Ferrari Dividends and Buybacks
Dividend criteria checks 3/6
Ferrari is a dividend paying company with a current yield of 0.59% that is well covered by earnings.
Key information
0.6%
Dividend yield
0.7%
Buyback Yield
| Total Shareholder Yield | 1.3% |
| Future Dividend Yield | 0.8% |
| Dividend Growth | -5.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AR$2.643 |
| Payout ratio | 31% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RACE has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: RACE's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Ferrari Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RACE) | 0.6% |
| Market Bottom 25% (AR) | 0% |
| Market Top 25% (AR) | 0% |
| Industry Average (Auto) | 0% |
| Analyst forecast (RACE) (up to 3 years) | 0.8% |
Notable Dividend: RACE's dividend (0.59%) is higher than the bottom 25% of dividend payers in the AR market (0.54%).
High Dividend: RACE's dividend (0.59%) is low compared to the top 25% of dividend payers in the AR market (2.6%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.7%), RACE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (47%), RACE's dividend payments are well covered by cash flows.