Get Ready to Profit: Tenaris Announces Dividend for Investors! – Get the details here in this article. Tenaris S.A., together with its subsidiaries, produces and sells seamless and welded steel tubular products; and provides related services for the oil and gas industry, and other industrial applications and has announced a dividend payout of $0.68 per stock.
This dividend announcement comes after a strong performance by the company in the fiscal year 2022, with Tenaris reporting total revenue of 11.76 billion USD with a total net income of 2.55 billion USD. The company’s total revenue from operations also saw healthy growth.
The dividend announcement is a reflection of Tenaris’s strong financial performance and its commitment to creating value for its shareholders. Investors who are looking for long-term investments with consistent dividend income can consider adding Tenaris to their investment portfolio.
The dividend payout of $0.68 per stock represents a dividend yield of approximately 3.79% based on Tenaris’s current market price of $26.90 per stock.
Investors who hold Tenaris stocks are likely to benefit from this announcement as they will receive the dividend payout. Tenaris’s dividend announcement is expected to be well-received by its investors, as it indicates the company’s commitment to sharing its profits with its shareholders.
The ex-dividend date is 22 May 2023. Therefore, investors who wish to receive the dividend must purchase Tenaris stocks before 22 May 2023.
Tenaris Dividend History | Get Ready to Profit: Tenaris Announces Dividend for Investors!
Tenaris Dividend – The current dividend yield of Tenaris is 3.79%.
| Dividend | Amount | Date |
| Cash Dividend | $0.170 | Nov 21, 2022 |
| Cash Dividend | $0.280 | May 23, 2022 |
| Cash Dividend | $0.130 | Nov 22, 2021 |
| Cash Dividend | $0.140 | May 24, 2021 |
| Cash Dividend | $0.070 | Nov 23, 2020 |
| Cash Dividend | $0.130 | Nov 18, 2019 |
Dividend Stocks 2023
Tenaris S.A., together with its subsidiaries, produces and sells seamless and welded steel tubular products; and provides related services for the oil and gas industry, and other industrial applications.
Tenaris management:
Chairman and Chief Executive Officer – Paolo Rocca
Website: tenaris.com
Conclusion
In conclusion, Tenaris’s dividend announcement of $0.68 is a positive development for investors who hold stocks in the company. Investors should take note of the ex-dividend date of May 22, 2023, and consider adding Tenaris to their investment portfolio for long-term growth and consistent dividend income.
Disclaimer: This is not investment advice, this information is only for educational purposes.
FAQ | Best Dividend Stocks 2023
Is Tenaris a good investment?
As per experts, Tenaris looks suitable for long-term investment.
Is Tenaris Government or Private?
Tenaris is a private company.
Is Tenaris a dividend-paying stock?
Yes, Tenaris is a dividend-paying stock. The current dividend yield of Tenaris is 3.79%.
What does Tenaris do?
Tenaris S.A., together with its subsidiaries, produces and sells seamless and welded steel tubular products; and provides related services for the oil and gas industry, and other industrial applications.
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