Upcoming Azimut Holding dividend
Change(%)
-23.08%
Decrease
Next payment 1€
Next payment date May 22, 2024
Last payment 1.3€
Last payment date May 24, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 5/20/24
Confirmed

Azimut Holding (AZM) has scheduled the disbursement of dividends of 1 euros per share for May 22, 2024, yielding 3.78%.

Buy before the Ex-dividend Date (May 20, 2024) and check the Last Trading Day (May 17, 2024) to secure dividends.

Azimut Holding, which had its ex-dividend on May 22, 2023, paid a dividend of 1.3 euros on May 24, 2023.

Azimut Holding S.p.A., listed on the main stock markets of Italy, Austria, United Kingdom and Germany, using the AZM symbology, starts making dividend payments to its investors as of 2014, maintaining a stable, punctual and responsible behavior until then, by complying with the disbursement of interest in all periods without registering any interruption.

The amount shows a slightly upward trend, which is granted in one deposit per year, usually in the last days of May, obtaining a yield of approximately 6.35%.

Payout Ratio Azimut Holding Dividends

Azimut Holding paid 4% of its net income in the last fiscal period as dividends.
Azimut Holding's earnings (1,389,486,976.00€) are sufficient to cover the dividend payment. This payment represents 4% of the total net profit of AZM.
Dividend payout ratio
Payout Ratio

Dividend calendar of Azimut Holding

These are the most important events of the Azimut Holding calendar in 2024:

Event Day
Last trading date May 17, 2024
Ex-Dividend (Ex-Date) May 20, 2024
Record date May 21, 2024
Date of payment May 22, 2024
Data confirmed by the company Azimut Holding (AZM).
Confirmed
Source
Historical annual dividend yields of Azimut Holding
Over the past 5 years, Azimut Holding has not consistently increased the annual dividend amount.
Increasing Dividends
Dividend yield
Dividend yield of Azimut Holding vs. the sector
Azimut Holding's dividend yield (3.78%) is below the sector average (5.11%).
Comparison with industry average
Azimut Holding's dividend yield is between the top 25% (7.17%) and top 75% (3.47%) of the sector.
Evaluation with respect to competence.
Dividend yield history in Azimut Holding
Over the past 5 years, Azimut Holding's annual dividend income has fallen by more than 10%.
Dividend stability

Dividend history of Azimut Holding

In this table you can see the complete history:

YearEx-DividendAmountTotal
2023
05/22/2023
1.3 €
1.3 €
2022
05/23/2022
1.3 €
1.3 €
2021
05/24/2021
1. €
1 €
2020
05/18/2020
1. €
1 €
2019
05/20/2019
1.178948 €
1.178948 €
2018
05/21/2018
0.982456 €
0.982456 €
2017
05/22/2017
0.930748 €
0.930748 €
2016
11/21/2016
05/23/2016
0.930748 €
0.465374 €
1.396122 €
2015
05/18/2015
0.632908 €
0.632908 €
2014
05/19/2014
0.558449 €
0.558449 €
2013
05/20/2013
0.418836 €
0.418836 €
2012
05/21/2012
0.139612 €
0.139612 €
2011
05/23/2011
0.139612 €
0.139612 €
2010
05/24/2010
0.046537 €
0.046537 €
2009
05/25/2009
0.091549 €
0.091549 €
2008
04/28/2008
0.137323 €
0.137323 €
2007
04/30/2007
0.183097 €
0.183097 €
2005
05/23/2005
05/22/2005
0.045774 €
0.091549 €
0.137323 €
Azimut Holding dividend capture strategy
Step 1: Buy Azimut Holding shares (AZM) one day before ex-dividend date
Date of purchase May 17, 2024
Next ex-dividend date May 20, 2024
Step 2: Sell Azimut Holding shares (AZM) when the price recovers.
Date of sale (estimated) N/A
Average price recovery N/A
Average return on cost N/A
The dividend capture strategy is based on historical Azimut Holding data. Past performance is no guarantee of future results.

Information about Azimut Holding

Full name Azimut Holding S.p.A.
Ticker AZM
Sector Financial Services
Industry Asset Management
Market Capitalization 3.66B €
ISIN IT0003261697
Number of Employees 1,618
Description of the company

Azimut Holding S.p.A., an Italian group dedicated to investment management focused on corporate, institutional and private clients, is headquartered in Milan, but has offices and branches in Ireland, Luxembourg, Monaco, Switzerland, Singapore, Turkey, Egypt, Taiwan, Australia, United Arab Emirates, Mexico, Chile, Brazil and the United States.

Specializes in:

  • Asset Management offering service to:
    • Public Markets with five asset classes associated with Fixed Income, Equities, Allocation, Alternative and Islamic.
    • Financial Insurance.
    • Life and pension.
  • Wealth Management, which operates both in Italy and internationally, with specialized advisors and a financial planning platform.
  • Corporate investment banking, which is responsible for redirecting clients' patient capital in order to obtain profitability.
  • Fintech solutions, with digital platforms to boost the empowerment of small and medium industry companies, which guarantee instant financing, international payment execution, invoice advances, obtaining commercial accounts, as well as insurance and business advice through artificial intelligence in real time.

They are a public company founded in 1990, with 75% of floating capital, they have more than 1,900 employees, including managers, financial advisors and staff, they are present in 18 countries, offering their services to more than 400 thousand clients, registering in 2022 about 78,900 million euros in assets under management.

Frequently asked questions about Azimut Holding dividends

Azimut Holding pays dividends on a Anual basis.

Azimut Holding is listed on the Borsa Italiana and is part of the FTSE MIB.

Azimut Holding has the Ticker or stock code AZM.

The CEO of Azimut Holding in 2024 is Dr. Martini Paolo.

Azimut Holding does not have a growing dividend program. Dividends have not shown a steady growth in the last 5 years.

Azimut Holding ForumCheck the latest comments and participate in the live chat on Azimut Holding stocks (AZM).
Subscribe
Notify of
guest

0 Comments
Inline Feedbacks
View all comments