Telefónica, S.A. (TEF) Dividend History
Income profile from 1987 to 2025 with payout safety and yield-on-cost trend
TEF Dividend Income Check
Safety
Payout ratio data not available yet.
Consistency
1 straight years of dividend increases.
Income Trend
Yield on cost is 8.6% and trend is falling.
TEF Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). TEF's recent 5Y regime has been stronger than its full 10Y period, so 5Y can appear higher than 10Y.
TEF Income Growth Story
Dividend per share and yield on cost over time (35 years of payments)
TEF Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Telefónica, S.A. has limited earnings payout data (Unknown). When measured against free cash flow—a stricter test—the payout ratio stands at 43.8%, rated "Well Covered".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
TEF has raised its dividend for 1 consecutive year, with a 3-year CAGR of 3.4% and 5-year CAGR of -5.2%.
Total Shareholder Returns
Beyond cash dividends, TEF returns capital through share repurchases. The combined picture: 8.5% dividend yield, 8.5% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 8.6% and is currently falling. The 5-year total return is 26.4%, with dividends contributing 35.8% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $8,318 today.
TEF Recent Dividend Payments
Last 20 payments · Semi-Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Dec 17, 2025Latest | $0.1760 | ↑ +1.9% | 8.61% | Jan 9, 2026 |
| Jun 18, 2025 | $0.1727 | ↑ +11.1% | 6.29% | Jul 11, 2025 |
| Dec 18, 2024 | $0.1554 | ↓ -3.0% | 7.74% | Jan 8, 2025 |
| Jun 18, 2024 | $0.1602 | ↓ -2.7% | 7.61% | Jul 11, 2024 |
| Dec 12, 2023 | $0.1647 | ↑ +0.5% | 8.22% | Jan 3, 2024 |
| Jun 13, 2023 | $0.1639 | ↑ +2.3% | 8.29% | Jul 5, 2023 |
| Dec 13, 2022 | $0.1603 | ↑ +3.3% | 9.17% | Jan 3, 2023 |
| Jun 1, 2022 | $0.1551 | ↓ -7.2% | 6.35% | Jun 27, 2022 |
TEF Dividend vs Peers
Comparable companies in the same industry
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
1st | $24.4B | 8.5% | — | 1 | Unknown |
| $178.4B | 4.5% | 37.4% | 2 | Sustainable | |
| $200.1B | 5.7% | 66.9% | 11 | Watch | |
| $37.6B | 5.0% | — | 0 | Unknown | |
3rd | $20.0B | 6.1% | 1.5% | 5 | Sustainable |
2nd | $22.6B | 7.1% | 34.6% | 0 | Sustainable |
| $209.0B | 1.9% | 37.5% | 3 | Sustainable | |
| $81.5B | 2.2% | 40.0% | 5 | Sustainable |
TEF Annual Dividend History (1987–2025)
37 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2025 | $0.35 | 10.5% | 2 | — | — | — | 8.6% |
| 2024 | $0.32 | -3.9% | 2 | $-0.06 | — | — | 7.8% |
| 2023 | $0.33 | 4.2% | 2 | $-0.20 | — | — | 8.1% |
| 2022 | $0.32 | -21.7% | 2 | $0.31 | 101.7% | 0.98x | 7.8% |
| 2021 | $0.40 | -11.7% | 2 | $1.38 | 29.2% | 3.43x | 9.9% |
| 2020 | $0.46 | 2.3% | 2 | $0.23 | 198.3% | 0.50x | 11.2% |
| 2019 | $0.45 | -3.1% | 2 | $0.32 | 139.3% | 0.72x | 11.0% |
| 2018 | $0.46 | 0.3% | 2 | $0.64 | 71.9% | 1.39x | 11.3% |
| 2017 | $0.46 | -43.1% | 2 | $0.56 | 81.9% | 1.22x | 11.3% |
| 2016 | $0.81 | -17.9% | 2 | $0.42 | 192.0% | 0.52x | 19.9% |
Full TEF Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See TEF's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonTEF — Frequently Asked Questions
Quick answers to the most common questions about buying TEF stock.
How much dividend does TEF pay per share?
Telefónica, S.A. (TEF) pays a trailing 12-month dividend of $0.31 per share, with a current dividend yield of +8.5%. Payments are made Semi-Annual.
When is TEF's next ex-dividend date?
TEF's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. TEF typically pays dividends Semi-Annual.
Is TEF's dividend safe?
TEF's dividend safety is rated "Unknown" based on an earnings payout ratio of N/A and FCF payout ratio of +43.8%. The 1-year growth streak provides moderate confidence.
How many years has TEF increased its dividend?
TEF has 1 consecutive years of dividend growth. The 5-year dividend CAGR is -5.2%.
How often does TEF pay dividends?
Telefónica, S.A. pays dividends Semi-Annual. The trailing 12-month total is $0.31 per share. Dividend data on this page covers 38+ years from 1987 to 2025.
How much would $10,000 invested in TEF grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in TEF five years ago would be worth approximately $12,638 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is TEF's yield on cost for long-term holders?
TEF's yield on cost — the current dividend divided by the original purchase price — is +8.6% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +8.5% market yield, thanks to the lower original cost basis.