Salvatore Ferragamo S.p.A., through its subsidiaries, creates, produces, and sells luxury goods for men and women in Italy, rest of Europe, North America, Japan, the Asia Pacific, and Central and South America. The company offers men's and women's footwear; leather goods, such as handbags, suitcases, belts, wallets, and other men's and women's leather accessories; and knitwear, clothes for formal occasions, sportswear, and leisure wear, as well as outerwear, such as husky jackets, ponchos, and leather garments. It also provides silk accessories, including ties, foulards, scarves, etc.; home accessories comprising plaid throws, cushions, and beach towels; costume jewelry; and other accessories consisting of shawls and gloves. In addition, the company develops and distributes perfumes and fragrances. Further, it offers men's and women's sunglasses and prescription glasses; jewelry products; and watches. Additionally, the company is also involved in the real estate management business. Salvatore Ferragamo S.p.A. was formerly known as Salvatore Ferragamo Italia S.p.A. and changed its name to Salvatore Ferragamo S.p.A. in April 2011. The company was founded in 1927 and is headquartered in Florence, Italy. Salvatore Ferragamo S.p.A. is a subsidiary of Ferragamo Finanziaria S.p.A.
Salvatore Ferragamo Dividend Announcement
• Salvatore Ferragamo announced a annually dividend of $0.06 per ordinary share which will be made payable on . Ex dividend date: 2024-05-20
• Salvatore Ferragamo annual dividend for 2024 was $0.06
• Salvatore Ferragamo annual dividend for 2023 was $0.17
• Salvatore Ferragamo's trailing twelve-month (TTM) dividend yield is 1.69%
• Salvatore Ferragamo's payout ratio for the trailing twelve months (TTM) is 177.38%
Salvatore Ferragamo Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-20 | $0.06 | annually | |
2023-05-22 | $0.17 | annually | 2023-06-08 |
2022-05-23 | $0.18 | annually | 2022-06-09 |
Salvatore Ferragamo Dividend per year
Salvatore Ferragamo Dividend growth
Salvatore Ferragamo Dividend Yield
Salvatore Ferragamo current trailing twelve-month (TTM) dividend yield is 1.69%. Interested in purchasing Salvatore Ferragamo stock? Use our calculator to estimate your expected dividend yield:
Salvatore Ferragamo Financial Ratios
Salvatore Ferragamo Dividend FAQ
Other factors to consider when evaluating Salvatore Ferragamo 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: Salvatore Ferragamo'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, Salvatore Ferragamo 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, Salvatore Ferragamo 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 Salvatore Ferragamo 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: Salvatore Ferragamo 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, Salvatore Ferragamo distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Salvatore Ferragamo 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 Salvatore Ferragamo'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 Salvatore Ferragamo'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.