SmarterDividends
TEFOF

Telefónica (TEFOF) Dividend

Telefónica, S.A. · Communication Services · Telecom Services · semiannual payer

$3.75

Fairly valued · +1% Add to Portfolio

As of Nov 5, 2026, Telefónica (TEFOF) pays a twice-yearly dividend, or $0.17 a year, a 4.60% yield at its $3.75 share price. It pays twice a year, usually in June and December. It has a dividend safety grade of C.

Forward Yield

4.60%

Annual Dividend

$0.17

Payout Ratio

250%

5-Yr Growth

-5.1%

Ex-Date

Jun 16, 2026

Frequency

Semiannual

Key facts about TEFOF's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Telefónica, S.A. (TEFOF) has a forward dividend yield of 4.60%, based on an annual dividend of $0.17 per share and a share price of $3.75.
  • As of Nov 5, 2026, TEFOF's dividend safety grade from SmarterDividends is C (50 out of 100), which rates the dividend as borderline.
  • TEFOF last cut its regular dividend in 2022.
  • TEFOF's most recent ex-dividend date was Dec 16, 2025, for a dividend of $0.18 per share.
  • As of Nov 5, 2026, TEFOF pays out 250% of its trailing 12-month earnings as dividends (its payout ratio).
  • TEFOF's dividend has shrunk at an average rate of 5.1% a year over the past five years.
  • As of Nov 5, 2026, TEFOF's 4.60% yield is 40% below its five-year average yield of 7.70%.
  • As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for TEFOF is $3.77 per share, 1% above the $3.75 share price, so TEFOF screens as fairly valued.
  • Telefónica, S.A. (TEFOF) pays its dividend semiannual, 2 times a year.
Cite this page

SmarterDividends, "TEFOF Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/TEFOF

Is TEFOF a good dividend stock?

Mixed

Telefónica, S.A. (TEFOF) pays a semiannual dividend yielding 4.60% ($0.17/yr), with 1 year of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2022
    • Elevated payout ratio (250%)
    • Dividend has been shrinking, not growing
    • Share price is down over the past 5 years

    Key Data

    Dividend Yield
    4.60%
    Payout Ratio
    250%
    Annual Dividend
    $0.17
    5-Yr Avg Growth
    -5.1%
    Ex-Dividend Date
    Jun 16, 2026
    Years of Growth
    1
    Frequency
    semiannual
    Beta
    0.35
    Market Cap
    $21.1B
    P/E Ratio
    —
    5-Yr Total Return
    -16%
    52-Week Range
    $3.49 – $5.04
    Dividend Safety
    C · 50/100
    Ever Cut?
    Yes (2022)

    TEFOF dividend changes

    Telefónica, S.A. (TEFOF) pays a variable dividend: across the 22 payments on record since 2014, 8 were higher than the one before and 10 lower. The latest change was up 11.4% to $0.176 per share, going ex-dividend on Dec 16, 2025.

    Ex-dateChangeOld → newMove
    Dec 16, 2025Higher$0.158 → $0.176+11.4%
    Jun 17, 2025Higher$0.161 → $0.173+7.5%
    Dec 17, 2024Lower$0.162 → $0.158−2.5%
    Dec 12, 2023Higher$0.158 → $0.162+2.5%
    Jun 13, 2023Higher$0.159 → $0.161+1.3%
    Dec 13, 2022Lower$0.168 → $0.158−6.0%
    Jun 1, 2022Lower$0.242 → $0.159−34.3%
    Dec 1, 2021Lower$0.236 → $0.168−28.8%
    Jun 1, 2021Higher$0.217 → $0.242+11.5%
    Dec 11, 2020Higher$0.223 → $0.236+5.8%
    Jun 17, 2020Lower$0.224 → $0.217−3.1%
    Dec 17, 2019Lower$0.227 → $0.223−1.8%
    Every TEFOF payment →Download every raise and cut (CSV)
    TEFOF ex-dividend date & scheduleNext ex-date Jun 16, 2026 · full ex-dividend historyView →TEFOF dividend historyEvery payment, totals by year, raises and cutsView →TEFOF dividend calculator100 shares pay $17.00 a year, $8.50 every six monthsCalculate →TEFOF total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

    Frequently Asked Questions

    Is TEFOF a good dividend stock?

    Mixed. Telefónica, S.A. (TEFOF) pays a semiannual dividend yielding 4.60% ($0.17/yr), with 1 year of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

    Is TEFOF undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, TEFOF's fair value is about $3.77 versus a $3.75 share price — so it looks fairly valued (+1% vs. fair value).

    Is TEFOF's dividend safe?

    TEFOF has a dividend-safety grade of C (50/100), based on its payout coverage, free-cash-flow, 1-year growth streak, a dividend cut in 2022, debt and yield-versus-history.

    What is TEFOF's fair value?

    Our blended fair-value estimate for TEFOF is about $3.77 per share, roughly 1% above the current $3.75 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is TEFOF a buy, hold, or sell?

    We don't issue formal ratings, but on the data TEFOF screens as "mixed" and fairly valued. Telefónica, S.A. (TEFOF) pays a semiannual dividend yielding 4.60% ($0.17/yr), with 1 year of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

    Will TEFOF cut its dividend?

    TEFOF earns a dividend-safety grade of C (50/100), 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 TEFOF pay a dividend?

    Yes. Telefónica, S.A. pays a semiannual dividend of about $0.17 per share annually, a forward yield of roughly 4.60%.

    How much dividend does 100 shares of TEFOF pay?

    At $0.17 per share a year, 100 shares of TEFOF pay $17.00 a year in dividends before tax, about $8.50 every six months. Buying them costs about $375 at the Nov 5, 2026 price.

    What is TEFOF's dividend yield?

    As of Nov 5, 2026, TEFOF's forward dividend yield is 4.60%, based on a $0.17 annual dividend and a $3.75 share price.

    What is TEFOF's dividend per share?

    As of Nov 5, 2026, TEFOF pays $0.17 per share per year, distributed on a semiannual basis.

    What is TEFOF's dividend payout ratio?

    As of Nov 5, 2026, TEFOF's payout ratio is 250% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

    How many years has TEFOF grown its dividend?

    As of Nov 5, 2026, TEFOF has increased its dividend for 1 consecutive years.

    When is the next TEFOF ex-dividend date?

    As of Nov 5, 2026, TEFOF's next ex-dividend date hasn't been announced. The most recent was Dec 16, 2025, for $0.18 per share.

    Income Calculator

    At $0.17 / yr per share

    Per payment (semiannual)$8.50
    Annual$17.00
    Monthly avg$1.42
    Full TEFOF dividend calculator →

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