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Stellantis shareholders approved a $1.65 per share dividend and OK'd a new board member during the ... The payment date is scheduled for May 3. ... Stellantis shareholders OK dividend, support CEO ...
The huge FCF cut, of course, is the biggest red flag, and it's now highly likely that Stellantis may cut its dividend in 2025. Stellantis stock has plunged 51% year to date as of this writing and ...
The company also announced a dividend of 1.55 euros ($1.67) per share, up 16% compared to last year. Logansport - August 3, 2023: Ram 1500 display at a Stellantis dealership.
Stellantis N.V. is a multinational automotive manufacturing company formed from the merger in 2021 of the Italian–American conglomerate Fiat Chrysler Automobiles (FCA) and the French PSA Group. [ 10 ] [ 11 ] [ 12 ] The company headquarters are located in Hoofddorp , Netherlands.
The ex-dividend date (coinciding with the reinvestment date for shares held subject to a dividend reinvestment plan) is an investment term involving the timing of payment of dividends on stocks of corporations, income trusts, and other financial holdings, both publicly and privately held.
Starting in late 2019, FCA merged with the PSA Group (owner of the Peugeot and Citroën brands among others) on a 50-50 all-stock basis [9] in a $50 billion merger. [10] [11] In 2020, the company announced its new name, Stellantis. [12] In January 2021, the merger was complete with FCA resulting as the surviving entity and changed its name to ...
Stock of Stellantis (NYSE: STLA), ... Stellantis' 8.5% dividend yield is still a big attraction, but without the cash to back it up, even that attraction may not last forever.
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