Upcoming Prysmian dividend
Change(%)
+16.67%
Increase
Next payment 0.7€
Next payment date Apr 24, 2024
Last payment 0.6€
Last payment date Apr 26, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 4/22/24
Confirmed

For holders of shares in Prysmian, April 24, 2024 will bring dividends of 0,7 euros per share, reflecting a yield of 1.21%.

Buy before the Ex-dividend Date (April 22, 2024) and check the Last Trading Day (April 19, 2024) to secure dividends.

Prysmian provided its investors with 0.6 euros in dividends on April 26, 2023.

Prysmian S.p.A., listed on the Italian, German, Austrian, United States and United Kingdom stock exchanges, using the nomenclature PRY, has a track record of more than 10 years paying dividends in an uninterrupted and stable manner, without registering any suspension.

The interest granted has presented a slightly increasing behavior, being the result of the annual financial year, which is approved by the general shareholders' meeting, delivered to its shareholders by means of an annual payment, generally deposited in the last days of April or May, obtaining a profitability that is close to 1.58%.

Payout Ratio Prysmian Dividends

Prysmian paid 3% of its net income in the last fiscal period as dividends.
Prysmian's earnings (15,093,999,616.00€) are sufficient to cover the dividend payment. This payment represents 3% of the total net profit of PRY.
Dividend payout ratio
Payout Ratio

Dividend calendar of Prysmian

These are the most important events of the Prysmian 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 April 24, 2024
Data confirmed by the company Prysmian (PRY).
Confirmed
Source
Historical annual dividend yields of Prysmian
Over the past 5 years, Prysmian has not consistently increased the annual dividend amount.
Increasing Dividends
Dividend yield
Dividend yield of Prysmian vs. the sector
Prysmian's dividend yield (1.21%) is below the sector average (1.90%).
Comparison with industry average
Prysmian's dividend yield is between the top 25% (3.02%) and top 75% (0.69%) of the sector.
Evaluation with respect to competence.
Dividend yield history in Prysmian
Over the past 5 years, Prysmian's annual dividend income has fallen by more than 10%.
Dividend stability

Dividend history of Prysmian

In this table you can see the complete history:

YearEx-DividendAmountTotal
2023
04/24/2023
0.6 €
0.6 €
2022
04/19/2022
0.55 €
0.55 €
2021
05/24/2021
0.5 €
0.5 €
2020
05/18/2020
0.25 €
0.25 €
2019
06/24/2019
04/23/2019
0.43 €
0.43 €
0.86 €
2018
04/23/2018
0.415722 €
0.415722 €
2017
04/24/2017
0.415722 €
0.415722 €
2016
04/18/2016
0.406054 €
0.406054 €
2015
04/20/2015
0.406054 €
0.406054 €
2014
04/22/2014
0.406054 €
0.406054 €
2013
04/22/2013
0.406054 €
0.406054 €
2012
04/23/2012
0.203027 €
0.203027 €
2011
04/18/2011
0.160488 €
0.160488 €
2010
04/19/2010
0.403154 €
0.403154 €
2009
04/20/2009
0.403154 €
0.403154 €
2008
04/21/2008
0.403154 €
0.403154 €
Prysmian dividend capture strategy
Step 1: Buy Prysmian shares (PRY) one day before ex-dividend date
Date of purchase Apr 19, 2024
Next ex-dividend date Apr 22, 2024
Step 2: Sell Prysmian shares (PRY) 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 Prysmian data. Past performance is no guarantee of future results.

Information about Prysmian

Full name Prysmian S.p.A.
Ticker PRY
Sector Industry
Industry Electrical Equipment & Parts
Market Capitalization 15.72B €
ISIN IT0004176001
Description of the company

Prysmian S.p.A., a semi-public multinational company, with 67% of the members of its board of shareholders being independent, specializes in the manufacture of electrical cables, used in the telecommunications, fiber optics and energy sectors, and is a leader in the wiring of wind farms.

It was founded in 1879 under the name of Pirelli Cavi e Sistemi, obtaining a contract in 1881 to create submarine telegraph cables. Five years later they inaugurated a production plant for this material in La Spezia, helping to lay the Italian telegraph network and the electrical network for domestic use, later collaborating with the government for the installation of the interurban telephone network.

In 2005 they acquire Pirelli & CSpA's Cable and Systems division and in 2017 they manage to buy their biggest US rival, the General Cable company, expanding their importance widely.

It has more than 150 years of experience, with presence in more than 50 countries, supported by 30 thousand employees, registering more than 16 billion euros in sales in 2022, offering cabling solutions for Generation, Transmission and Distribution, Telecommunications, Construction and Infrastructure, Transportation and Mobility, Asset Monitoring Systems and Electronics and various Industries.

The company invests more than 100 million euros a year in research and development and has developed numerous innovations, such as the narrowest and most flexible optical fiber and the cable with the highest number of fibers in the industry.

Frequently asked questions about Prysmian dividends

Prysmian pays dividends on a Anual basis.

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

Prysmian has the Ticker or stock code PRY.

The CEO of Prysmian in 2024 is Mr. Valerio Battista.

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

Prysmian ForumCheck the latest comments and participate in the live chat on Prysmian stocks (PRY).
Subscribe
Notify of
guest

0 Comments
Inline Feedbacks
View all comments