SmarterDividends
TELF

Telefónica (TELFY) Dividend

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

$3.83

Undervalued · +107% Add to Portfolio

As of Nov 5, 2026, Telefónica (TELFY) pays a twice-yearly dividend of $0.1750 per share, or $0.35 a year, a 9.13% yield at its $3.83 share price. It pays twice a year, usually in January and July. It has a dividend safety grade of C.

Forward Yield

9.13%

Annual Dividend

$0.35

Payout Ratio

252%

5-Yr Growth

-5.1%

Ex-Date

Jun 17, 2026

Frequency

Semiannual

Key facts about TELFY's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Telefónica, S.A. (TELFY) has a forward dividend yield of 9.13%, based on an annual dividend of $0.35 per share and a share price of $3.83.
  • As of Nov 5, 2026, TELFY's dividend safety grade from SmarterDividends is C (52 out of 100), which rates the dividend as borderline.
  • TELFY last cut its regular dividend in 2022.
  • TELFY's most recent ex-dividend date was Jun 17, 2026, for a dividend of $0.18 per share.
  • As of Nov 5, 2026, TELFY pays out 252% of its trailing 12-month earnings as dividends (its payout ratio).
  • TELFY's dividend has shrunk at an average rate of 5.1% a year over the past five years.
  • As of Nov 5, 2026, TELFY's 9.13% yield is 19% above its five-year average yield of 7.70%.
  • As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for TELFY is $7.94 per share, 107% above the $3.83 share price, so TELFY screens as undervalued.
  • Telefónica, S.A. (TELFY) pays its dividend semiannual, 2 times a year.
Cite this page

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

Is TELFY a good dividend stock?

Mixed

Telefónica, S.A. (TELFY) pays a semiannual dividend yielding 9.13% ($0.35/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 (252%)
    • Dividend has been shrinking, not growing
    • Very high yield can signal elevated risk
    • Share price is down over the past 5 years

    Key Data

    Dividend Yield
    9.13%
    Payout Ratio
    252%
    Annual Dividend
    $0.35
    5-Yr Avg Growth
    -5.1%
    Ex-Dividend Date
    Jun 17, 2026
    Years of Growth
    1
    Frequency
    semiannual
    Beta
    0.35
    Market Cap
    $21.6B
    P/E Ratio
    —
    5-Yr Total Return
    -18%
    52-Week Range
    $3.41 – $4.94
    Dividend Safety
    C · 52/100
    Ever Cut?
    Yes (2022)

    TELFY dividend changes

    Telefónica, S.A. (TELFY) pays a variable dividend: across the 68 payments on record since 1988, 37 were higher than the one before and 23 lower. The latest change was up 1.2% to $0.175 per share, going ex-dividend on Jun 17, 2026.

    Ex-dateChangeOld → newMove
    Jun 17, 2026Higher$0.173 → $0.175+1.2%
    Dec 17, 2025Higher$0.155 → $0.176+13.5%
    Jun 18, 2025Higher$0.163 → $0.173+6.1%
    Dec 18, 2024Lower$0.159 → $0.155−2.5%
    Jun 18, 2024Lower$0.165 → $0.163−1.2%
    Dec 12, 2023Higher$0.155 → $0.159+2.6%
    Jun 13, 2023Higher$0.158 → $0.165+4.4%
    Dec 13, 2022Lower$0.166 → $0.155−6.6%
    Jun 1, 2022Lower$0.242 → $0.158−34.7%
    Dec 1, 2021Lower$0.236 → $0.166−29.7%
    Jun 1, 2021Higher$0.218 → $0.242+11.0%
    Dec 11, 2020Higher$0.222 → $0.236+6.3%
    Every TELFY payment →Download every raise and cut (CSV)
    TELFY ex-dividend date & scheduleNext ex-date Jun 17, 2026 · full ex-dividend historyView →TELFY dividend historyEvery payment, totals by year, raises and cutsView →TELFY dividend calculator100 shares pay $35.00 a year, $17.50 every six monthsCalculate →TELFY total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

    Frequently Asked Questions

    Is TELFY a good dividend stock?

    Mixed. Telefónica, S.A. (TELFY) pays a semiannual dividend yielding 9.13% ($0.35/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 TELFY undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, TELFY's fair value is about $7.94 versus a $3.83 share price — so it looks undervalued (+107% vs. fair value).

    Is TELFY's dividend safe?

    TELFY has a dividend-safety grade of C (52/100), based on its payout coverage, free-cash-flow, 1-year growth streak, a dividend cut in 2022, debt and yield-versus-history.

    What is TELFY's fair value?

    Our blended fair-value estimate for TELFY is about $7.94 per share, roughly 107% above the current $3.83 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is TELFY a buy, hold, or sell?

    We don't issue formal ratings, but on the data TELFY screens as "mixed" and undervalued. Telefónica, S.A. (TELFY) pays a semiannual dividend yielding 9.13% ($0.35/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 TELFY cut its dividend?

    TELFY earns a dividend-safety grade of C (52/100), 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 TELFY pay a dividend?

    Yes. Telefónica, S.A. pays a semiannual dividend of about $0.35 per share annually, a forward yield of roughly 9.13%.

    How much dividend does 100 shares of TELFY pay?

    At $0.35 per share a year, 100 shares of TELFY pay $35.00 a year in dividends before tax, about $17.50 every six months. Buying them costs about $383 at the Nov 5, 2026 price.

    What is TELFY's dividend yield?

    As of Nov 5, 2026, TELFY's forward dividend yield is 9.13%, based on a $0.35 annual dividend and a $3.83 share price.

    What is TELFY's dividend per share?

    As of Nov 5, 2026, TELFY pays $0.35 per share per year, distributed on a semiannual basis.

    What is TELFY's dividend payout ratio?

    As of Nov 5, 2026, TELFY's payout ratio is 252% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

    How many years has TELFY grown its dividend?

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

    When is the next TELFY ex-dividend date?

    As of Nov 5, 2026, TELFY's next ex-dividend date hasn't been announced. The most recent was Jun 17, 2026, for $0.18 per share.

    Income Calculator

    At $0.35 / yr per share

    Per payment (semiannual)$17.50
    Annual$35.00
    Monthly avg$2.92
    Full TELFY dividend calculator →

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