S9L dividend – Salvatore Ferragamo SpA Announces 0.28 Cash Dividend
May 29, 2023
Dividends Yield
On May 26 2023, Salvatore Ferragamo SpA announced a 0.28 cash dividend. This marks the third consecutive year that the company has issued a dividend per share of 0.34 EUR, yielding an average of 2.19%. If you are looking for dividend stocks, SALVATORE FERRAGAMO SPA ($BER:S9L) might be a good option. The ex-dividend date for the dividend is May 22 2023. The dividend payout is a sign of confidence in the company’s future prospects. The company has consistently maintained a healthy balance sheet and has been able to remain profitable despite the difficult market conditions over the past few years.
With the dividend, shareholders can benefit from the company’s strong financial position. The cash dividend is a sign of SALVATORE FERRAGAMO SPA’s commitment to shareholders’ returns. The company has consistently rewarded shareholders with dividends over the years and looks forward to continuing this trend into the future. If you are looking for a solid dividend paying stock, SALVATORE FERRAGAMO SPA might be the right choice for you.
Stock Price
The stock opened at €14.8 that day and closed at the same price, a slight increase of 0.7% from the previous closing price of 14.7. This dividend announcement shows that the company is in a healthy financial position and can afford to share its earnings with stockholders. It also shows that the company is confident about its prospects for the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for S9L. More…
| Total Revenues | Net Income | Net Margin |
| 1.25k | 69.61 | 6.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for S9L. More…
| Operations | Investing | Financing |
| 267.07 | -65.86 | -323.28 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for S9L. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.72k | 944.88 | 4.36 |
Key Ratios Snapshot
Some of the financial key ratios for S9L are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -3.1% | -5.4% | 9.4% |
| FCF Margin | ROE | ROA |
| 16.9% | 9.9% | 4.3% |
Analysis
At GoodWhale, we have conducted an analysis of SALVATORE FERRAGAMO SPA’s financials. Based on our Risk Rating, this company is a medium risk investment in terms of financial and business aspects. Our analysis detected two risk warnings in the income sheet and balance sheet. If you would like to learn more, please register with us to check it out. All our analyses are conducted with the utmost care and precision, so you can be assured that you are making a well-informed decision when investing with SALVATORE FERRAGAMO SPA. More…
Peers
Salvatore Ferragamo SpA is an Italian luxury fashion house that specializes in leather shoes, handbags, clothing, and accessories. It is one of the leading international fashion houses in the world, and competes with other renowned fashion brands such as Prada SpA, Tapestry Inc, and Brunello Cucinelli SpA. All of these companies have long-standing histories in the luxury fashion industry and continue to be some of the most sought-after labels in the world.
– Prada SpA ($SEHK:01913)
Prada SpA is a luxury fashion house that has been in business since 1913. Today it is one of the premier fashion brands in the world with a market capitalization of 134.21 billion as of 2023. The return on equity (ROE) for Prada SpA is 14.12%, reflecting the company’s strong financial performance. Prada SpA offers a wide range of products, including leather goods, footwear, apparel, fragrances, and eyewear, and is known for its iconic designs and quality materials. The company’s brand portfolio includes some of the most well-known names in fashion and has been worn by celebrities around the world.
– Tapestry Inc ($NYSE:TPR)
Tapestry Inc is a leading global fashion accessories and lifestyle brands company. It offers an array of products including handbags, wallets, accessories, apparel, footwear, jewelry, eyewear, and fragrances. With a market cap of 9.66B as of 2023, Tapestry Inc is a well-established and successful company. Additionally, its Return on Equity (ROE) of 31.08% reflects its strong financial performance, suggesting that the company is utilizing its resources in a profitable way.
– Brunello Cucinelli SpA ($LTS:0Q7S)
Brunello Cucinelli SpA is a luxury fashion apparel and accessories manufacturer based in Italy. Founded in 1978, the company prides itself on its use of high-quality materials, attention to detail, and craftsmanship in all of its products. As of 2023, Brunello Cucinelli has cultivated a market cap of 5.44B. The company also has an impressive Return on Equity (ROE) of 23.68%. This indicates that Brunello Cucinelli is a profitable company and its profitability has been increasing which is a testament to its management. The company’s success can be attributed to its commitment to providing quality products and its focus on customer satisfaction.
Summary
SALVATORE FERRAGAMO SPA is an attractive investment opportunity for dividend investors. Over the past 3 years, the company has paid a steady and reliable dividend per share of 0.34 EUR, yielding an average of 2.19%. This is a good rate of return for those looking for long-term income. Furthermore, SALVATORE FERRAGAMO SPA’s financial performance has been strong, showing solid earnings growth.
As such, the stock is likely to see further capital appreciation in the future. Ultimately, SALVATORE FERRAGAMO SPA is a good choice for those seeking a reliable dividend yield and potential for further growth.
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