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Iveco Group N.V. engages in the design, production, marketing, sale, servicing, and financing of trucks, commercial vehicles, buses and specialty vehicles for firefighting, defense, and other applications in Italy and internationally. The company operates through three segments: Commercial and Specialty Vehicles, Powertrain, and Financial Services. It offers commercial and specialty vehicles comprising light, medium, and heavy vehicles for the transportation and distribution of goods under the IVECO brand; city and commuter buses under the IVECO BUS and HEULIEZ BUS brands; quarry and mining equipment under the IVECO ASTRA brand; firefighting vehicles under the Magirus brand; and vehicles for civil defense and peace-keeping missions under the Iveco Defence Vehicles brand. The company also designs, manufactures, and distributes powertrains under the FPT Industrial brand; and combustion engines, alternative propulsion systems, transmission systems, and axles for on- and off-road applications, as well as for marine and power generation. In addition, it offers financial products and services to dealers and customers; and administers wholesale and retail financing services to customers for the purchase or lease of new and used vehicles sold by brand dealers and distributors. Iveco Group N.V. was incorporated in 2021 and is based in Turin, Italy.

Iveco Dividend Announcement

• Iveco announced a annually dividend of $0.23 per ordinary share which will be made payable on 2024-04-24. Ex dividend date: 2024-04-22
• Iveco annual dividend for 2024 was $0.23
• Iveco's trailing twelve-month (TTM) dividend yield is 2.39%
• Iveco's payout ratio for the trailing twelve months (TTM) is 38.89%

Iveco Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-04-22$0.23annually2024-04-24

Iveco Dividend per year

Iveco Dividend Yield

Iveco current trailing twelve-month (TTM) dividend yield is 2.39%. Interested in purchasing Iveco stock? Use our calculator to estimate your expected dividend yield:

Iveco Financial Ratios

P/E ratio11.29
PEG ratio0.12
P/B ratio1.08
ROE9.77%
Payout ratio38.89%
Current ratio1.28
Quick ratio0.90
Cash Ratio0.25

Iveco Dividend FAQ

Does Iveco stock pay dividends?
Iveco does not currently pay dividends to its shareholders.
Has Iveco ever paid a dividend?
No, Iveco has no a history of paying dividends to its shareholders. Iveco is not known for its dividend payments.
Why doesn't Iveco pay dividends?
There are several potential reasons why Iveco would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Iveco ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Iveco has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Iveco a dividend aristocrat?
Iveco is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Iveco a dividend king?
Iveco is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Iveco a dividend stock?
No, Iveco is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Iveco stocks?
To buy Iveco you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Iveco stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.