Upcoming Recordati Industria Chimica e Farmaceutica dividend
Change(%)
+10.53%
Increase
Next payment 0.63€
Next payment date May 22, 2024
Last payment 0.57€
Last payment date Nov 22, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 5/20/24
Confirmed

For holders of shares in Recordati Industria Chimica e Farmaceutica, May 22, 2024 will bring dividends of 0,63 euros per share, reflecting a yield of 1.24%.

The May 20, 2024 is the ex-dividend date. So if you wish to receive Recordati Industria Chimica e Farmaceutica dividends, you must buy one day before this date.

The dividend from Recordati Industria Chimica e Farmaceutica of 0.57 euros paid on November 22, 2023 had a yield of 0.00%.

Recordati Industria Chimica e Farmaceutica S.p.A., listed on the main stock markets of Italy, Austria and the United Kingdom, is denominated with the REC indicator, began paying dividends in 2002, paused in 2004 and restarted the following year, so it has a long and impeccable track record of compliance with its commitment.

The value of the interest has in general terms an upward trend, delivered for a time on an annual basis, but as of 2011, the company changed the schedule to make the payments in two parts, on a semi-annual basis, one in April and the other in May, reaching a profitability of 2.60%.

Payout Ratio Recordati Industria Chimica e Farmaceutica Dividends

Recordati Industria Chimica e Farmaceutica paid 6% of its net income in the last fiscal period as dividends.
Recordati Industria Chimica e Farmaceutica's earnings (2,138,787,968.00€) are sufficient to cover the dividend payment. This payment represents 6% of the total net profit of REC.
Dividend payout ratio
Payout Ratio

Dividend calendar of Recordati Industria Chimica e Farmaceutica

These are the most important events of the Recordati Industria Chimica e Farmaceutica calendar in 2024:

Event Day
Last trading date May 17, 2024
Ex-Dividend (Ex-Date) May 20, 2024
Record date May 21, 2024
Date of payment May 22, 2024
Data confirmed by the company Recordati Industria Chimica e Farmaceutica (REC).
Confirmed
Source
Historical annual dividend yields of Recordati Industria Chimica e Farmaceutica
Over the past 5 years, Recordati Industria Chimica e Farmaceutica has steadily increased the annual dividend amount.
Increasing Dividends
Dividend yield
Dividend yield of Recordati Industria Chimica e Farmaceutica vs. the sector
Recordati Industria Chimica e Farmaceutica's dividend yield (2.48%) is above the sector average (0.76%).
Comparison with industry average
Recordati Industria Chimica e Farmaceutica's dividend yield is among the top 25% (1.26%) of the sector.
Evaluation with respect to competence.
Dividend yield history in Recordati Industria Chimica e Farmaceutica
In the last 5 years, Recordati Industria Chimica e Farmaceutica's annual dividend amount has not fallen more than 10%.
Dividend stability

Dividend history of Recordati Industria Chimica e Farmaceutica

In this table you can see the complete history:

YearEx-DividendAmountTotal
2023
11/20/2023
05/22/2023
0.57 €
0.6 €
1.17 €
2022
11/21/2022
05/23/2022
0.55 €
0.57 €
1.12 €
2021
11/22/2021
05/24/2021
0.53 €
0.55 €
1.08 €
2020
11/23/2020
05/18/2020
0.5 €
0.52 €
1.02 €
2019
11/18/2019
04/23/2019
0.48 €
0.47 €
0.95 €
2018
11/19/2018
04/23/2018
0.45 €
0.43 €
0.88 €
2017
11/20/2017
04/24/2017
0.42 €
0.35 €
0.77 €
2016
11/21/2016
04/18/2016
0.35 €
0.3 €
0.65 €
2015
11/09/2015
04/20/2015
0.3 €
0.24 €
0.54 €
2014
11/17/2014
04/28/2014
0.26 €
0.11 €
0.37 €
2013
11/18/2013
04/22/2013
0.22 €
0.1 €
0.32 €
2012
11/19/2012
04/23/2012
0.2 €
0.1 €
0.3 €
2011
11/21/2011
04/18/2011
0.2 €
0.275 €
0.475 €
2010
04/26/2010
0.275 €
0.275 €
2009
04/20/2009
0.25 €
0.25 €
2008
04/21/2008
0.215 €
0.215 €
2007
04/23/2007
0.185 €
0.185 €
2006
04/24/2006
0.1375 €
0.1375 €
2005
04/25/2005
04/22/2005
0.11 €
0.11 €
0.22 €
2004
04/19/2004
0.09375 €
0.09375 €
2003
04/22/2003
0.09375 €
0.09375 €
2002
04/22/2002
0.0625 €
0.0625 €
Recordati Industria Chimica e Farmaceutica dividend capture strategy
Step 1: Buy Recordati Industria Chimica e Farmaceutica shares (REC) one day before ex-dividend date
Date of purchase May 17, 2024
Next ex-dividend date May 20, 2024
Step 2: Sell Recordati Industria Chimica e Farmaceutica shares (REC) 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 Recordati Industria Chimica e Farmaceutica data. Past performance is no guarantee of future results.

Information about Recordati Industria Chimica e Farmaceutica

Full name Recordati Industria Chimica e Farmaceutica S.p.A.
Ticker REC
Sector Health Care
Industry Drug Manufacturers - General
Market Capitalization 10.48B €
ISIN IT0003828271
Number of Employees 4,450
Description of the company

Recordati Industria Chimica e Farmaceutica S.p.A., is an Italian pharmaceutical industry group specialized in the manufacturing, packaging and marketing of all types of drugs supplied in various forms, from drops, topical, injectables and orals.

It has its origins in an old apothecary located in Correggio, in the hands of the Recordati family, who founded the Pharmacological Reggiano laboratory in 1926, operating as a drug production and research workshop, creating widely recognized drugs, moving to Milan in 1953, at which time the first subsidiaries located in Latin America were born.

Since 1999, they have been expanding the business through acquisitions in several countries, allowing them to launch new drugs, open more factories and vary dosages.

Headquartered in Milan, the company has two chemical plants, ten pharmaceutical production sites and a dedicated packaging plant, enabling it to be present in more than 150 countries, supported by more than 4,300 employees.

Through their extensive research and innovation process, they have been able to discover therapeutic treatments for many rare diseases and other more well-known pathologies such as acromegaly, Cushing's syndrome and tumors, as well as in general medicine and self-medication.

Its processes range from the development, manufacturing, marketing, distribution and commercialization of its products, with Recordati's Chemical Division where it creates active ingredients, internationally recognized and endorsed products.

Frequently asked questions about Recordati Industria Chimica e Farmaceutica dividends

Recordati Industria Chimica e Farmaceutica pays dividends on a Semestral basis.

Recordati Industria Chimica e Farmaceutica is listed on the Borsa Italiana and is part of the FTSE MIB.

Recordati Industria Chimica e Farmaceutica has the Ticker or stock code REC.

The CEO of Recordati Industria Chimica e Farmaceutica in 2024 is Dr. Robert Koremans M.D..

Recordati Industria Chimica e Farmaceutica has a growing dividend program. In the last 5 years, dividends have been at least equal to or higher than the previous year.

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