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A2A S.p.A.

Dividend Aristocrat
A2A.MI|Utilities|Utilities - Diversified||P/E 9.0|MCap 7.6B|Borsa Italiana

Last update: Mar 23, 2026 at 13:52

About A2A S.p.A.

A2A S.p.A. is an Italian multi-utility company specializing in energy production, distribution, and sustainable resource management. It generates electricity from diverse sources including hydroelectric, thermoelectric, photovoltaic, cogeneration, biomass, and wind plants, while also producing, selling, and distributing gas and district heating across Italy and internationally. The company manages the full spectrum of waste services, from collection and street sweeping to treatment, disposal, and energy recovery, alongside integrated water cycle operations encompassing catchment, distribution, purification, and sewer management. A2A S.p.A. further handles public lighting, electric mobility infrastructure, video surveillance, and energy efficiency consulting, promoting electrification and circular economy principles. Headquartered in Milan with a registered office in Brescia, it employs around 14,777 people and operates extensively in Northern Italy, with facilities nationwide and in Greece, emphasizing ecological transition, decarbonization, and resource regeneration to support communities and align with UN Sustainable Development Goals. Its integrated model across energy, water, heat, and waste fosters synergies for resilience and shared value creation.

Dividend Overview

Dividend Yield

4.28%

Annual Dividend

€0.10

Frequency

Annual

Payout Ratio

38.68%

FCF Payout Ratio

0.00%

Stock Price

52-Week Range

Dividend Health Score

77/ 100Safe

A2A.MI's dividend appears safe and well-supported. Strengths include a 38.7% earnings payout ratio and 0.0% fcf payout ratio. Areas of concern: 6.3% operating margin and Volatile profit margin stability. As a Dividend Aristocrat with 25+ consecutive years of increases, A2A.MI has a proven commitment to shareholders. As a utility, higher payout ratios and leverage are typical for this regulated sector.

Based on 13 of 14 metrics

Payout & Coverage

Very Safe
Earnings Payout Ratio
38.7%Very Safe
FCF Payout Ratio
0.0%Very Safe
CFO Payout Ratio
N/AN/A
Interest Coverage
7.7xSafe

Balance Sheet

Safe
Net Debt / Total Assets
28.8%Safe
Current Ratio
1.0xCaution
Debt-to-Equity
111.9Safe

Profitability

Caution
Return on Equity
12.5%Safe
Operating Margin
6.3%Warning
Gross Margin
27.0%Caution
Profit Margin Stability
VolatileWarning

Dividend Track Record

Very Safe
Dividend Streak
11+ yrsVery Safe
5-Year Dividend CAGR
5.2%Safe
Earnings Stability
GrowingVery Safe

Dividend History (2016–2025)

A2A.MI annual dividend per share and yield history

Earnings & Profitability

A2A.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

3.42%

5-Year Dividend CAGR

5.23%

10-Year Dividend CAGR

10.66%

3-Year Total Growth

10.62%

5-Year Total Growth

29.03%

10-Year Total Growth

175.48%

2

This company has increased its dividend for 25+ consecutive years.

Income Calculator

A2A.MI Dividend Calculator

Total Investment

€0.00

Annual Income

€10.00

Quarterly Income

€2.50

Monthly Income

€0.83

Frequently Asked Questions

What is A2A.MI's current dividend yield?
A2A S.p.A. (A2A.MI) currently has a dividend yield of 4.28%, based on a stock price of — and an annual dividend of €0.10.
When is A2A.MI's next dividend payment date?
A2A.MI's next ex-dividend date is 2026-05-18 and the next payment date is null. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does A2A.MI pay in dividends per year?
A2A S.p.A. paid €0.10 per share in annual dividends in 2025. The dividends are paid annual.
Has A2A.MI been increasing its dividend?
Yes, A2A S.p.A. is a 2. Its dividend has grown at a 5-year CAGR of 5.23%, a 3-year CAGR of 3.42%, and a 10-year CAGR of 10.66%.
Is A2A.MI's dividend safe?
A2A S.p.A. has a payout ratio of 38.68%. Its free cash flow payout ratio is 0.00%. A payout ratio below 60% is generally considered sustainable.
How is A2A.MI's Dividend Health Score calculated?
The Dividend Health Score evaluates A2A S.p.A.'s dividend sustainability across four categories: Payout & Coverage (40%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (20%). 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 Health Score, 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.