▷ Prysmian Dividends 【Calendar 2024】

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

When are the upcoming Prysmian dividends in 2024?

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For holders of shares in Prysmian, April 24, 2024 will bring dividends of 0,7 euros per share, reflecting a yield of 1.13%.

What is the last day to buy Prysmian stocks and get dividends?

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

Last Prysmian dividend

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

Dividend policy of Prysmian

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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 (15,930,999,808.00€) 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 (1.13%) 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:

Year	Ex-Dividend	Amount	Total
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 17.78B €

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.