Ferrari (NYSE: RACE) board proposes Euro 3.615 per share dividend, up 21%
Rhea-AI Filing Summary
Ferrari N.V. plans to raise its cash return to shareholders, as the Board of Directors intends to recommend a dividend of Euro 3.615 per common share. This represents an increase of about 21% compared with the prior year and a total proposed distribution of approximately Euro 640 million.
The dividend must be approved at the Annual General Meeting of Shareholders scheduled for April 15, 2026. If approved, the expected ex-dates are April 20, 2026 on EXM and April 21, 2026 on NYSE, the record date is April 21, 2026, and the payment date is May 5, 2026.
Positive
- Dividend per share increased ~21%, to Euro 3.615, signaling confidence in Ferrari’s earnings and cash flow relative to the prior year.
- Substantial cash return to shareholders with an intended total dividend distribution of approximately Euro 640 million, reflecting a robust capital-return policy.
Negative
- None.
Insights
Ferrari proposes a materially higher cash dividend for 2026.
The Board intends to recommend a dividend of Euro 3.615 per share, about a 21% increase versus the prior year, totaling roughly Euro 640 million. This points to strong underlying cash generation and a willingness to return more capital to shareholders.
The payment remains contingent on approval at the Annual General Meeting on April 15, 2026. Key dates, if approved, include ex-dates on EXM and NYSE around April 20–21, 2026 and a payment date of May 5, 2026. Investors can use these to align income expectations and trading decisions.
FAQ
What dividend has Ferrari (RACE) proposed for 2026?
How much is Ferrari’s 2026 dividend increase versus last year?
What is the total cash amount of Ferrari’s proposed 2026 dividend?
When will Ferrari’s proposed 2026 dividend be paid if approved?
What are the ex-dividend and record dates for Ferrari’s proposed 2026 dividend?
AI-generated analysis. How Rhea-AI works. Not financial advice.
