Eni S.p.A. (E) To Go Ex-Dividend on November 19th

Eni S.p.A. (NYSE:EGet Free Report) announced a — dividend on Friday, June 7th, Wall Street Journal reports. Shareholders of record on Tuesday, November 19th will be given a dividend of 0.4993 per share by the oil and gas exploration company on Friday, December 6th. This represents a yield of 4.7%. The ex-dividend date is Tuesday, November 19th.

ENI has raised its dividend by an average of 16.3% annually over the last three years and has raised its dividend annually for the last 1 consecutive years. ENI has a payout ratio of 46.7% indicating that its dividend is sufficiently covered by earnings. Research analysts expect ENI to earn $4.34 per share next year, which means the company should continue to be able to cover its $2.17 annual dividend with an expected future payout ratio of 50.0%.

ENI Stock Performance

Shares of ENI stock opened at $30.24 on Friday. The firm’s fifty day simple moving average is $32.13 and its 200-day simple moving average is $32.09. The stock has a market capitalization of $51.04 billion, a price-to-earnings ratio of 13.03, a PEG ratio of 1.70 and a beta of 0.98. ENI has a 12 month low of $27.50 and a 12 month high of $34.30. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.24 and a quick ratio of 1.07.

ENI (NYSE:EGet Free Report) last announced its earnings results on Wednesday, April 24th. The oil and gas exploration company reported $1.04 EPS for the quarter, missing analysts’ consensus estimates of $1.22 by ($0.18). The business had revenue of $25.16 billion during the quarter, compared to analyst estimates of $18.83 billion. ENI had a net margin of 3.95% and a return on equity of 12.57%. As a group, equities analysts forecast that ENI will post 4.49 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on E shares. Berenberg Bank lowered shares of ENI from a “buy” rating to a “hold” rating in a research report on Wednesday, March 20th. StockNews.com upgraded shares of ENI from a “hold” rating to a “buy” rating in a research report on Tuesday, April 30th.

View Our Latest Stock Report on E

About ENI

(Get Free Report)

Eni S.p.A. operates as an integrated energy company worldwide. The company engages in exploration, development, extracting, manufacturing, and marketing crude oil and natural gas, oil-based fuels, chemical products, and gas-fired power, as well as energy products from renewable sources. It operates through Exploration & Production; Global Gas & LNG Portfolio (GGP); Enilive, Refining and Chemicals; Plenitude & Power; and Corporate and Other Activities segments.

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Dividend History for ENI (NYSE:E)

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