Is the Galp Energia SGPS Dividend Safe?
Galp Energia SGPS has been increasing the dividend for 1 years.
Over the past 10 years, Galp Energia SGPS has increased it by an annual 7.218 %.
Over a five-year period, the distribution increased by -1.617%.
Analysts expect a Dividend Cut of -100% for the current fiscal year.
Galp Energia SGPS Aktienanalyse
What does Galp Energia SGPS do?
Galp Energia SGPS SA is a Portuguese company in the energy industry. It was founded in 1999 and has its headquarters in Lisbon, Portugal. The history of Galp Energia dates back to the 19th century when the company Companhia de Fornecimento de Gás was established, initially offering gas and later electricity supply in Portugal. In 1950, the company was renamed Petrogal and started oil production in Portugal. In 1999, Galp Energia was founded as a holding company and has been listed on the Portuguese stock exchange since 2006. Galp Energia operates in various business areas, including oil and gas exploration and production, refineries, fuel distribution, and electricity generation and distribution. The company operates in Portugal, Spain, Brazil, Angola, and Mozambique, and is expanding internationally. Exploration and production of oil and gas are a significant part of Galp Energia's business model. The company operates various oil and gas fields in Portugal, Brazil, and Angola in collaboration with other companies. The Galp Energia refinery in Sines, Portugal processes the harvested resources and produces various types of fuels. Fuel distribution is another important business area for Galp Energia. The company has an extensive network of gas stations in Portugal and Spain, offering various types of fuels such as gasoline and diesel. Galp Energia also offers electricity tariffs in Portugal and Spain and has experienced rapid growth in this area. The company also has a significant role in the development of renewable energies in Portugal and internationally. It operates various wind and solar power plants in Portugal and Spain and has renewable energy projects in Brazil and Angola as well. Galp Energia is also involved in the development of hydrogen technologies, having initiated various projects in this field. In terms of products, Galp Energia offers various solutions. In addition to fuels and electricity tariffs, the company provides solutions for fleets and businesses to reduce fuel consumption and environmental impact. Galp Energia also offers solutions for private energy services, such as heating, cooling, and lighting systems, as well as solar panel installations. Overall, Galp Energia is an important player in the energy industry. The company has a long history and has focused on renewable energy in recent years to diversify its business and address climate change. Galp Energia offers various products and solutions to meet the needs of businesses and residential customers. Galp Energia SGPS is one of the most popular companies on Eulerpool.com.Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.