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TotalEnergies Proposes 7% Increase in 2024 Dividend
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TotalEnergies Proposes 7% Increase in 2024 Dividend

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TotalEnergies SE ( (FR:TTE) ) just unveiled an update.

TotalEnergies has announced a proposed dividend increase to 3.22 euros per share for fiscal year 2024, marking a 7% rise from the previous year. This decision, approved by the Board of Directors and pending shareholder approval, reflects a consistent strategy of dividend growth, aligning with past increases and signaling confidence in the company’s financial stability and commitment to returning value to shareholders.

More about TotalEnergies SE

TotalEnergies is a global integrated energy company involved in producing and marketing a range of energies, including oil, biofuels, natural gas, green gases, renewables, and electricity. With over 100,000 employees, the company focuses on providing energy that is reliable, affordable, and sustainable, and operates in about 120 countries with sustainability as a core part of its strategy.

YTD Price Performance: 11.89%

Average Trading Volume: 2,543,271

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: €127.6B

For detailed information about TTE stock, go to TipRanks’ Stock Analysis page.

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