Stellantis Announces Dividend Payment of €155 per Share
Dividend Date and Tax Deductions
Stellantis NV (NYSE: STLA) announced on April 16, 2024, its intention to pay a dividend of €155 per common share. The ex-dividend date is set for April 22, 2024. After tax deductions, the net dividend payout to shareholders will vary based on their individual tax circumstances.
Dividend Yield and Historical Payments
Based on the current share price of €2,594, the proposed dividend represents a dividend yield of approximately 6.35%. Over the past year, Stellantis has paid a dividend of €167 per share.
Increase in Dividend Payment
The proposed dividend of €155 per share reflects an increase of approximately 16% compared to the previous dividend payment. This increase is a testament to Stellantis's strong financial performance and commitment to rewarding shareholders.
Dividend Yield and Historical Payments
Stellantis's dividend yield is currently in line with the industry average for automotive manufacturers. The company's consistent dividend payments demonstrate its commitment to shareholders and provide investors with a stable stream of income.
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