What is Eni's dividend policy?
Eni’s remuneration policy is based on a progressive dividend paid entirely in cash.
For 2017, we confirm our commitment to pay a full cash dividend of €0.8 per share. This level of remuneration was defined with reference to two main parameters.
1. The first aims to ensure the coverage of investments and dividends with cash flow from operations:
- organically (without the contribution of divestments) in 2017, in a scenario of oil prices at $60 a barrel
- organically (without the contribution of divestments) in the period 2018-20, in a scenario of oil prices below <$60 a barrel
2. The second follows a payout ratio (the percentage of profits distributed as dividends) that is sustainable in the long term and in line with profit growth.
What is the taxation on dividends?
What is the code number for Eni shares?
This code is an ISIN (International Securities Identification Number).
For Eni shares the ISIN code is IT0003132476.
In addition to the ISIN code, Eni shares are also identified by two other codes for the Uk and US markets respectively.
Code SEDOL: 7145056
Code CUSIP: 26874R108
Shares are also identified with an abbreviation or ticker that varies according to the market: the abbreviation for Eni shares listed on the Italian Stock Exchange is ENI.
Depending on the financial news agencies (Reuters, Bloomberg) the suffix of the abbreviation may vary, as follows:
Italian Stock Exchange:
For information on Eni share price on the Milan Stock Exchange, please click here.
For information on ADR prices of Eni stocks on the NYSE, please click here.
Eni ADRs are listed without a suffix by Reuters (E), while the suffix N is used by Bloomberg (E.US).
Does Eni have a dividend reinvestment program?
What do the terms "ex-dividend", "declaration date" and "payable date"mean?
Payable date: the date on which the dividend is paid.
Record date: is the date on which the company finalizes the list of investors who will receive the dividend payment.
Where can I obtain the updated Eni stock quotes and performance?
In this area, you can also find detailed information on Eni Companies.