Dividend Insights for Eni SpA: Key Information Ahead of Ex-Dividend Date May 20, 2025

Eni SpA has announced a dividend of $0.547 per share, with the ex-dividend date set for May 20, 2025. The announcement was made on Apr 11, 2025, and the dividend will be paid on Jun 9, 2025. This dividend is lower compared to the average of the last ten dividends, which stands at $1.303 per share. The previous dividend, issued on Apr 7, 2025, was $0.520 per share, also classified as a cash dividend. This adjustment in dividend value reflects Eni's current financial strategies and market conditions.

Recently, Eni has been the focus of significant investor interest due to its strategic decisions. Over the past week, Eni has been in talks to sell a 20% stake in its renewable and retail arm, Plenitude, to Ares Management's alternative credit unit. Reports indicate that an exclusivity agreement has been signed, marking substantial progress in this potential transaction. This move is part of Eni's broader efforts to streamline its operations and focus on sustainable energy solutions, which is crucial for its long-term growth strategy.

In addition, Eni has launched a new Share Buyback Program, set to be completed by Apr 2026. The program aims to buy back up to 315 million shares, representing approximately 10% of the company's share capital. This initiative is likely to improve shareholder value and reflects Eni's confidence in its financial health and future prospects. As of late, Eni has also commenced gas production at the Merakes East Gas Field in Indonesia, increasing its output by 18,000 boepd. This development is a vital component of Eni's LNG growth strategy in Southeast Asia, reinforcing its commitment to expanding its presence in the region.

As a conclusion, Eni's strategic maneuvers in renewable energy, share buybacks, and gas production are pivotal steps that are expected to influence its market performance in the near future. Investors are reminded that May 20, 2025 is the last day to purchase Eni's stock and be eligible for the forthcoming dividend, with any acquisitions post this date not qualifying for the dividend distribution.