Page title
Section title
- Dividend Yield
- 0.61%
- Payout Ratio
- 28.95%
- Dividend Amount Per Share
- $2.44
- Last Ex-Dividend Date
- Apr 22, 2024
RACE Dividend Safety
RACE paid out 28.95% of its $1B earnings as dividends over the last 12 months.
Very Safe
Very Unsafe
Unsafe
Somewhat Safe
Safe
Very Safe
Dividend Payout Ratio
RACE's Dividend Payout Ratio of 28.945% is considered safe for the Consumer Cyclical sector, indicating that the company retains enough earnings to support business growth.
Interest Rate Coverage
RACE's Interest Coverage Ratio of 54.356 indicates strong financial health with easy coverage of interest expenses.
Income Quality
RACE shows excellent income quality with a ratio of 1.366. This indicates high-quality earnings and low risk of dividend cuts.
RACE Dividend Growth
Ferrari N.V.(RACE) offers a dividend yield of 0.61% and pays $2.44 in dividends per share. Explore the historical dividend growth of RACE.
Dividend Stability
RACE has shown inconsistent dividend payments over the past 5 years with 1 cuts over 5%.
Dividend Growth
RACE's dividend payments have increased by 16.203% annually over the last 5 years.
Earnings Growth
RACE's earnings have grown by 12.467% annually over the last 5 years. This strong earnings growth suggests a stable and increasing income stream, supporting the sustainability and potential growth of dividend payouts.
RACE Dividend Yield Attractiveness
Ferrari N.V.(RACE) provides a dividend yield of 0.61%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.
Yield %
0.61%
3.18%
5.03%
5.28%
Dividend Yield
RACE's dividend yield of 0.61% is considered good compared to the sector average of 3.18%, providing a strong safety margin for investors.
RACE Cash Flow
Over the past 12 months, RACE generated $6B in revenue, produced $931M in free cash flow, and distributed $26M in dividends.
Free Cash Flow Growth
RACE's free cash flow has grown by 7.14% annually over the last 5 years, indicating a strong ability to generate cash and support dividend payments.
RACE Free Cash Flow and Dividends Paid
This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by Ferrari N.V.. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.