Stellantis Announces Dividend and Detachment Date
Dividend Yield of 6.35%
Ex-Dividend Date: April 22, 2024
Stellantis announced today that it will pay a dividend of 1.55 per share for the year 2024. The dividend will be payable to shareholders of record as of April 22, 2024. This represents a dividend yield of 6.35% based on Stellantis' current share price.
Stellantis has a history of paying dividends to its shareholders. In 2023, the company paid a dividend of €1.67 per share. The company's dividend policy is to pay out 30-50% of its net income to shareholders.
The dividend announcement was made at Stellantis' annual general meeting, which was held on April 29, 2024. At the meeting, shareholders also approved the company's financial statements for 2023 and elected a new board of directors.
Stellantis is a global automaker that was formed through the merger of Fiat Chrysler Automobiles and Groupe PSA in 2021. The company has a portfolio of iconic brands, including Fiat, Chrysler, Jeep, Peugeot, and Citroën.
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