Dividend Distribution
19 February 2020 - 5:03AM
Ferrari N.V. (NYSE/MTA: RACE) announced today
that its Board of Directors intends to recommend to the Company’s
shareholders a dividend distribution to the holders of common
shares of Euro 1.13 per common share, corresponding to a total
distribution of approximately Euro 210 million equal to
approximately a 8% increase compared to last year distribution.
The distribution will be subject to its approval
by the Annual General Meeting of Shareholders which is scheduled to
be held on April 16, 2020.
If shareholders approve the proposed dividend
distribution, the ex-date is expected to be April 20, 2020, the
record date April 21, 2020 on both MTA and NYSE and the payment
date May 5, 20201.
1 The coupon number of the dividend is 5 (five).
- FNV Dividend Distribution PR (ENG) 18.2.2020_2
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