Ferrari (RACE) Dividend

Ferrari N.V. · Consumer Cyclical · Auto Manufacturers · annual payer

$421.88

As of Nov 5, 2026, Ferrari (RACE) pays an annual dividend of $4.2540 per share, or $4.23 a year, a 0.98% yield at its $421.88 share price. It pays once a year, usually in May. It has raised its dividend 4 years in a row and has a dividend safety grade of C.

Forward Yield

0.98%

Annual Dividend

$4.23

Payout Ratio

38%

5-Yr Growth

22.8%

Ex-Date

Apr 21, 2026

Frequency

Annual

Key facts about RACE's dividend

Data as of Nov 5, 2026 · Source: SmarterDividends data

As of Nov 5, 2026, Ferrari N.V. (RACE) has a forward dividend yield of 0.98%, based on an annual dividend of $4.23 per share and a share price of $421.88.
As of Nov 5, 2026, RACE's dividend safety grade from SmarterDividends is C (57 out of 100), which rates the dividend as borderline.
By SmarterDividends' count, Ferrari N.V. (RACE) has raised its dividend for 4 consecutive years as of Nov 5, 2026.
RACE last cut its regular dividend in 2021.
RACE's most recent ex-dividend date was Apr 20, 2026, for a dividend of $4.25 per share.
As of Nov 5, 2026, RACE pays out 38% of its trailing 12-month earnings as dividends (its payout ratio).
RACE's dividend has grown at an average rate of 22.8% a year over the past five years.
As of Nov 5, 2026, RACE's 0.98% yield is 52% above its five-year average yield of 0.65%.
As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for RACE is $236.62 per share, 44% below the $421.88 share price, so RACE screens as overvalued.
Ferrari N.V. (RACE) pays its dividend annual, once a year.

Cite this page

SmarterDividends, "RACE Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/RACE

Is RACE a good dividend stock?

Mixed

Ferrari N.V. (RACE) pays a annual dividend yielding 0.98% ($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 (38%)
Strong 22.8% 5-yr dividend growth
52% total price return over 5 years

Risks

Cut its dividend in 2021

Key Data

Dividend Yield: 0.98%
Payout Ratio: 38%
Annual Dividend: $4.23
5-Yr Avg Growth: 22.8%
Ex-Dividend Date: Apr 21, 2026
Years of Growth: 4
Frequency: annual
Beta: 0.66
Market Cap: $73.9B
P/E Ratio: 38.1
5-Yr Total Return: 52%
52-Week Range: $312.51 – $437.15
Dividend Safety: C · 57/100
Ever Cut?: Yes (2021)

RACE dividend changes

Ferrari N.V. (RACE) pays a variable dividend: across the 11 payments on record since 2016, 8 were higher than the one before and 1 lower. The latest change was up 32.0% to $3.44 per share, going ex-dividend on Apr 22, 2025.

Ex-date	Change	Old → new	Move
Apr 22, 2025	Higher	$2.60 → $3.44	+32.0%
Apr 22, 2024	Higher	$1.99 → $2.60	+30.9%
Apr 24, 2023	Higher	$1.47 → $1.99	+35.4%
Apr 19, 2022	Higher	$1.04 → $1.47	+41.4%
Apr 19, 2021	Lower	$1.23 → $1.04	−15.5%
Apr 20, 2020	Higher	$1.16 → $1.23	+6.0%
Apr 23, 2019	Higher	$0.872 → $1.16	+32.9%
Apr 23, 2018	Higher	$0.681 → $0.872	+28.0%
Apr 24, 2017	Higher	$0.516 → $0.681	+32.0%

Every RACE payment →Download every raise and cut (CSV)

RACE ex-dividend date & scheduleNext ex-date Apr 21, 2026 · full ex-dividend historyView →RACE dividend historyEvery payment, totals by year, raises and cutsView →RACE dividend calculator100 shares pay $423.00 a year, $423.00 each yearCalculate →RACE total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is RACE a good dividend stock?

Mixed. Ferrari N.V. (RACE) pays a annual dividend yielding 0.98% ($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.

Is RACE undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, RACE's fair value is about $236.62 versus a $421.88 share price — so it looks overvalued (-44% vs. fair value).

Is RACE's dividend safe?

RACE has a dividend-safety grade of C (57/100), based on its payout coverage, free-cash-flow, 4-year growth streak, a dividend cut in 2021, debt and yield-versus-history.

What is RACE's fair value?

Our blended fair-value estimate for RACE is about $236.62 per share, about 44% below the current $421.88 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is RACE a buy, hold, or sell?

We don't issue formal ratings, but on the data RACE screens as "mixed" and overvalued. Ferrari N.V. (RACE) pays a annual dividend yielding 0.98% ($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. This is research for your own analysis, not investment advice.

Will RACE cut its dividend?

RACE earns a dividend-safety grade of C (57/100), and has cut its dividend before (last in 2021). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does RACE pay a dividend?

Yes. Ferrari N.V. pays a annual dividend of about $4.23 per share annually, a forward yield of roughly 0.98%.

How much dividend does 100 shares of RACE pay?

At $4.23 per share a year, 100 shares of RACE pay $423.00 a year in dividends before tax, about $423.00 each year. Buying them costs about $42,188 at the Nov 5, 2026 price.

What is RACE's dividend yield?

As of Nov 5, 2026, RACE's forward dividend yield is 0.98%, based on a $4.23 annual dividend and a $421.88 share price.

What is RACE's dividend per share?

As of Nov 5, 2026, RACE pays $4.23 per share per year, distributed on a annual basis.

What is RACE's dividend payout ratio?

As of Nov 5, 2026, RACE's payout ratio is 38% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has RACE grown its dividend?

As of Nov 5, 2026, RACE has increased its dividend for 4 consecutive years.

When is the next RACE ex-dividend date?

As of Nov 5, 2026, RACE's next ex-dividend date hasn't been announced. The most recent was Apr 20, 2026, for $4.25 per share.

Dividend Growth

Total dividends per share by year

Dividend History

Full RACE dividend history →

Ex-Date	Pay Date	Amount	Type
Apr 20, 2026	—	$4.2540	regular
Apr 22, 2025	—	$3.4380	regular
Apr 22, 2024	May 3, 2024	$2.6040	regular
Apr 24, 2023	May 5, 2023	$1.9890	regular
Apr 19, 2022	May 6, 2022	$1.4690	regular
Apr 19, 2021	May 5, 2021	$1.0390	regular
Apr 20, 2020	May 5, 2020	$1.2290	regular
Apr 23, 2019	May 2, 2019	$1.1590	regular
Apr 23, 2018	May 2, 2018	$0.8720	regular
Apr 24, 2017	May 2, 2017	$0.6810	regular
May 23, 2016	May 30, 2016	$0.5160	regular