivotal role in Italy's digital connectivity, enabling 5G rollout, IoT expansion, and sustainable network infrastructure. Founded in 2015 through a spin-off from Telecom Italia and headquartered in Rome, it solidified its market leadership via the 2020 merger with Vodafone Towers Italia.
Dividend Overview
Dividend Yield
2.98%
Annual Dividend
€0.21
Frequency
Annual
Payout Ratio
131.20%
FCF Payout Ratio
92.34%
Stock Price
—
52-Week Range
€6.07 – €10.80
Dividend History (2016–2025)
INW.MI annual dividend per share and yield history
Earnings & Profitability
INW.MI earnings per share and net profit margin
Key Dates
Next Ex-Dividend Date
May 18, 2026
Next Payment Date
—
Dividend Growth
3-Year Dividend CAGR
31.32%
5-Year Dividend CAGR
0.13%
10-Year Dividend CAGR
N/A
3-Year Total Growth
126.45%
5-Year Total Growth
0.65%
10-Year Total Growth
N/A
Income Calculator
Frequently Asked Questions
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How is INW.MI's Dividend Safety Rating calculated?
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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.