Top Italian (Borsa Italiana) Dividend Stocks

Top Italian (Borsa Italiana) Dividend Stocks

UPDATED Jun 28, 2022

What are the best Italian (Borsa Italiana) Dividend Stocks?

According to our Simply Wall St analysis these are the best Italian dividend companies. We look for companies with high quality dividends and healthy balance sheets to find the top Dividend Stocks.

Our criteria to find Top Dividend Companies

High Yield

  • Companies with a high dividend yield are more attractive due to the higher expected income for each dollar invested.
  • Yields vary between markets, so we focus on the top dividend payers in each market.

What do we look for?

  • Is the yield in the top 25% of the market's dividend payers.

Consistent Dividends

  • Companies with a strong track record of paying a consistent and growing dividend are the most attractive.
  • If the dividend has been cut substantially in the past, then it's difficult to be confident about future payments.

What do we look for?

  • Has the dividend been stable over the last 10 years.
  • Has the dividend grown over the last 10 years.

Dividend Cover

  • Ideally the company doesn't pay out all of its earnings, neglecting future growth.
  • If a company is unable to afford its dividend, then it will probably lead to a dividend cut and share price erosion.

What do we look for?

  • Are dividends covered by earnings.
  • Are dividends forecast to be covered by earnings in the future.

Healthy Balance Sheet

  • Investors want to make sure the company is positioned to cover its debts. Repayments on debt typically take priority over shareholder return initiatives.

What do we look for?

  • Does the company have a manageable level of debt.
  • Is the company able to cover its interest repayments.

6 companies meet this criteria in the Italian market

Esprinet S.p.A., together with its subsidiaries, engages in the wholesale distribution of information technology (IT) and consumer electronics primarily in Italy, Spain, Portugal, and rest of Europe.

Dividend Criteria

  • Earnings Coverage

  • Growing Dividend

  • Future Dividend Coverage

  • High Dividend: PRT's dividend (7.38%) is in the top 25% of dividend payers in the Italian market (5.18%)

  • Notable Dividend

  • Stable Dividend

See Full Stock Report

Rewards

  • Trading at 60.7% below our estimate of its fair value

  • Earnings are forecast to grow 18.54% per year

  • Earnings have grown 15.7% per year over the past 5 years

Risks

  • Volatile share price over the past 3 months

View all Risks and Rewards

Banca Generali S.p.A. distributes financial products and services for affluent and private customers through financial advisors primarily in Italy.

Dividend Criteria

  • Earnings Coverage

  • Growing Dividend

  • Future Dividend Coverage

  • High Dividend: BGN's dividend (7.02%) is in the top 25% of dividend payers in the Italian market (5.18%)

  • Notable Dividend

  • Stable Dividend

See Full Stock Report

Rewards

  • Trading at 22.9% below our estimate of its fair value

  • Earnings are forecast to grow 12.81% per year

Risks

No risks detected for BGN from our risks checks.

View all Risks and Rewards

Equita Group S.p.A. provides sales and trading, investment banking, and alternative asset management services for institutional investors, professionals, retail investors, large corporates, small and medium enterprises, and financial institutions in Italy and internationally.

Dividend Criteria

  • Earnings Coverage

  • Future Dividend Coverage

  • High Dividend: EQUI's dividend (9.92%) is in the top 25% of dividend payers in the Italian market (5.18%)

  • Notable Dividend

  • Growing Dividend

  • Stable Dividend

See Full Stock Report

Rewards

  • Price-To-Earnings ratio (7.9x) is below the Italian market (17.7x)

  • Earnings are forecast to grow 5.55% per year

  • Earnings grew by 40.9% over the past year

Risks

No risks detected for EQUI from our risks checks.

View all Risks and Rewards

Banco BPM S.p.A., together with its subsidiaries, provides banking and financial products and services to individual, business, and corporate customers in Italy.

Dividend Criteria

  • Earnings Coverage

  • Future Dividend Coverage

  • High Dividend: BAMI's dividend (6.8%) is in the top 25% of dividend payers in the Italian market (5.18%)

  • Notable Dividend

  • Growing Dividend

  • Stable Dividend

See Full Stock Report

Rewards

  • Price-To-Earnings ratio (6.5x) is below the Italian market (17.7x)

  • Earnings are forecast to grow 16.13% per year

  • Became profitable this year

Risks

  • Volatile share price over the past 3 months

View all Risks and Rewards

Intesa Sanpaolo S.p.A. provides various financial products and services primarily in Italy.

Dividend Criteria

  • Growing Dividend

  • Future Dividend Coverage

  • High Dividend: ISP's dividend (9.04%) is in the top 25% of dividend payers in the Italian market (5.18%)

  • Notable Dividend

  • Earnings Coverage

  • Stable Dividend

See Full Stock Report

Rewards

  • Price-To-Earnings ratio (10x) is below the Italian market (17.7x)

  • Earnings are forecast to grow 15.85% per year

  • Earnings grew by 46.1% over the past year

Risks

No risks detected for ISP from our risks checks.

View all Risks and Rewards

Piaggio & C. SpA, together with its subsidiaries, develops, manufactures, and distributes two-wheeler and commercial motor vehicles.

Dividend Criteria

  • Earnings Coverage

  • Growing Dividend

  • Future Dividend Coverage

  • High Dividend: PIA's dividend (6.44%) is in the top 25% of dividend payers in the Italian market (5.18%)

  • Notable Dividend

  • Stable Dividend

See Full Stock Report

Rewards

  • Trading at 4.8% below our estimate of its fair value

  • Earnings are forecast to grow 15.56% per year

  • Earnings have grown 21.8% per year over the past 5 years

Risks

  • Has a high level of debt

View all Risks and Rewards
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