Upcoming Poste Italiane dividend
Change(%)
+233.33%
Increase
Next payment 0.8€
Next payment date Jun 26, 2024
Last payment 0.24€
Last payment date Nov 22, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 6/24/24
Confirmed

For holders of shares in Poste Italiane, June 26, 2024 will bring dividends of 0,8 euros per share, reflecting a yield of 6.47%.

Prioritize purchasing shares before the Last Trading Day (June 21, 2024) to benefit from dividends.

Poste Italiane paid a dividend of 0.24 euros on November 22, 2023, with a dividend yield of 2.38%.

Poste Italiane S.p.A., listed on the Milan stock exchange and on BATS UE in Italy and on the Vienna stock exchange in Austria, being denominated with the indicator PST, starts paying dividends as of 2016, remaining constant, with a punctual and uninterrupted record.

The amount has been slightly fluctuating, being initially paid on an annual basis, but as of 2019 they changed the modality to semi-annual, making a first payment in June and a second in November, reaching an estimated yield of 6.70%.

Payout Ratio Poste Italiane Dividends

Poste Italiane paid 4% of its net income in the last fiscal period as dividends.
Poste Italiane's earnings (12,641,000,448.00€) are sufficient to cover the dividend payment. This payment represents 4% of the total net profit of PST.
Dividend payout ratio
Payout Ratio

Dividend calendar of Poste Italiane

These are the most important events of the Poste Italiane 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 Poste Italiane (PST).
Confirmed
Source
Historical annual dividend yields of Poste Italiane
Over the past 5 years, Poste Italiane has not consistently increased the annual dividend amount.
Increasing Dividends
Dividend yield
Dividend yield of Poste Italiane vs. the sector
Poste Italiane's dividend yield (6.45%) is above the sector average (2.28%).
Comparison with industry average
Poste Italiane's dividend yield is among the top 25% (3.82%) of the sector.
Evaluation with respect to competence.
Dividend yield history in Poste Italiane
Over the past 5 years, Poste Italiane's annual dividend income has fallen by more than 10%.
Dividend stability

Dividend history of Poste Italiane

In this table you can see the complete history:

YearEx-DividendAmountTotal
2023
11/20/2023
06/19/2023
0.237 €
0.44 €
0.677 €
2022
11/21/2022
06/20/2022
0.21 €
0.405 €
0.615 €
2021
11/22/2021
06/21/2021
0.185 €
0.324 €
0.509 €
2020
11/23/2020
06/22/2020
0.162 €
0.309 €
0.471 €
2019
11/18/2019
06/24/2019
0.154 €
0.441 €
0.595 €
2018
06/18/2018
0.42 €
0.42 €
2017
06/19/2017
0.39 €
0.39 €
2016
06/20/2016
0.34 €
0.34 €
Poste Italiane dividend capture strategy
Step 1: Buy Poste Italiane shares (PST) one day before ex-dividend date
Date of purchase Jun 21, 2024
Next ex-dividend date Jun 24, 2024
Step 2: Sell Poste Italiane shares (PST) 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 Poste Italiane data. Past performance is no guarantee of future results.

Information about Poste Italiane

Full name Poste Italiane S.p.A.
Ticker PST
Sector Industry
Industry Conglomerates
Market Capitalization 16.02B €
ISIN IT0003796171
Description of the company

Poste Italiane S.p.A., a Rome-based postal service company, is considered the largest in Italy.

Its origins have to do with the postal reform that resulted from the unification of Italy, forming the Ministry of Posts and Telegraphs, starting with activities related to the implementation of offices to receive mail, make phone calls, among others, after several modifications and acquisitions manages to become a major consortium.

It has approximately 120 thousand employees, working in 12,800 offices and post offices, serving more than 35 million customers, listed on the Italian Stock Exchange since 2015, about 30% of its shares belongs to the Ministry of Economy and Finance of its country, and the remaining to institutional and retail investors such as Cassa Depositi e Prestiti (CDP).

The company offers a wide service distribution network that includes logistics activities, payment and telephone systems, mail and parcel delivery, financial services, insurance, and has recently entered the energy market related to electricity and gas, through its subsidiaries SDA Express Courier, Postecom, BancoPosta Fondi, Postel and PosteMobile.

In recent years, they have implemented an updating process with research centers and the creation of financial products such as the PostePay card, gaining market acceptance and younger customers.

Frequently asked questions about Poste Italiane dividends

Poste Italiane pays dividends on a Semestral basis.

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

Poste Italiane has the Ticker or stock code PST.

The CEO of Poste Italiane in 2024 is Dr. Matteo Del Fante.

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

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