Porsche AG is an automotive manufacturer. Its product portfolio of passenger cars includes the 911, the Taycan, the Macan, the Cayenne, the Panamera, and the 718 Boxster and Cayman. The company operates through the following segments: Automotive and Financial Services. The Automotive segment consists of operations in the manufacture and sale of vehicles and engines of all kinds, as well as parts and assemblies for such and other technical products. The Automotive segment also includes the performance of development and design activities in the areas of vehicle and engine construction, consulting in development and production in the area of vehicle and engine construction, consulting and development of data processing, as well as the creation and sale of data processing products, marketing of goods using the group's trademark rights in particular, those with the component Porsche. The Financial Services segment consists of the group's financing and leasing services for customers and dealers, as well as mobility offerings and other financial services. The firm also plays an active role in the sale of new and used Porsche vehicles, connecting prospective purchasers with authorized dealers through user-optimized IT system platforms known as Porsche marketplace and Porsche One sale and in many markets administering the Porsche approved pre-owned cars program. The company was founded by Ferdinand Porsche, Adolf Rosenberger and Anton Piëch on April 25, 1931 and is headquartered in Stuttgart, Germany.
Porsche Dividend Announcement
• Porsche announced a semi annually dividend of €2.31 per ordinary share which will be made payable on . Ex dividend date: 2024-06-28
• Porsche annual dividend for 2024 was €4.62
• Porsche annual dividend for 2023 was €1.01
• Porsche's trailing twelve-month (TTM) dividend yield is 7.16%
• Porsche's payout ratio for the trailing twelve months (TTM) is 152.73%
Porsche Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-06-28 | €2.31 | semi annually | |
2024-06-10 | €2.31 | semi annually | 2024-06-12 |
2023-06-29 | €1.01 | semi annually | 2023-07-03 |
Porsche Dividend per year
Porsche Dividend Yield
Porsche current trailing twelve-month (TTM) dividend yield is 7.16%. Interested in purchasing Porsche stock? Use our calculator to estimate your expected dividend yield:
Porsche Financial Ratios
Porsche Dividend FAQ
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.
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