Tenaris S.A. (TS) Dividend History
Income profile from 2003 to 2026 with payout safety and yield-on-cost trend
TS Dividend Income Check
Safety
46.6% payout ratio with sustainable safety profile.
Consistency
5 straight years of dividend increases.
Income Trend
Yield on cost is 10.6% and trend is rising.
TS Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). TS's recent 5Y regime has been stronger than its full 10Y period, so 5Y can appear higher than 10Y.
TS Income Growth Story
Dividend per share and yield on cost over time (24 years of payments)
TS Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Tenaris S.A. distributes 46.6% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 46.1%, rated "Well Covered".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
TS has raised its dividend for 5 consecutive years, with a 3-year CAGR of 23.6% and 5-year CAGR of 19.4%.
Total Shareholder Returns
Beyond cash dividends, TS returns capital through share repurchases. The combined picture: 2.8% dividend yield, 4.1% buyback yield, 6.8% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 10.6% and is currently rising. The 5-year total return is 190.6%, with dividends contributing 23.8% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $27,527 today.
TS Recent Dividend Payments
Last 20 payments · Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 19, 2026Latest | $1.2000 | ↑ +106.9% | 2.79% | May 20, 2026 |
| Nov 25, 2025 | $0.5800 | ↓ -48.2% | 4.29% | Dec 3, 2025 |
| May 20, 2025 | $1.1200 | ↑ +107.4% | 4.98% | May 28, 2025 |
| Nov 19, 2024 | $0.5400 | ↓ -32.5% | 3.64% | Nov 27, 2024 |
| May 20, 2024 | $0.8000 | ↑ +100.0% | 3.47% | May 29, 2024 |
| Nov 20, 2023 | $0.4000 | ↓ -41.2% | 3.14% | Nov 29, 2023 |
| May 22, 2023 | $0.6800 | ↑ +100.0% | 3.87% | May 24, 2023 |
| Nov 21, 2022 | $0.3400 | ↓ -39.3% | 2.73% | Nov 30, 2022 |
TS Dividend vs Peers
Comparable companies in the same industry
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
1st | $33.5B | 2.8% | 46.6% | 5 | Sustainable |
| $38.4B | 0.7% | 24.0% | 12 | Sustainable | |
2nd | $919M | 1.6% | — | 0 | Unknown |
| $35.0B | 0.8% | 24.6% | 15 | Sustainable | |
| $53.3B | 0.9% | 29.4% | 15 | Sustainable | |
3rd | $19.2B | 1.3% | 34.4% | 23 | Sustainable |
| $2.0B | 1.0% | 36.9% | 6 | Sustainable |
TS Annual Dividend History (2002–2026)
25 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $1.20 | — | 1 | — | — | — | 7.5% |
| 2025 | $1.70 | 26.9% | 2 | $3.72 | 45.7% | 2.19x | 10.6% |
| 2024 | $1.34 | 24.1% | 2 | $7.24 | 18.5% | 5.40x | 8.4% |
| 2023 | $1.08 | 20.0% | 2 | $6.66 | 16.2% | 6.17x | 6.7% |
| 2022 | $0.90 | 66.7% | 2 | $4.32 | 20.8% | 4.80x | 5.6% |
| 2021 | $0.54 | -22.9% | 2 | $1.86 | 29.0% | 3.44x | 3.4% |
| 2020 | $0.70 | -14.6% | 2 | $-1.08 | — | — | 4.4% |
| 2019 | $0.82 | 0.0% | 2 | $1.26 | 65.1% | 1.54x | 5.1% |
| 2018 | $0.82 | 0.0% | 2 | $1.48 | 55.4% | 1.80x | 5.1% |
| 2017 | $0.82 | -4.7% | 2 | $0.92 | 89.1% | 1.12x | 5.1% |
Full TS Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See TS's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs TS Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare TS vs XOM
Side-by-side business, growth, and profitability comparison vs Exxon Mobil Corporation.
Start ComparisonTS — Frequently Asked Questions
Quick answers to the most common questions about buying TS stock.
How much dividend does TS pay per share?
Tenaris S.A. (TS) pays a trailing 12-month dividend of $1.73 per share, with a current dividend yield of +2.8%. Payments are made Annual.
When is TS's next ex-dividend date?
TS's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. TS typically pays dividends Annual.
Is TS's dividend safe?
TS's dividend safety is rated "Sustainable" based on an earnings payout ratio of +46.6% and FCF payout ratio of +46.1%. The 5-year growth streak provides moderate confidence.
Is TS a Dividend Payer?
Yes, Tenaris S.A. is classified as a Dividend Payer with 5 consecutive years of dividend increases. The 5-year dividend CAGR is +19.4%, demonstrating above-inflation dividend growth.
How often does TS pay dividends?
Tenaris S.A. pays dividends Annual. The trailing 12-month total is $1.73 per share. Dividend data on this page covers 23+ years from 2003 to 2026.
How much would $10,000 invested in TS grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in TS five years ago would be worth approximately $29,056 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is TS's yield on cost for long-term holders?
TS's yield on cost — the current dividend divided by the original purchase price — is +10.6% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +2.8% market yield, thanks to consistent dividend growth.