Upcoming Ferrari dividend
Change(%)
+34.81%
Increase
Next payment 2.44€
Next payment date May 3, 2024
Last payment 1.81€
Last payment date May 5, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 4/22/24
Confirmed

On May 3, 2024, Ferrari rewards its shareholders with a dividend of 2,44 euros per share, equivalent to a yield of 0.63%.

To secure dividends from Ferrari (RACE), it's key to buy before the Ex-dividend Date, April 22, 2024, and be on the records for the Record Date, April 23, 2024.

With a dividend yield of 0.71%, Ferrari paid 1.81 euros on May 5, 2023.

Ferrari N.V., listed on the main stock markets in Italy, the United States, Austria, Mexico and Germany, being recognized by the stock market indicator RACE, starts paying dividends as of 2016, fulfilling the commitment since then in a stable and timely manner.

The amount is defined by the financial department and approved by the shareholders' meeting, who are in charge of publishing the results and the delivery date, which is generally made in one part, in the first days of May, obtaining a return of approximately 0.72%.

Payout Ratio Ferrari Dividends

Ferrari paid 2% of its net income in the last fiscal period as dividends.
Ferrari's earnings (6,125,769,216.00€) are sufficient to cover the dividend payment. This payment represents 2% of the total net profit of RACE.
Dividend payout ratio
Payout Ratio

Dividend calendar of Ferrari

These are the most important events of the Ferrari calendar in 2024:

Event Day
Last trading date April 19, 2024
Ex-Dividend (Ex-Date) April 22, 2024
Record date April 23, 2024
Date of payment May 3, 2024
Data confirmed by the company Ferrari (RACE).
Confirmed
Source
Historical annual dividend yields of Ferrari
Over the past 5 years, Ferrari has not consistently increased the annual dividend amount.
Increasing Dividends
Dividend yield
Dividend yield of Ferrari vs. the sector
Ferrari's dividend yield (0.63%) is below the sector average (1.28%).
Comparison with industry average
Ferrari's dividend yield is between the top 25% (2.01%) and top 75% (0.54%) of the sector.
Evaluation with respect to competence.
Dividend yield history in Ferrari
Over the past 5 years, Ferrari's annual dividend income has fallen by more than 10%.
Dividend stability

Dividend history of Ferrari

In this table you can see the complete history:

YearEx-DividendAmountTotal
2023
04/24/2023
1.81 €
1.81 €
2022
04/19/2022
1.362 €
1.362 €
2021
04/19/2021
0.867 €
0.867 €
2020
04/20/2020
1.13 €
1.13 €
2019
04/23/2019
1.03 €
1.03 €
2018
04/23/2018
0.71 €
0.71 €
2017
04/24/2017
0.635 €
0.635 €
2016
05/23/2016
0.46 €
0.46 €
Ferrari dividend capture strategy
Step 1: Buy Ferrari shares (RACE) one day before ex-dividend date
Date of purchase Apr 19, 2024
Next ex-dividend date Apr 22, 2024
Step 2: Sell Ferrari shares (RACE) 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 Ferrari data. Past performance is no guarantee of future results.

Information about Ferrari

Full name Ferrari N.V.
Ticker RACE
Sector Cyclical Consumer Products
Industry Auto Manufacturers
Market Capitalization 69.63B €
ISIN NL0011585146
Number of Employees 4,988
Description of the company

Ferrari N.V., an Italian holding company specialized in the manufacture of sports cars and super sports cars, has operations in three business units, luxury sports cars, which represent 85% of its efforts and revenues, the manufacture of engines under the Maseratti brand, which represents 3%, and the rest is associated with the provision of financial services and sponsorship activities.

It is headquartered in Maranello, in the province of Modena, Italy, but its products are marketed worldwide, reaching the United Kingdom, Europe, the Middle East, Africa, America and Asia, with almost 5,000 employees.

It has its beginnings from the Scuderia Ferrari created in 1929 by Enzo Ferrari which supported Moderna amateur pilots, training them for racing, changing briefly to Auto Avio Costruzioni Ferrari which manufactured accessories for airplanes and producing its first vehicle in 1943 when assembling the Type 915.

The factory had some problems when it was bombed during the Second World War, but from 1947 they started with the mass production of luxury cars, developing the first sports car of the brand, the 125 S, obtaining a wide reputation of prestige and quality, besides having an exquisite and original style designed by several bodywork houses, opting to use its traditional red color.

In 2022 Ferrari reported €5.1 billion in revenue, with production exceeding 10,000 vehicles.

Frequently asked questions about Ferrari dividends

Ferrari pays dividends on a Anual basis.

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

Ferrari has the Ticker or stock code RACE.

The CEO of Ferrari in 2024 is Mr. John Jacob Philip Elkann.

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

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