Ferrari, dividend at 2.443 euros per share | EUROtoday

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The actual reward for the members was the appreciation of the inventory on the inventory market. The dividend in comparison with the monstrous worth of the shares is small. However, the coupon can also be rising strongly. Ferrari NV proclaims that its board of administrators intends to suggest to the corporate's shareholders a dividend distribution in favor of holders of extraordinary shares equal to 2.443 euros per extraordinary share, a rise of roughly 35% in comparison with the earlier 12 months, for a distribution whole of roughly 440 million euros.

To the vote of the members

The distribution shall be topic to its approval by the shareholders' assembly scheduled for 17 April 2024. If the proposed dividend distribution is authorized by the shareholders, the ex-date is scheduled for 22 April 2024 , the date of legitimacy to obtain the dividend (document date) is April 23, 2024 for extraordinary shares traded each on the EXM in Italy and on the NYSE within the United States and the fee date of the dividend (fee date) is May 3 2024.

The 2023 accounts

Ferrari closed 2023 with document outcomes and earnings that exceeded one billion euros for the primary time. The fourth quarter outcomes had been additionally good: the Maranello firm reported earnings up 33% to 294 million euros and revenues up 11% to 1.523 billion. In the 12 months, earnings rose by 34% to 1.257 billion and revenues by 17% to five.97 billion. The firm additionally supplied steering for 2024, greater than the 2023 values ​​with, particularly, revenues exceeding 6.4 billion.