FinecoBank Banca Fineco S.p.A. provides banking and investment products and services. The company operates through Banking, Brokerage, and Investing segments. The company offers banking services, including current account and deposit services, payment services, mortgages, and personal loans, as well as debit, credit, and prepaid cards; and brokerage services comprising order execution services on behalf of customers with direct access to global equity markets, as well as to trade on currencies, indices, shares, bonds, commodities, futures, options, bonds, ETFs, and certificates. The company also provides asset management services, such as placement and distribution services of various products, including mutual funds and SICAV sub-funds, and insurance and pension products, as well as investment advisory services. It serves primarily through a network of personal financial advisors, and online and mobile channels. As of December 31, 2021, the company operated 424 financial shops. The company was founded in 1999 and is based in Reggio Emilia, Italy.
FinecoBank Banca Fineco Dividend Announcement
• FinecoBank Banca Fineco announced a annually dividend of €0.69 per ordinary share which will be made payable on 2024-05-22. Ex dividend date: 2024-05-20
• FinecoBank Banca Fineco annual dividend for 2024 was €0.69
• FinecoBank Banca Fineco annual dividend for 2023 was €0.49
• FinecoBank Banca Fineco's trailing twelve-month (TTM) dividend yield is 4.77%
• FinecoBank Banca Fineco's payout ratio for the trailing twelve months (TTM) is 57.93%
• FinecoBank Banca Fineco's dividend growth over the last five years (2018-2023) was 11.45% year
FinecoBank Banca Fineco Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-20 | €0.69 | annually | 2024-05-22 |
2023-05-22 | €0.49 | annually | 2023-05-24 |
2022-05-23 | €0.39 | annually | 2022-05-25 |
2021-11-22 | €0.53 | annually | 2021-11-24 |
2020-05-18 | €0.32 | annually | |
2019-04-23 | €0.30 | annually | 2019-04-25 |
2018-04-23 | €0.28 | annually | 2018-04-25 |
2017-04-24 | €0.28 | annually | 2017-04-26 |
2016-04-18 | €0.26 | annually | |
2015-04-27 | €0.20 | annually |
FinecoBank Banca Fineco Dividend per year
FinecoBank Banca Fineco Dividend growth
FinecoBank Banca Fineco Dividend Yield
FinecoBank Banca Fineco current trailing twelve-month (TTM) dividend yield is 4.77%. Interested in purchasing FinecoBank Banca Fineco stock? Use our calculator to estimate your expected dividend yield:
FinecoBank Banca Fineco Financial Ratios
FinecoBank Banca Fineco Dividend FAQ
Other factors to consider when evaluating FinecoBank Banca Fineco as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: FinecoBank Banca Fineco's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, FinecoBank Banca Fineco publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, FinecoBank Banca Fineco distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from FinecoBank Banca Fineco are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: FinecoBank Banca Fineco sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, FinecoBank Banca Fineco distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: FinecoBank Banca Fineco declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of FinecoBank Banca Fineco's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review FinecoBank Banca Fineco's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.