IOB - Delayed Quote • EUR Elia Group SA/NV (0NTU.IL) Follow Compare 67.57 +2.25 +(3.44%) At close: January 17 at 5:28:29 PM GMT All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations EIB commits $703m for Princess Elisabeth Island energy project in Belgium The energy island project is backed by the EU due to its crucial role in the green energy transition for Belgium and the EU at large. BofA Securities initiates Elia Group at 'underperform', citing growth uncertainty BofA Securities has initiated coverage on Elia Group (EBR:ELI), Europe's fastest-growing electricity transmission system operator, with an "underperform" rating and a price objective of €86, representing an 11% downside from its share price of €96.60. While Elia’s rapid expansion in electricity grid investments positions it as a key player in Europe's energy transition, BofA analysts raised concerns over several financial and operational challenges that could impede its growth. The primary concern flagged by BofA analysts is Elia’s €30.1 billion capital expenditure program planned for 2024-2028, which will drive a substantial increase in its regulated asset base, projected to grow at a 21% compound annual growth rate. NKT gains 545km high-voltage cables order from Belgian TSO ETB The cables are planned to be delivered and installed between 2025 and 2027. Elia Group SA/NV's Dividend Analysis Elia Group SA/NV (ELIAF) recently announced a dividend of $1.99 per share, payable on June 3, 2024, with the ex-dividend date set for May 30, 2024. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Elia Group SA/NV's dividend performance and assess its sustainability. Performance Overview Trailing total returns as of 1/17/2025, which may include dividends or other distributions. Benchmark is BEL 20 Return 0NTU.IL BEL 20 YTD -8.93% +0.81% 1-Year -39.78% +17.35% 3-Year -36.68% +0.34%