Upcoming Pirelli & C. dividend
Change(%)
-9.17%
Decrease
Next payment 0.198€
Next payment date Jun 26, 2024
Last payment 0.218€
Last payment date Jul 26, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 6/24/24
Confirmed

The dividend event of Pirelli & C. will take place on June 26, 2024, with a payment of 0,198 euros per share to its investors.

To be eligible for dividends, complete your purchase before the Last Trading Day (June 21, 2024).

Shareholders of Pirelli & C. (PIRC) received 0.218 euros on July 26, 2023.

Pirelli & C. S.p.A., listed on the most important stock exchange in Germany, Italy and Austria, being recognized with the stock exchange nomenclature PIRC, starts paying dividends to its investors as of 2019, although it then had an interruption in 2020, it continued to fulfill the commitment from 2021 to date.

The value of the amount has shown a slight increase, responding to the annual financial results of the organization, being delivered in a single installment, generally paid between the months of May and July, reaching a yield of approximately 4.50%.

Payout Ratio Pirelli & C. Dividends

Pirelli & C. paid 8% of its net income in the last fiscal period as dividends.
Pirelli & C.'s earnings (6,937,766,912.00€) are sufficient to cover the dividend payment. This payment represents 8% of the total net profit of PIRC.
Dividend payout ratio
Payout Ratio

Dividend calendar of Pirelli & C.

These are the most important events of the Pirelli & C. calendar in 2024:

Event Day
Last trading date June 21, 2024
Ex-Dividend (Ex-Date) June 24, 2024
Record date June 25, 2024
Date of payment June 26, 2024
Data confirmed by the company Pirelli & C. (PIRC).
Confirmed
Source
Historical annual dividend yields of Pirelli & C.
Over the past 5 years, Pirelli & C. has not consistently distributed dividends.
Increasing Dividends
Dividend yield
Dividend yield of Pirelli & C. vs. the sector
Pirelli & C.'s dividend yield (3.99%) is above the sector average (1.91%).
Comparison with industry average
Pirelli & C.'s dividend yield is among the top 25% (3.59%) of the sector.
Evaluation with respect to competence.
Dividend yield history in Pirelli & C.
Over the past 5 years, Pirelli & C. has not consistently distributed dividends.
Dividend stability

Dividend history of Pirelli & C.

In this table you can see the complete history:

YearEx-DividendAmountTotal
2023
07/24/2023
0.218 €
0.218 €
2022
05/23/2022
0.161 €
0.161 €
2021
06/21/2021
0.08 €
0.08 €
2019
05/20/2019
0.177 €
0.177 €
Pirelli & C. dividend capture strategy
Step 1: Buy Pirelli & C. shares (PIRC) one day before ex-dividend date
Date of purchase Jun 21, 2024
Next ex-dividend date Jun 24, 2024
Step 2: Sell Pirelli & C. shares (PIRC) 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 Pirelli & C. data. Past performance is no guarantee of future results.

Information about Pirelli & C.

Full name Pirelli & C. S.p.A.
Ticker PIRC
Sector Cyclical Consumer Products
Industry Auto Parts
Market Capitalization 5.10B €
ISIN IT0005278236
Number of Employees 29,595
Description of the company

Pirelli & C. S.p.A., a multinational company specialized in the creation and commercialization of tires, is recognized as the sixth most important company in the automotive industry, sponsoring sporting activities and becoming the exclusive supplier for Formula 1 since 2011.

The company is headquartered in Milan, but has 18 factories in 12 countries, with an installed production capacity of 74 million car tires registered in 2022, with a network of more than 20,000 points of sale in almost 160 countries.

It was founded in 1872 by Giovanni Battista Pirelli, in Milan, specialized in the manufacture of rubber, cables and tires, starting with the commercialization of bicycle tires and expanding rapidly, becoming in 1997 the first company of its kind to create a bias tire and at the end of World War II the first with textile casing. By the 1990s they were expanding throughout Europe and the world.

The company offers a wide catalog of tires, tailor-made according to the requirements of each car on the market, suitable for urban and suburban rolling, divided into five main groups The Pirelli P Zero™, Ultra High Performance product used in competitive motoring, Pirelli Cinturato™, low environmental impact, made with environmentally friendly materials, Pirelli Scorpion™, dedicated to the SUV and crossover car segment, Pirelli Carrier™ for vans and Pirelli Sottozero™ made especially for the winter season so as to ensure control and stability in low temperatures.

Frequently asked questions about Pirelli & C. dividends

Pirelli & C. is listed on the Borsa Italiana and is part of the FTSE MIB.

Pirelli & C. has the Ticker or stock code PIRC.

The CEO of Pirelli & C. in 2024 is Mr. Andrea Livio Donato Casaluci.

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