Infrastrutture Wireless Italiane S.p.A.

Dividend Aristocrat

Last update: Mar 23, 2026 at 13:52

About 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

3.41%

Annual Dividend

€0.21

Frequency

Annual

Payout Ratio

123.65%

FCF Payout Ratio

92.34%

Stock Price

—

52-Week Range

— – —

Dividend Health Score

Caution

Dividend Health Assessment

INW.MI's dividend shows some areas that warrant monitoring. Strengths include a 139.5 debt-to-equity and 54.7% operating margin. Areas of concern: 123.6% earnings payout ratio and 92.3% fcf payout ratio. As a Dividend Aristocrat with 25+ consecutive years of increases, INW.MI has a proven commitment to shareholders. As a REIT, higher payout ratios are normal since they are required to distribute most taxable income.

Based on 14 of 14 metrics

Payout & Coverage

Warning

Earnings Payout Ratio

123.6%Warning

FCF Payout Ratio

92.3%Warning

CFO Payout Ratio

121.8%Danger

Interest Coverage

4.4xCaution

Balance Sheet

Caution

Net Debt / Total Assets

47.6%Caution

Current Ratio

0.4xDanger

Debt-to-Equity

139.5Safe

Profitability

Safe

Return on Equity

9.6%Caution

Operating Margin

54.7%Very Safe

Gross Margin

94.5%Very Safe

Profit Margin Stability

StableSafe

Dividend Track Record

Safe

Dividend Streak

9+ yrsSafe

5-Year Dividend CAGR

0.1%Warning

Earnings Stability

GrowingVery Safe

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

November 24, 2025

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

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

Income Calculator

INW.MI Dividend Calculator

Number of Shares

Total Investment

€0.00

Annual Income

€21.47

Quarterly Income

€5.37

Monthly Income

€1.79

Frequently Asked Questions

What is INW.MI's current dividend yield?

Infrastrutture Wireless Italiane S.p.A. (INW.MI) currently has a dividend yield of 3.41%, based on a stock price of — and an annual dividend of €0.21.

When is INW.MI's next dividend payment date?

INW.MI's next ex-dividend date is 2025-11-24 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 INW.MI pay in dividends per year?

Infrastrutture Wireless Italiane S.p.A. paid €0.73 per share in annual dividends in 2025. The dividends are paid annual.

Has INW.MI been increasing its dividend?

Yes, Infrastrutture Wireless Italiane S.p.A. is a 4. Its dividend has grown at a 5-year CAGR of 0.13%, a 3-year CAGR of 31.32%.

Is INW.MI's dividend safe?

Infrastrutture Wireless Italiane S.p.A. has a payout ratio of 123.65%. Its free cash flow payout ratio is 92.34%. 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 INW.MI's Dividend Health Score calculated?

The Dividend Health Score evaluates Infrastrutture Wireless Italiane 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 real estate companies. The overall score ranges from 0 to 100.

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

Track INW.MI Dividends with OnlyDividends

What will INW.MI actually pay you after taxes? Track every payout, get notified on payment dates, and stop guessing.

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.