Ferrari Divides: A Look Back and a Glance Ahead

Highs and Lows

Ferrari's stock has experienced both peaks and valleys in recent times. Its all-time high was reached on March 27, 2024, when it touched 406.20 EUR. However, since then, the stock has declined in value.

Dividend Developments

As of July 2024, Ferrari has paid dividends of 2.44 EUR per share over the past 12 months. Its dividend yield stands at 0.61%. The payout ratio, which measures the proportion of earnings distributed as dividends, is available for Ferrari.

Ferrari's dividend policy is designed to balance shareholder returns with the need to retain capital for future growth. The company has a history of paying regular dividends, and it has increased its dividend payments in recent years.

Comparative Performance

Investors who hold Ferrari stock often also invest in other automotive companies. Some of the similar securities include Volkswagen, Toyota, and General Motors. These companies offer a range of dividend yields and payout ratios, allowing investors to diversify their portfolios.