About Terna Energy Societe Anonyme Commercial Technical Company (TREAF) — Dividend Analysis 2026
Terna Energy Societe Anonyme Commercial Technical Company operates in the renewable energy sources (RES), construction, trading of electric energy, and concessions sectors in Greece, Balkans, Eastern Europe, and North America. The company constructs, exploits, and installs renewable sources of wind and hydroelectric energy, photovoltaic parks. It also owns and operates wind parks, hydroelectric projects, pumped storage, hybrid stations, and photovoltaics, as well as PPP waste management projects, the production of biofuels, soil conditioners and other products. In addition, the company engages in the construction and operation of infrastructure and public sector projects, such as unified automatic collection system and municipal waste treatment facilities in Epirus region. As of December 31, 2021, the company had operational power of approximately 1,300 MW and installed capacity of 895.3 MW. Terna Energy Societe Anonyme Commercial Technical Company was founded in 1949 and is based in Athens, Greece.
Is TREAF a good dividend investment in 2026?
TREAF offers a 2.80% forward yield with a 50% payout ratio. Strand Safety Score: 75/100 (Safe). The 5-year dividend CAGR of 100% demonstrates strong, consistent growth that outpaces inflation.
TREAF DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your TREAF portfolio grows to $94.43M vs $604.8K without reinvestment. This is the compound interest effect in action.
TREAF dividend growth history & forecast
TREAF has grown its dividend by 0% over the last year and 100% 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 2.80%.
Debt/EBITDA 0.0× — low leverage, balance sheet is strong
Earnings Momentum+0.0B → +0.1B → +0.0B
15 / 30 pts
15/30
Net income grew in the latest year — positive but trend is unconfirmed
OVERALL ASSESSMENT
Dividend appears safe — fundamentals solid with moderate concerns.
STRAND SCORE
75
/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.
🌍 TREAF Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold TREAF.
Gross yield
2.80%
Tax rate
15.00%
After-tax yield
2.38%
Real yield (−CPI)
-0.42%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
2.80%
0.00%
$280 / yr
🇺🇸 US Taxable (15%) ✓
15%
2.38%
-0.42%
$238 / yr
🇺🇸 US Taxable (20%)
20%
2.24%
-0.56%
$224 / yr
🇬🇧 UK ISA
0%
2.80%
0.00%
$280 / yr
🇬🇧 UK Taxable
8.75%
2.55%
-0.25%
$255 / yr
🇨🇦 TFSA
0%
2.80%
0.00%
$280 / yr
🇨🇦 CA Taxable
25%
2.10%
-0.70%
$210 / yr
🇦🇺 Super (pension)
15%
2.38%
-0.42%
$238 / yr
🇦🇺 AU Taxable
30%
1.96%
-0.84%
$196 / yr
🇩🇪 DE Taxable
26.375%
2.06%
-0.74%
$206 / yr
🇫🇷 FR Taxable
30%
1.96%
-0.84%
$196 / 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.
🎯 TREAF Income Goal & Break-Even
Dividend Break-Even
6yr
Years for dividends to fully repay your TREAF investment of $13.64/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$46.48M
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$46.48M
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in TREAF for:
Shares needed
73,894
Capital required
$1,007,914
Monthly income
$2,000
Based on current dividend of $0.38/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 TREAF Dividend Payment Schedule
TREAF pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$0.81 / payment
$3.25 / year after tax
100 shares
$8.12 / payment
$32.48 / year after tax
1,000 shares
$81.20 / payment
$324.79 / year after tax
📊 TREAF vs Utilities Benchmarks
How TREAF compares to typical Utilities averages.
Benchmark: Utilities
Dividend Yield▼-1.00% vs sectorBelow avg
TREAF
2.80%
avg
3.80%
5Y Dividend CAGR▲+94.90% vs sectorBetter
TREAF
100.00%
avg
5.10%
Payout Ratio▲-18.00% vs sectorBetter
TREAF
50.00%
avg
68.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for TREAF sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ TREAF Insider Activity
No recent SEC filings reported in the last 90 days.
🔬
Financial Health Scores
Altman Z-Score
1.26
🔴 Distress Zone — elevated dividend cut risk
Safe: >3.0 · Grey: 1.81–3.0 · Distress: <1.81
Piotroski F-Score
5/9
⚠️ Moderate 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 TREAF 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 →