08-31-2023
| EUR/share | |
| Price | 4.61 |
| Dividend | 0.22 |
| Earnings | 0.55 |
| Cash-flow | 0.96 |
| Book value | 5.12 |
| Equity | 5.09 |
Pirelli & Co. is part of Automobiles and Parts business, which is part of Consumer Goods industry. Pirelli & Co. is a company from Italy, and his stocks are publicly traded.
Pirelli & Co. stock dividend
Pirelli & Co. paid a total dividend of 220 million EUR last year, for a market value of 4,610 millions (Market Cap 2,252 millions). Pirelli & Co. dividend per share is 0.22 EUR, and his stock market price 4.61 EUR.
According to the chart below, where dividend yield is displayed, Pirelli & Co. has a dividend yield of 4.73%, which is higher than the amount offered by both the market average and companies from Italy. It is also bigger than average of Consumer Goods industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.
In addition, you should compare Pirelli & Co. stocks dividend with other Automobiles and Parts companies or other of the high Italy dividend stocks list.
Pirelli & Co. Dividend Payout
About the ability of Pirelli & Co. to maintain his current dividend of EUR 0.22 per share, an amount that accounts for 4.73%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Pirelli & Co. payout on ernings is currently 40.00%, which is higher than the market average, but lower than companies of Consumer Goods industry, which are 39.34% and 40.18% respectively. Both figures show that Pirelli & Co. should not have problems to continue paying his dividend.
The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Pirelli & Co. is EUR 0.96 per share, which is higher than the dividend per share paid by the company of EUR 0.22, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Pirelli & Co., compared againt world market average, Italy companies, Consumer Goods industry and Automobiles and Parts sector companies.
Pirelli & Co. Dividend History
Below you will find a table with the historical evolution of Pirelli & Co.'s dividend stock, both in percentage and in EUR, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).
| Year | Yield | EUR | Paypout | Shares* |
| Present | 4.73% | 0.22 | 40.00% | 1,000 |
| 2022 | 4.02% | 0.16 | 37.21% | 1,000 |
| 2021 | 1.31% | 0.08 | 50.00% | 1,000 |
| 2020 | 0.00% | 0.00 | 0.00% | 1,000 |
| 2019 | 3.44% | 0.18 | 32.14% | 1,000 |
| 2018 | 0.00% | 0.00 | 0.00% | 1,000 |
| 2017 | 0.00% | 0.00 | 0.00% | 1,000 |
*In millions
Pirelli & Co. Stock performance
Finally, last moth Pirelli & Co. showed a return of -5.00% compared to a worldwide -2.49% average, and a -1.86% of Consumer Goods firms. Over the last year, the company obtained a 21.90% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Italy and Automobiles and Parts firms.
