TotalEnergies SE Sponsored ADR (NYSE:TTE) Announces €0.85 Quarterly Dividend

TotalEnergies SE Sponsored ADR (NYSE:TTE) declared a quarterly dividend on Thursday, February 8th. Stockholders of record on Wednesday, July 1st will be given a dividend of 0.85 per share on Thursday, July 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend is Wednesday, July 1st.

TotalEnergies has decreased its dividend payment by an average of 0.1%annually over the last three years. TotalEnergies has a dividend payout ratio of 9.9% meaning its dividend is sufficiently covered by earnings. Analysts expect TotalEnergies to earn $9.80 per share next year, which means the company should continue to be able to cover its $0.73 annual dividend with an expected future payout ratio of 7.4%.

TotalEnergies Trading Down 0.0%

NYSE TTE opened at $76.76 on Monday. The company has a current ratio of 1.08, a quick ratio of 0.85 and a debt-to-equity ratio of 0.41. The business has a fifty day simple moving average of $88.15 and a 200 day simple moving average of $80.22. TotalEnergies has a 12 month low of $57.39 and a 12 month high of $94.17. The firm has a market capitalization of $184.05 billion, a P/E ratio of 11.37, a PEG ratio of 2.60 and a beta of 0.12.

TotalEnergies (NYSE:TTE) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $2.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.22 by $0.23. The firm had revenue of $49.52 billion for the quarter, compared to the consensus estimate of $44.58 billion. TotalEnergies had a net margin of 7.43% and a return on equity of 14.01%. On average, analysts predict that TotalEnergies will post 11.09 EPS for the current fiscal year.

TotalEnergies Company Profile

TotalEnergies SE (NYSE: TTE) is a French multinational integrated energy company engaged across the full energy value chain. Founded in 1924 as Compagnie Française des Pétroles, the company grew through a series of mergers and expansions—most notably with Petrofina and Elf Aquitaine around the turn of the millennium—and rebranded to TotalEnergies in 2021 to reflect a broader focus on multiple energy sources. It is organized to operate across upstream and downstream activities while pursuing a transition toward lower-carbon energy solutions.

In upstream, TotalEnergies explores for and produces crude oil and natural gas globally.