About Telecom Italia S.p.A. (TIAIY) — Dividend Analysis 2026
Telecom Italia S.p.A., together with its subsidiaries, provides fixed and mobile telecommunications services in Italy and internationally. The company operates through Domestic, Brazil, and Other Operations segments. It offers fixed and mobile voice and Internet, and public telephony services, as well as products managed and developed for individuals and families; and voice, data, and Internet services and products, and information and communications technology solutions for small and medium-size enterprises, small offices/home offices, the public sector, large accounts, and enterprises in the fixed and mobile telecommunications markets. The company also manages and develops a portfolio of regulated and unregulated wholesale services for fixed-line and mobile telecommunications operators; and development, engineering, construction, and operation of network infrastructures, information technology (IT), and systems and properties. In addition, it is involved in customer care, operating credit support, loyalty, and retention activities. The company has a strategic partnership with Google Cloud. Telecom Italia S.p.A. was incorporated in 1908 and is headquartered in Rome, Italy.
Is TIAIY a good dividend investment in 2026?
TIAIY offers a 24.88% forward yield with a 50% payout ratio. Strand Safety Score: 60/100 (Moderate Risk). The 5-year dividend CAGR of -50% is modest — investors should weigh current income against growth alternatives.
TIAIY DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your TIAIY portfolio grows to $1.87M vs $1.69M without reinvestment. This is the compound interest effect in action.
TIAIY dividend growth history & forecast
TIAIY has grown its dividend by 0% over the last year and -50% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 24.88%.
FCF ($828M) is below dividends paid ($4.3B) — risk of cut (FCF: $828M · Dividends est.: $4.3B)
Debt Leverage0.0× Debt/EBITDA
30 / 30 pts
30/30
Debt/EBITDA 0.0× — low leverage, balance sheet is strong
Earnings Momentum+0.5B → -0.6B → -1.4B
30 / 30 pts
30/30
Net income grew for 2 consecutive years — strong earnings momentum
OVERALL ASSESSMENT
Dividend at moderate risk — monitor coverage and debt closely.
STRAND SCORE
60
/100
Strand Safety Score™ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.
🌍 TIAIY Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold TIAIY.
Gross yield
24.88%
Tax rate
15.00%
After-tax yield
21.15%
Real yield (−CPI)
18.35%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
24.88%
22.08%
$2,488 / yr
🇺🇸 US Taxable (15%) ✓
15%
21.15%
18.35%
$2,115 / yr
🇺🇸 US Taxable (20%)
20%
19.90%
17.10%
$1,990 / yr
🇬🇧 UK ISA
0%
24.88%
22.08%
$2,488 / yr
🇬🇧 UK Taxable
8.75%
22.70%
19.90%
$2,270 / yr
🇨🇦 TFSA
0%
24.88%
22.08%
$2,488 / yr
🇨🇦 CA Taxable
25%
18.66%
15.86%
$1,866 / yr
🇦🇺 Super (pension)
15%
21.15%
18.35%
$2,115 / yr
🇦🇺 AU Taxable
30%
17.42%
14.62%
$1,742 / yr
🇩🇪 DE Taxable
26.375%
18.32%
15.52%
$1,832 / yr
🇫🇷 FR Taxable
30%
17.42%
14.62%
$1,742 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 TIAIY Income Goal & Break-Even
Dividend Break-Even
50yr+
Years for dividends to fully repay your TIAIY investment of $8.04/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$2.2K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$-280.63
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in TIAIY for:
Shares needed
14,118
Capital required
$113,509
Monthly income
$2,000
Based on current dividend of $2.00/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 TIAIY Dividend Payment Schedule
TIAIY pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$4.25 / payment
$17.00 / year after tax
100 shares
$42.50 / payment
$170.00 / year after tax
1,000 shares
$425.00 / payment
$1700.00 / year after tax
📊 TIAIY vs Communication Services Benchmarks
How TIAIY compares to typical Communication Services averages.
Benchmark: Communication Services
Dividend Yield▲+22.58% vs sectorBetter
TIAIY
24.88%
avg
2.30%
5Y Dividend CAGR▼-55.20% vs sectorBelow avg
TIAIY
-50.00%
avg
5.20%
Payout Ratio▼+2.00% vs sectorBelow avg
TIAIY
50.00%
avg
48.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for TIAIY sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ TIAIY Insider Activity
No recent SEC filings reported in the last 90 days.
📅
Next Earnings Report: 2026-05-06(in 35 days)
🔬
Financial Health Scores
Altman Z-Score
0.89
🔴 Distress Zone — elevated dividend cut risk
Safe: >3.0 · Grey: 1.81–3.0 · Distress: <1.81
Piotroski F-Score
7/9
✅ Strong fundamentals
Strong: 7–9 · Moderate: 4–6 · Weak: 0–3
Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores → lower dividend cut risk. Data via FMP financial statements.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the TIAIY dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →