Recordati Dividend yield

Recordati is part of Pharmaceuticals and Biotechnology business, which is part of Health Care industry. Recordati is a company from Italy, and his stocks are publicly traded.

Recordati stock dividend

Recordati paid a total dividend of 236 million EUR last year, for a market value of 9,508 millions (Market Cap 4,498 millions). Recordati dividend per share is 1.15 EUR, and his stock market price 46.38 EUR.

According to the chart below, where dividend yield is displayed, Recordati has a dividend yield of 2.48%, which is lower than the amount offered by the market average , but bigger than Health Care industry. Dividend yields are similar among companies from the same industry, so it is a positive sign for the company.

In addition, you should compare Recordati stocks dividend with other Pharmaceuticals and Biotechnology companies or other of the best Italy dividend stocks list.

Recordati Dividend Payout

About the ability of Recordati to maintain his current dividend of EUR 1.15 per share, an amount that accounts for 2.48%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Recordati payout on ernings is currently 57.50%, which is higher than the market average, and companies of Health Care industry, which are 39.34% and 23.54% respectively. Both figures show that Recordati can have problems to keep with his present dividend yield.

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 Recordati is EUR 2.25 per share, which is higher than the dividend per share paid by the company of EUR 1.15, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Recordati, compared againt world market average, Italy companies, Health Care industry and Pharmaceuticals and Biotechnology sector companies.

Recordati Dividend History

Below you will find a table with the historical evolution of Recordati'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	2.48%	1.15	57.50%	205
2022	2.89%	1.12	50.22%	206
2021	1.91%	1.08	52.43%	205
2020	2.25%	1.02	49.51%	205
2019	2.53%	0.95	54.91%	206
2018	2.91%	0.88	55.35%	203
2017	2.08%	0.77	61.11%	208
2016	1.36%	0.35	31.82%	204

*In millions

Recordati Stock performance

Finally, last moth Recordati showed a return of -1.20% compared to a worldwide -2.49% average, and a -2.07% of Health Care firms. Over the last year, the company obtained a 13.80% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Italy and Pharmaceuticals and Biotechnology firms.