Eni S.p.A. (E) Declares Special Dividend of $1.39
Eni S.p.A. (NYSE:E) announced a special dividend on Thursday, March 21st. Stockholders of record on Wednesday, May 22nd will be paid a dividend of $1.39 per share on Friday, June 7th. This represents a dividend yield of 5.97%. The ex-dividend date is Monday, May 20th.
A number of analysts have recently weighed in on E shares. Analysts at Zacks reiterated a “neutral” rating on shares of Eni S.p.A. in a research note to investors on Thursday. They now have a $49.00 price target on the stock. On the ratings front, analysts at Investec upgraded shares of Eni S.p.A. from a “sell” rating to a “hold” rating in a research note to investors on Friday, February 15th. Finally, analysts at Citigroup downgraded shares of Eni S.p.A. from a “buy” rating to a “neutral” rating in a research note to investors on Friday, February 8th.
Seven analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $49.00.
Eni S.p.A. (NYSE: E) traded down 1.08% on Thursday, hitting $46.61. Eni S.p.A. has a 1-year low of $36.59 and a 1-year high of $52.27. The stock’s 50-day moving average is currently $47.04. The company has a market cap of $85.122 billion and a price-to-earnings ratio of 8.46.
Eni SpA (NYSE: E) is engaged in the oil and gas, power generation, petrochemicals, oilfield services and engineering industries.
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