Eni S.p.A.
EEnergy · Stock · quarterly payer
Forward Yield
4.91%
Annual Dividend
$2.44
Payout Ratio
104%
5-Yr Growth
-2.2%
Ex-Date
May 19, 2026
Frequency
Quarterly
Summary
As of July 2026, Eni S.p.A. (E) yields 4.91% ($2.44 per share annually), with a blended fair-value estimate of $61.51 — +24% upside, so it screens as undervalued. Dividend safety grade: C (57/100). 3 years of dividend growth.
Is E a good dividend stock?
MixedEni S.p.A. (E) pays a quarterly dividend yielding 4.91% ($2.44/yr), with 3 years 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
- 102% total price return over 5 years
Risks
- Cut its dividend in 2022
- Elevated payout ratio (104%)
- Dividend has been shrinking, not growing
Key Data
- Dividend Yield
- 4.91%
- Payout Ratio
- 104%
- Annual Dividend
- $2.44
- 5-Yr Avg Growth
- -2.2%
- Ex-Dividend Date
- May 19, 2026
- Years of Growth
- 3
- Frequency
- quarterly
- Beta
- 0.23
- Market Cap
- $72.0B
- P/E Ratio
- 22.0
- 5-Yr Total Return
- 102%
- 52-Week Range
- $32.99 – $58.00
- Dividend Safety
- C · 57/100
- Ever Cut?
- Yes (2022)
Frequently Asked Questions
E Price — Last 12 Months
Daily close
Price Return
1 Year
+39%
3 Years
+61%
5 Years
+102%
52-Week Range
$32.99 – $58.00
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is E worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Eni S.p.A. is $61.51 per share, versus a market price of $49.77. That implies 24% of upside — a margin of safety of about 19%.
Fair Value
$61.51
Current Price
$49.77
Upside
+24%
Margin of Safety
19%
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 -3.2% annual free-cash-flow growth. We model 4.4% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 4.4% stage-1 growth, 2.5% terminal growth, $2.26 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
| 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 $2.44 / yr per share
