Prysmian Dividend yield

Prysmian is part of Electronic and Electrical Equipment business, which is part of Industrials industry. Prysmian is a company from Italy, and his stocks are publicly traded.

Prysmian stock dividend

Prysmian paid a total dividend of 158 million EUR last year, for a market value of 9,939 millions (Market Cap 9,948 millions). Prysmian dividend per share is 0.60 EUR, and his stock market price 37.79 EUR.

According to the chart below, where dividend yield is displayed, Prysmian has a dividend yield of 1.59%, lower than the amount offered by both the market average and companies from Italy. It is also lower than average of Industrials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Prysmian stocks dividend with other Electronic and Electrical Equipment companies or other of the high Italy dividend stocks list.

Prysmian Dividend Payout

About the ability of Prysmian to maintain his current dividend of EUR 0.60 per share, an amount that accounts for 1.59%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Prysmian payout on ernings is currently 27.15%, which is lower than the market average and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures lead us to believe that there is confidence that Prysmiancan maintain his current 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 Prysmian is EUR 3.67 per share, which is higher than the dividend per share paid by the company of EUR 0.60, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Prysmian, compared againt world market average, Italy companies, Industrials industry and Electronic and Electrical Equipment sector companies.

Prysmian Dividend History

Below you will find a table with the historical evolution of Prysmian'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	1.59%	0.60	27.15%	263
2022	1.59%	0.55	38.46%	263
2021	1.51%	0.50	53.76%	263
2020	0.86%	0.25	18.25%	263
2019	2.00%	0.43	59.72%	262
2018	2.25%	0.38	36.54%	262
2017	1.58%	0.43	31.16%	211
2016	1.86%	0.42	36.21%	214
2015	2.03%	0.42	53.85%	214

*In millions

Then you can see the evolution of Prysmian dividend stock, and compare it with the average of Italy stocks and that of the Electronic and Electrical Equipment stocks.

Prysmian Stock performance

Finally, last moth Prysmian showed a return of 4.20% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a 23.50% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Italy and Electronic and Electrical Equipment firms.