Recordati Industria Chimica e Farmaceutica S.p.A., together with its subsidiaries, engages in the research, development, manufacture, marketing, and sale of pharmaceuticals worldwide. The company offers pharmaceuticals in various therapeutic areas, including cardiovascular, dermatology, over the counter/non-prescription pharmaceuticals, urology, anti-infectives, central nervous system, gastrointestinal, gynecology and obstetrics, musculo-skeletal disorders and analgesia, nutrition and related products, cosmetics, dietary supplements, medical devices, allergy, endocrinology, respiratory, pain management/inflammation, generics, antipyretics and cold preparations, and oncology, as well as ear, nose, and throat. It also provides products for rare diseases; and pharmaceutical chemicals, such as chemical syntheses, active pharmaceutical ingredients, and intermediates. The company was founded in 1926 and is headquartered in Milan, Italy. Recordati Industria Chimica e Farmaceutica S.p.A. operates as a subsidiary of Rossini S.à R.L.
Recordati Industria Chimica e Farmaceutica Dividend Announcement
• Recordati Industria Chimica e Farmaceutica announced a semi annually dividend of €0.60 per ordinary share which will be made payable on 2024-11-20. Ex dividend date: 2024-11-18
• Recordati Industria Chimica e Farmaceutica annual dividend for 2024 was €1.23
• Recordati Industria Chimica e Farmaceutica annual dividend for 2023 was €1.17
• Recordati Industria Chimica e Farmaceutica's trailing twelve-month (TTM) dividend yield is 2.35%
• Recordati Industria Chimica e Farmaceutica's payout ratio for the trailing twelve months (TTM) is 63.99%
• Recordati Industria Chimica e Farmaceutica's dividend growth over the last five years (2018-2023) was 5.86% year
• Recordati Industria Chimica e Farmaceutica's dividend growth over the last ten years (2013-2023) was 13.84% year
Recordati Industria Chimica e Farmaceutica Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-18 | €0.60 | semi annually | 2024-11-20 |
2024-05-20 | €0.63 | semi annually | 2024-05-22 |
2023-11-20 | €0.57 | semi annually | 2023-11-22 |
2023-05-22 | €0.60 | semi annually | 2023-05-24 |
2022-11-21 | €0.55 | semi annually | 2022-11-23 |
2022-05-23 | €0.57 | semi annually | 2022-05-25 |
2021-11-22 | €0.53 | semi annually | 2021-11-24 |
2021-05-24 | €0.55 | semi annually | 2021-05-26 |
2020-11-23 | €0.50 | semi annually | 2020-11-25 |
2020-05-18 | €0.52 | semi annually | 2020-05-20 |
2019-11-18 | €0.48 | semi annually | 2019-11-20 |
2019-04-23 | €0.47 | semi annually | 2019-04-25 |
2018-11-19 | €0.45 | semi annually | 2018-11-21 |
2018-04-23 | €0.43 | semi annually | 2018-04-25 |
2017-11-20 | €0.42 | semi annually | 2017-11-22 |
2017-04-24 | €0.35 | semi annually | 2017-04-26 |
2016-11-21 | €0.35 | semi annually | |
2016-04-18 | €0.30 | semi annually | |
2015-11-09 | €0.30 | semi annually | |
2015-04-20 | €0.24 | semi annually | |
2014-11-17 | €0.26 | semi annually | |
2014-04-28 | €0.11 | semi annually | |
2013-11-18 | €0.22 | semi annually | |
2013-04-22 | €0.10 | semi annually |
Recordati Industria Chimica e Farmaceutica Dividend per year
Recordati Industria Chimica e Farmaceutica Dividend growth
Recordati Industria Chimica e Farmaceutica Dividend Yield
Recordati Industria Chimica e Farmaceutica current trailing twelve-month (TTM) dividend yield is 2.35%. Interested in purchasing Recordati Industria Chimica e Farmaceutica stock? Use our calculator to estimate your expected dividend yield:
Recordati Industria Chimica e Farmaceutica Financial Ratios
Recordati Industria Chimica e Farmaceutica Dividend FAQ
Other factors to consider when evaluating Recordati Industria Chimica e Farmaceutica 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: Recordati Industria Chimica e Farmaceutica'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, Recordati Industria Chimica e Farmaceutica 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, Recordati Industria Chimica e Farmaceutica 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 Recordati Industria Chimica e Farmaceutica 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: Recordati Industria Chimica e Farmaceutica 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, Recordati Industria Chimica e Farmaceutica distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Recordati Industria Chimica e Farmaceutica 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 Recordati Industria Chimica e Farmaceutica'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 Recordati Industria Chimica e Farmaceutica'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.