SmarterDividends
RACE

Ferrari N.V.

RACE

Consumer Cyclical · Stock · annual payer

Forward Yield

1.21%

Annual Dividend

$4.23

Payout Ratio

33%

5-Yr Growth

22.8%

Ex-Date

Apr 21, 2026

Frequency

Annual

RACE Dividend Safety Score

55/ 100
Grade C

Borderline

Dividend-growth streak5 consecutive years of growth
Cut historyCut its dividend in 2021
Earnings payout coverage33% of earnings paid out
Free-cash-flow coverage76% of free cash flow
Balance-sheet strengthDebt/equity of 0.72
Yield vs its historyYield is 1.9× its 5-yr average — elevated

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

Is RACE a good dividend stock?

Mixed

Ferrari N.V. (RACE) pays a annual dividend yielding 1.21% ($4.23/yr), with 4 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • Comfortable payout ratio (33%)
  • Strong 22.8% 5-yr dividend growth
  • 69% total price return over 5 years

Risks

  • Cut its dividend in 2021

Key Data

Dividend Yield
1.21%
Payout Ratio
33%
Annual Dividend
$4.23
5-Yr Avg Growth
22.8%
Ex-Dividend Date
Apr 21, 2026
Years of Growth
4
Frequency
annual
Beta
0.59
Market Cap
$61.6B
P/E Ratio
33.5
5-Yr Total Return
69%
52-Week Range
$312.51 – $519.10
Dividend Safety
C · 55/100
Ever Cut?
Yes (2021)
RACE ex-dividend date & scheduleNext ex-date Apr 21, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $4.23 / yr per share

Per payment (annual)$423.00
Annual$423.00
Monthly avg$35.25