Eni S.p.A.
EEnergy · Stock · quarterly payer
Forward Yield
4.59%
Annual Dividend
$2.46
Payout Ratio
55%
5-Yr Growth
-2.2%
Ex-Date
Sep 22, 2026
Frequency
Quarterly
Summary
As of September 2026, Eni S.p.A. (E) yields 4.59% ($2.46 per share annually), with a blended fair-value estimate of $67.33 — +26% upside, so it screens as undervalued. Dividend safety grade: C (64/100). 3 years of dividend growth.
Is E a good dividend stock?
Yes, with caveatsEni S.p.A. (E) pays a quarterly dividend yielding 4.59% ($2.46/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 (55%)
- 100% total price return over 5 years
Risks
- Cut its dividend in 2022
- Dividend has been shrinking, not growing
Key Data
- Dividend Yield
- 4.59%
- Payout Ratio
- 55%
- Annual Dividend
- $2.46
- 5-Yr Avg Growth
- -2.2%
- Ex-Dividend Date
- Sep 22, 2026
- Years of Growth
- 3
- Frequency
- quarterly
- Beta
- 0.24
- Market Cap
- $77.2B
- P/E Ratio
- 12.0
- 5-Yr Total Return
- 100%
- 52-Week Range
- $34.03 – $58.00
- Dividend Safety
- C · 64/100
- Ever Cut?
- Yes (2022)
Frequently Asked Questions
E Price — Last 12 Months
Daily close
Price Return
1 Year
+53%
3 Years
+68%
5 Years
+100%
52-Week Range
$34.03 – $58.00
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is E worth?
Undervaluedhigh confidenceOur blended fair-value estimate for Eni S.p.A. is $67.33 per share, versus a market price of $53.58. That implies 26% of upside — a margin of safety of about 20%.
Fair Value
$67.33
Current Price
$53.58
Upside
+26%
Margin of Safety
20%
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 -2.1% annual free-cash-flow growth. We model 3.7% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 3.7% stage-1 growth, 2.5% terminal growth, $4.45 EPS, $2.46 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
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 19, 2026 | — | $0.6310 | regular |
| Mar 24, 2026 | — | $0.6140 | regular |
| May 20, 2025 | — | $0.5710 | regular |
| Mar 25, 2025 | — | $0.5200 | regular |
| Nov 19, 2024 | — | $0.5430 | regular |
| Sep 24, 2024 | — | $0.5430 | regular |
| May 20, 2024 | — | $0.4990 | regular |
| Mar 18, 2024 | — | $0.5190 | regular |
| Nov 20, 2023 | — | $0.4860 | regular |
| Sep 18, 2023 | — | $0.5270 | regular |
| May 22, 2023 | — | $0.4720 | regular |
| Mar 20, 2023 | — | $0.4660 | regular |
| Nov 21, 2022 | — | $0.4470 | regular |
| Sep 19, 2022 | — | $0.4470 | regular |
Income Calculator
At $2.46 / yr per share
