tiprankstipranks
Trending News
More News >

Ferretti S.p.A. Declares Final Dividend for 2024

Story Highlights
Ferretti S.p.A. Declares Final Dividend for 2024

An update from Ferretti S.p.A. ( (IT:YACHT) ) is now available.

Ferretti S.p.A. has announced a final ordinary cash dividend of EUR 0.1 per share for the financial year ending December 31, 2024. This decision reflects the company’s commitment to returning value to its shareholders. The dividend will be subject to a 26% Italian withholding tax for non-Italian resident shareholders, who are advised to seek professional advice regarding tax refund procedures. The announcement underscores Ferretti’s stable financial performance and its strategic focus on maintaining shareholder confidence.

More about Ferretti S.p.A.

Ferretti S.p.A. operates in the luxury yacht industry, specializing in the design, construction, and sale of motor yachts and pleasure vessels. The company is known for its high-quality craftsmanship and innovation, catering primarily to affluent clientele in the global market.

YTD Price Performance: 1.99%

Average Trading Volume: 34,745

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$7.83B

For a thorough assessment of YACHT stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App