TotalEnergies: Why I Expect Dividend Growth To Slow From Recent Years

1. TTE recorded $47.9B revenues for Q1 2025, down from $51.9B in 2024. 2. Dividend per share will rise to €0.85 in July 2025, marking a significant increase. 3. TTE's exploration segment remains the primary cash generator with low breakeven costs. 4. Future dividend growth is forecasted at 3-5% due to changing macroeconomic conditions. 5. LNG market growth expected but potential oversupply may limit profits.