Stellantis to increase dividend next year, return cash to shareholders in multiple ways.


Stellantis recently unveiled a series of future plans, mentioning that it will significantly increase dividends next year to boost shareholder income.

Stellantis, the world's fourth-largest automaker, maintained its 2024 financial forecast on Thursday and stated that it aims to increase its dividend payout ratio next year.

The company, formed by the merger of Fiat Chrysler and Peugeot maker PSA in 2021, plans to hold an investor day event on Thursday in Auburn Hills, Michigan.

Stellantis announced in a statement that the company will target the upper limit of its 25% to 30% dividend payout policy in 2025, compared to the 25% paid in recent years.

“The company will continue to return excess cash to shareholders through share repurchases and ordinary dividends,” Stellantis said.

Stellantis' investor day event coincides with the European Union authorities' announcement of imposing additional tariffs of up to 38.1% on imported Chinese electric vehicles starting in July.

The group's brands, including Jeep, Ram, Citroën, Opel, and Alfa Romeo, confirmed its current year's forecast, including an adjusted operating income margin of 10% to 11% for the first half and "significantly lower industrial free cash flow compared to the same period last year."

Additionally, the company stated that in 2024 it would return at least €7.7 billion (approximately $8.32 billion) to shareholders through dividends and buybacks.



Risk Warning and Disclaimer

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.

The End



A dividend is a cash payment or stock distribution by a listed company to its shareholders, representing a portion of its profits.


Related News

Risk Warning

TraderKnows is a financial media platform, with information displayed coming from public networks or uploaded by users. TraderKnows does not endorse any trading platform or variety. We bear no responsibility for any trading disputes or losses arising from the use of this information. Please be aware that displayed information may be delayed, and users should independently verify it to ensure its accuracy.


Contact Us

Social Media