RACE (NYSE) - Dividend History and Outstanding Shares
Outstanding Shares
Outstanding Shares 10 Years Trend:
the Outstanding Shares of Ferrari NV (RACE) are shrinking at a rate of -0.41% per year on average over the last 10
years.
The Correlation Coefficent of the Outstanding Shares is -80.90%.
This correlation quantifies the strength and direction of the relationship between stock splits, issuing new shares, and share buybacks.
Growth Rate: -0.41% / Correlation: -80.90%: Investors prefer a decreasing number of outstanding shares as it can enhance EPS, increase the demand for shares and demonstrate management's commitment to shareholder value.
Stock Splits: Last Stock Split with a factor of . This reverse stock split decreased the number of shares and increased the price per share by a ratio of .
Growth Rate: -0.41% / Correlation: -80.90%: Investors prefer a decreasing number of outstanding shares as it can enhance EPS, increase the demand for shares and demonstrate management's commitment to shareholder value.
Stock Splits: Last Stock Split with a factor of . This reverse stock split decreased the number of shares and increased the price per share by a ratio of .
| Year | Number of Shares (Mill.) | Growth |
|---|---|---|
| 2023 | 181.32 | -0.89% |
| 2022 | 182.94 | -0.74% |
| 2021 | 184.32 | -0.23% |
| 2020 | 184.75 | -0.94% |
| 2019 | 186.5 | -1.14% |
| 2018 | 188.65 | -0.16% |
| 2017 | 188.95 | +0.02% |
| 2016 | 188.92 | +0% |
| 2015 | 188.92 | -0% |
| 2014 | 188.92 |
Dividend Yields & Ratings
| Overall Dividend Rating | 7.19 | ||
| Dividends Paid TTM | 2.00 | Yield TTM | 0.56% |
| Dividends Paid Average 5y | 1.38 | Yield Average 5y | 0.38% |
| Growth Rate 5y | 11.12% | Yield on Cost 5y | 1.85% |
| Payout Consistency all time | 97.6% | First Payout | 2016-05-23 |
| Compare RACE Dividends with its Industry Peers | |||
Last 8 Dividends (Paid in USD)
| Date | Period | Dividend Rate | Growth |
|---|---|---|---|
| 2023-04-24 | Annual | 1.9957 | 35.8% |
| 2022-04-19 | Annual | 1.4695 | 40.9% |
| 2021-04-19 | Annual | 1.0428 | -15.1% |
| 2020-04-20 | Annual | 1.2286 | 6.4% |
| 2019-04-23 | Annual | 1.1549 | 33.2% |
| 2018-04-23 | Other | 0.8673 | 25.9% |
| 2017-04-24 | Other | 0.6889 | |
| 2016-05-23 | Other | 0.5148 | -25.3% |
- RACE`s 0.56% Dividend Yield is calculated by dividing the dividend payments of the last 12-Months (TTM) of 2.00 USD by the current stock price.
- 1.85% Yield on Cost is a metric for long-term investors, reflecting the current dividend yield of 0.56% compared to a 5-Year old purchase price. This metric helps investors assess the income growth potential of their investments over time.
- The 97.6% Payout Consistency of RACE Dividends gauges Stability (Values above 80%) or Fragility (Values under 60%).
- The Average Dividend Growth Rate of 11.12% per year in the last 5-Years showcases RACE`s commitment to shareholders. Steady or increasing dividends over time can be a sign of a healthy financial outlook.
The Overall Dividend Rating of 7.19 is quantified on a scale from 0 to +10.
Ratings surpassing 5 are regarded as favorable, while those exceeding 7.5 are exceptionally strong. The calculations includes the above mentioned: Yield, Yield on Cost, Consistency of Dividend Payment and Growth Rate/CAGR over time.