
Eni S.p.A.
EEnergy · Oil & Gas Integrated · Stock · quarterly payer
Forward Yield
4.14%
Annual Dividend
$2.44
Payout Ratio
46%
5-Yr Growth
-2.2%
Ex-Date
Nov 24, 2026
Frequency
Quarterly
Key facts about E's dividend
Data as of · Source: SmarterDividends data
- As of Oct 29, 2026, Eni S.p.A. (E) has a forward dividend yield of 4.14%, based on an annual dividend of $2.44 per share and a share price of $59.65.
- As of Oct 29, 2026, E's dividend safety grade from SmarterDividends is C (59 out of 100), which rates the dividend as borderline.
- By SmarterDividends' count, Eni S.p.A. (E) has raised its dividend for 3 consecutive years as of Oct 29, 2026.
- E last cut its regular dividend in 2022.
- E's next ex-dividend date is Nov 24, 2026, with payment on Dec 7, 2026. Shares must be owned before that date to receive the dividend.
- As of Oct 29, 2026, E pays out 46% of its trailing 12-month earnings as dividends (its payout ratio).
- E's dividend has shrunk at an average rate of 2.2% a year over the past five years.
- As of Oct 29, 2026, E's 4.14% yield is 30% below its five-year average yield of 5.94%.
- As of Oct 29, 2026, SmarterDividends' blended fair-value estimate for E is $31.05 per share, 48% below the $59.65 share price, so E screens as overvalued.
- Eni S.p.A. (E) pays its dividend quarterly, 4 times a year.
Cite this page
SmarterDividends, "E Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 29, 2026, https://smarterdividends.com/stocks/E
Summary
As of Oct 29, 2026, Eni S.p.A. (E) yields 4.14% ($2.44 a year per share), has a dividend safety grade of C (59/100) and has 3 consecutive years of dividend increases on record.
Is E a good dividend stock?
Yes, with caveatsEni S.p.A. (E) pays a quarterly dividend yielding 4.14% ($2.44/yr), with 3 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (46%)
- 135% total price return over 5 years
Risks
- Cut its dividend in 2022
- Dividend has been shrinking, not growing
Key Data
- Dividend Yield
- 4.14%
- Payout Ratio
- 46%
- Annual Dividend
- $2.44
- 5-Yr Avg Growth
- -2.2%
- Ex-Dividend Date
- Nov 24, 2026
- Years of Growth
- 3
- Frequency
- quarterly
- Beta
- 0.26
- Market Cap
- $85.3B
- P/E Ratio
- 17.6
- 5-Yr Total Return
- 135%
- 52-Week Range
- $36.13 – $62.16
- Dividend Safety
- C · 59/100
- Ever Cut?
- Yes (2022)
E dividend changes
Eni S.p.A. (E) pays a variable dividend: across the 58 payments on record since 1996, 30 were higher than the one before and 19 lower. The latest change was up 2.8% to $0.631 per share, going ex-dividend on May 19, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| May 19, 2026 | Higher | $0.614 → $0.631 | +2.8% |
| Mar 24, 2026 | Higher | $0.571 → $0.614 | +7.5% |
| May 20, 2025 | Higher | $0.520 → $0.571 | +9.8% |
| Mar 25, 2025 | Lower | $0.543 → $0.520 | −4.2% |
| Sep 24, 2024 | Higher | $0.499 → $0.543 | +8.8% |
| May 20, 2024 | Lower | $0.519 → $0.499 | −3.9% |
| Mar 18, 2024 | Higher | $0.486 → $0.519 | +6.8% |
| Nov 20, 2023 | Higher | $0.472 → $0.486 | +3.0% |
| May 22, 2023 | Higher | $0.466 → $0.472 | +1.3% |
| Mar 20, 2023 | Higher | $0.447 → $0.466 | +4.3% |
| Sep 19, 2022 | Lower | $0.936 → $0.447 | −52.2% |
| May 23, 2022 | Higher | $0.581 → $0.936 | +61.1% |
Frequently Asked Questions
Is E a good dividend stock?
Yes, with caveats. Eni S.p.A. (E) pays a quarterly dividend yielding 4.14% ($2.44/yr), with 3 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Is E undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, E's fair value is about $31.05 versus a $59.65 share price — so it looks overvalued (-48% vs. fair value).
Is E's dividend safe?
E has a dividend-safety grade of C (59/100), based on its payout coverage, free-cash-flow, 3-year growth streak, a dividend cut in 2022, debt and yield-versus-history.
What is E's fair value?
Our blended fair-value estimate for E is about $31.05 per share, about 48% below the current $59.65 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is E a buy, hold, or sell?
We don't issue formal ratings, but on the data E screens as "yes, with caveats" and overvalued. Eni S.p.A. (E) pays a quarterly dividend yielding 4.14% ($2.44/yr), with 3 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.
Will E cut its dividend?
E earns a dividend-safety grade of C (59/100), and has cut its dividend before (last in 2022). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does E pay a dividend?
Yes. Eni S.p.A. pays a quarterly dividend of about $2.44 per share annually, a forward yield of roughly 4.14%.
What is E's dividend yield?
As of Oct 29, 2026, E's forward dividend yield is 4.14%, based on a $2.44 annual dividend and a $59.65 share price.
What is E's dividend per share?
As of Oct 29, 2026, E pays $2.44 per share per year, distributed on a quarterly basis.
What is E's dividend payout ratio?
As of Oct 29, 2026, E's payout ratio is 46% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has E grown its dividend?
As of Oct 29, 2026, E has increased its dividend for 3 consecutive years.
When is the next E ex-dividend date?
As of Oct 29, 2026, the next ex-dividend date on record for E is Nov 24, 2026.
E Price — Last 12 Months
Daily close
Price Return
1 Year
+66%
3 Years
+87%
5 Years
+135%
52-Week Range
$36.13 – $62.16
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is E worth?
Overvaluedhigh confidenceOur blended fair-value estimate for Eni S.p.A. is $31.05 per share, versus a market price of $59.65. That implies 48% of downside.
Fair Value
$31.05
Current Price
$59.65
Downside
-48%
Margin of Safety
-92%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 7.8% annual free-cash-flow growth. We model 0.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.3% discount rate (CAPM), 0.0% growth for five years fading to 2.5% over the next five, $2.87 EPS, $2.44 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
E Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full E dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 22, 2026 | Oct 7, 2026 | $0.6280 | regular |
| May 19, 2026 | Jun 5, 2026 | $0.6310 | regular |
| Mar 24, 2026 | Apr 8, 2026 | $0.6140 | regular |
| May 20, 2025 | Jun 9, 2025 | $0.5710 | regular |
| Mar 25, 2025 | Apr 7, 2025 | $0.5200 | regular |
| Nov 19, 2024 | Dec 6, 2024 | $0.5430 | regular |
| Sep 24, 2024 | Oct 7, 2024 | $0.5430 | regular |
| May 20, 2024 | Jun 7, 2024 | $0.4990 | regular |
| Mar 18, 2024 | Apr 8, 2024 | $0.5190 | regular |
| Nov 20, 2023 | Dec 7, 2023 | $0.4860 | regular |
| Sep 18, 2023 | Oct 6, 2023 | $0.5270 | regular |
| May 22, 2023 | Jun 8, 2023 | $0.4720 | regular |
| Mar 20, 2023 | Apr 7, 2023 | $0.4660 | regular |
| Nov 21, 2022 | Dec 7, 2022 | $0.4470 | regular |
Income Calculator
At $2.44 / yr per share
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