Ferrari N.V. announced that shareholders approved a cash dividend of €3.615 per outstanding common share, a total payout of roughly €640 million. The ex‑dividend date is set for April 20 2026 on the Euronext Milan exchange and April 21 2026 on the NYSE, with the dividend payment scheduled for May 5 2026.
The dividend represents a 21% increase over the €3.00 per share paid in 2025, reflecting the company’s strong industrial free cash flow of €1.538 billion for full‑year 2025, up 50% year‑over‑year. The higher payout underscores Ferrari’s confidence in sustaining robust cash generation from its core automotive operations.
Ferrari is also advancing a multi‑year share‑buyback program totaling approximately €3.5 billion. The first tranche has been completed, and a second tranche of up to €250 million began in April 2026, further enhancing shareholder value alongside the dividend.
CEO Benedetto Vigna highlighted the 2025 results, noting that “our remarkable financial performance – with revenues up 7% to over Euro 7.1 billion, an EBIT margin up 120 basis points to 29.5%, and industrial free cash flow surpassing Euro 1.5 billion – was sustained by product mix, personalizations and sponsorships.” The comment illustrates the firm’s disciplined volume strategy and its ability to generate excess cash for returns.
Together, the dividend increase and the ongoing buyback program demonstrate Ferrari’s commitment to returning value to shareholders while maintaining a strong balance sheet and a resilient business model.
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