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Terna’s dividend policy
Terna's dividend policy foresees a 4% annual growth in dividends, with 2008 as reference year, and semi-annual coupons, divided into interim dividend and final dividend. Furthermore, as already occurred with the sale of Terna Participações, a part of the capital gains registered with the sale of non-traditional activities may integrate the above-mentioned policy.
The new dividend policy has been announced on November 10, 2009 (press release) and confirmed during the presentation of the 2011-2015 Strategic Plan.
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2004
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October 18, 2004
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October 21, 2004
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0.045
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Interim
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0.115
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May 23, 2005
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May 26, 2005
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0.070
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Final
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2005
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November 21, 2005
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November 24, 2005
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0.050
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Interim
|
0.130
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June 19, 2006
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June 22, 2006
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0.080
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Final
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2006
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November 20, 2006
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November 23, 2006
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0.053
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Interim
|
0.140
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June 18, 2007
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June 21, 2007
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0.087
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Final
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2007
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November 19, 2007
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November 22, 2007
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0.056
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Interim
|
0.151
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June 23, 2008
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June 26, 2008
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0.095
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Final
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2008
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24 Novembre 2008
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27 Novembre 2008
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0.0592
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Interim
|
0.158
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June 22, 2009
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June 25, 2009
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0.0988
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Final
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2009
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November 23, 2009
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November 26, 2009
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0.070
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Interim
|
0.190
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June 21, 2010
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June 24, 2010
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0.120
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Final
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2010
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November 22, 2010
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November 25, 2010
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0.080
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Interim
|
0.210
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June 20, 2011
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June 23, 2011
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0.130
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Final
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2011
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November 21, 2011
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November 24, 2011
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0.080
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Interim
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Note: The Dividend Yield corresponds to the ratio between the dividend and the share price. The values shown have been calculated using the following methodology: value of the dividend per share in relation to the closing price of last day of the month of December of the year to which the dividend refers.
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2004
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October 18, 2004
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October 21, 2004
|
0.045
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Interim
|
0.115
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May 23, 2005
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May 26, 2005
|
0.070
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Final
|
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2005
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November 21, 2005
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November 24, 2005
|
0.050
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Interim
|
0.130
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June 19, 2006
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June 22, 2006
|
0.080
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Final
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2006
|
November 20, 2006
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November 23, 2006
|
0.053
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Interim
|
0.140
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June 18, 2007
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June 21, 2007
|
0.087
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Final
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2007
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November 19, 2007
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November 22, 2007
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0.056
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Interim
|
0.151
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June 23, 2008
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June 26, 2008
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0.095
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Final
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2008
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24 Novembre 2008
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27 Novembre 2008
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0.0592
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Interim
|
0.158
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June 22, 2009
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June 25, 2009
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0.0988
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Final
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2009
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November 23, 2009
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November 26, 2009
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0.070
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Interim
|
0.190
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June 21, 2010
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June 24, 2010
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0.120
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Final
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2010
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November 22, 2010
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November 25, 2010
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0.080
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Interim
|
0.210
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June 20, 2011
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June 23, 2011
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0.130
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Final
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2011
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November 21, 2011
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November 24, 2011
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0.080
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Interim
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