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Naturgy Energy Group, S.A. (NTGY.MC) logo

Naturgy Energy Group, S.A.

EURO STOXX 600
NTGY.MC|Utilities|Utilities - Regulated Gas|€26.74|P/E 12.0|MCap 24.8B|BME

Last update: May 9, 2026 at 09:32

Dividend Safety Rating

72/ 100Safe

NTGY.MC's dividend appears safe and well-supported. Strengths include a 79.9% earnings payout ratio & 7.0% fcf payout ratio. Areas of concern: Volatile profit margin stability. As a utility, higher payout ratios and leverage are typical for this regulated sector.

Based on 15 of 15 metrics

Strengths

  • FCF Payout Ratio: 7.0%Free cash flow comfortably covers the dividend.
  • Return on Equity: 22.0%Strong return on equity reflects efficient profit generation.
  • Dividend Streak: 11+ yrsLong, uninterrupted dividend track record.

Risks

  • Profit Margin Stability: VolatileProfit margins have been volatile.

Payout & Coverage

Safe
Earnings Payout Ratio
79.9%Safe
FCF Payout Ratio
7.0%Very Safe
CFO Payout Ratio
47.0%Safe
Interest Coverage
5.4xSafe

Balance Sheet

Caution
Net Debt / Total Assets
31.7%Caution
Current Ratio
1.1xCaution
Debt-to-Equity
167.8Safe

Profitability

Safe
Return on Equity
22.0%Very Safe
Operating Margin
17.9%Safe
Gross Margin
37.4%Safe
Profit Margin Stability
VolatileWarning

Dividend Track Record

Safe
Dividend Streak
11+ yrsVery Safe
Dividend Cut
NoneVery Safe
5-Year Dividend CAGR
5.0%Caution
Earnings Stability
Mostly StableCaution

About Naturgy Energy Group, S.A.

Naturgy Energy Group, S.A. is a Spanish multinational energy company specializing in the generation, distribution, and marketing of natural gas and electricity. Originating from the 2008 acquisition of Union Fenosa, it operates across the entire gas value chain, from procurement and liquefaction to transport, storage, distribution, and retail supply. The company manages Spain's largest gas distribution network and leads as the top retail gas supplier there, while also overseeing gas and electricity networks in Latin American countries like Mexico, Panama, Argentina, and Brazil. With 17.9 GW of total installed generation capacity, including 7.3 GW from renewables such as 3.6 GW wind, 2.2 GW hydraulic, and 1.4 GW solar, Naturgy emphasizes energy transition initiatives like renewable gases, biomethane, and green hydrogen. Present in 24 countries across five continents, it serves over 16 million customers, promoting sustainable development, climate neutrality by 2050, and innovation in eco-friendly energy solutions. Headquartered in Madrid with administrative offices in Barcelona, it plays a pivotal role in global utilities through regulated and deregulated markets, infrastructure management, and LNG trading.

Dividend Overview

Dividend Yield

8.88%

Annual Dividend

€2.37

Frequency

Quarterly

Payout Ratio

79.89%

FCF Payout Ratio

7.05%

Stock Price

€26.74

52-Week Range

€24.30 €27.96

Dividend History (2016–2025)

NTGY.MC annual dividend per share and yield history

Earnings & Profitability

NTGY.MC earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

March 27, 2026

Next Payment Date

Dividend Growth

3-Year Dividend CAGR

14.47%

5-Year Dividend CAGR

4.96%

10-Year Dividend CAGR

7.08%

3-Year Total Growth

50.00%

5-Year Total Growth

27.39%

10-Year Total Growth

98.24%

Income Calculator

NTGY.MC Dividend Calculator

Total Investment

€2,674.00

Annual Income

€237.00

Quarterly Income

€59.25

Monthly Income

€19.75

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Frequently Asked Questions

What is NTGY.MC's current dividend yield?
Naturgy Energy Group, S.A. (NTGY.MC) currently has a dividend yield of 8.88%, based on a stock price of €26.74 and an annual dividend of €2.37.
When is NTGY.MC's next dividend payment date?
NTGY.MC's next ex-dividend date is 2026-03-27 and the next payment date is —. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does NTGY.MC pay in dividends per year?
Naturgy Energy Group, S.A. paid €1.80 per share in annual dividends in 2025. The dividends are paid quarterly.
Has NTGY.MC been increasing its dividend?
Naturgy Energy Group, S.A. has grown its dividend at a 5-year CAGR of 4.96% and a 10-year CAGR of 7.08%.
Is NTGY.MC's dividend safe?
Naturgy Energy Group, S.A. has a payout ratio of 79.89%. Its free cash flow payout ratio is 7.05%. The payout ratio is moderate. Monitor earnings to ensure sustainability.
How is NTGY.MC's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Naturgy Energy Group, S.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.