Poste Italiane S.p.A.
PITAFIndustrials · Stock · monthly payer
Forward Yield
6.10%
Annual Dividend
$1.43
Payout Ratio
61%
5-Yr Growth
19.6%
Ex-Date
Jul 22, 2026
Frequency
Monthly
Summary
As of September 2026, Poste Italiane S.p.A. (PITAF) yields 6.10% ($1.43 per share annually), with a blended fair-value estimate of $34.43 — +47% upside, so it screens as undervalued. Dividend safety grade: B (71/100). 5 years of dividend growth.
Is PITAF a good dividend stock?
Yes, with caveatsPoste Italiane S.p.A. (PITAF) pays a monthly dividend yielding 6.10% ($1.43/yr), with 5 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
- Strong 19.6% 5-yr dividend growth
- 73% total price return over 5 years
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 6.10%
- Payout Ratio
- 61%
- Annual Dividend
- $1.43
- 5-Yr Avg Growth
- 19.6%
- Ex-Dividend Date
- Jul 22, 2026
- Years of Growth
- 5
- Frequency
- monthly
- Beta
- 0.77
- Market Cap
- $30.3B
- P/E Ratio
- 11.0
- 5-Yr Total Return
- 73%
- 52-Week Range
- $13.47 – $27.61
- Dividend Safety
- B · 71/100
- Ever Cut?
- No
Frequently Asked Questions
PITAF Price — Last 12 Months
Daily close
Price Return
1 Year
+8%
3 Years
+165%
5 Years
+73%
52-Week Range
$13.47 – $27.61
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is PITAF worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Poste Italiane S.p.A. is $34.43 per share, versus a market price of $23.45. That implies 47% of upside — a margin of safety of about 32%.
Fair Value
$34.43
Current Price
$23.45
Upside
+47%
Margin of Safety
32%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model 5.8% — so the price already assumes faster growth than we think is likely.
Assumptions: 8.1% discount rate (CAPM), 5.8% stage-1 growth, 2.5% terminal growth, $2.14 EPS, $1.43 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
PITAF Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 22, 2026 | — | $0.9887 | regular |
| Jun 22, 2026 | — | $0.9868 | regular |
| Jun 22, 2026 | — | $0.9864 | regular |
| Jun 22, 2026 | — | $0.9855 | regular |
| Jun 22, 2026 | — | $0.9849 | regular |
| Jun 22, 2026 | — | $0.9843 | regular |
| Nov 24, 2025 | — | $0.4653 | regular |
| Nov 24, 2025 | — | $0.4644 | regular |
| Nov 24, 2025 | — | $0.4642 | regular |
| Nov 24, 2025 | — | $0.4638 | regular |
| Nov 24, 2025 | — | $0.4635 | regular |
| Nov 24, 2025 | — | $0.4632 | regular |
| Jun 23, 2025 | — | $0.8724 | regular |
| Jun 23, 2025 | — | $0.8707 | regular |
Income Calculator
At $1.43 / yr per share
