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Racing Force SpA (XPAR:ALRFG) Dividend Yield % : 2.34% (As of Jun. 07, 2024)


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What is Racing Force SpA Dividend Yield %?

As of today (2024-06-07), the Trailing Annual Dividend Yield of Racing Force SpA is 2.34%.

Good Sign:

Racing Force SpA stock dividend yield is close to 2-year high.

The historical rank and industry rank for Racing Force SpA's Dividend Yield % or its related term are showing as below:

XPAR:ALRFG' s Dividend Yield % Range Over the Past 10 Years
Min: 1.18   Med: 1.33   Max: 2.36
Current: 2.34

During the past 4 years, the highest Dividend Yield of Racing Force SpA was 2.36%. The lowest was 1.18%. And the median was 1.33%.

XPAR:ALRFG's Dividend Yield % is ranked better than
51.71% of 350 companies
in the Travel & Leisure industry
Industry Median: 2.19 vs XPAR:ALRFG: 2.34

Racing Force SpA's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

During the past 4 years, the highest Dividend Payout Ratio of Racing Force SpA was 0.46. The lowest was 0.22. And the median was 0.34.

As of today (2024-06-07), the Forward Dividend Yield % of Racing Force SpA is 2.34%.

Racing Force SpA's Dividends per Share for the three months ended in Dec. 2023 was €0.00.

During the past 12 months, Racing Force SpA's average Dividends Per Share Growth Rate was 28.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Racing Force SpA Dividend Yield % Historical Data

The historical data trend for Racing Force SpA's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Racing Force SpA Dividend Yield % Chart

Racing Force SpA Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Dividend Yield %
- - - 1.74

Racing Force SpA Quarterly Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Yield % Get a 7-Day Free Trial - - - 1.53 1.74

Competitive Comparison of Racing Force SpA's Dividend Yield %

For the Leisure subindustry, Racing Force SpA's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Racing Force SpA's Dividend Yield % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Racing Force SpA's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Racing Force SpA's Dividend Yield % falls into.



Racing Force SpA Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Racing Force SpA Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
EUR 0.0900002024-05-132024-05-142024-05-15Cash DividendannuallyEUR:EUR 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Racing Force SpA's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.09/3.85
=2.34 %

Current Share Price is €3.85.
Racing Force SpA's Dividends per Share for the trailing twelve months (TTM) ended in Today is €0.09.

Racing Force SpA's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.09/3.85
=2.34 %

Current Share Price is €3.85.
Racing Force SpA's Dividends per Share for the forward twelve months is calculated as €0.09 * 1 = €0.09.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Racing Force SpA  (XPAR:ALRFG) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Racing Force SpA Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Racing Force SpA's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Racing Force SpA (XPAR:ALRFG) Business Description

Traded in Other Exchanges
Address
via Bazzano 5, Ronco Scrivia, Genoa, ITA, 16019
Racing Force SpA is engaged in the field of design and manufacture of motorsport safety products. Its product range spans from suits, gloves, shoes, seats, harnesses, helmets, rollbars, racing nets, steering wheels, fire extinguisher systems, and intercoms, to other accessories strictly related to the motorsport industry.

Racing Force SpA (XPAR:ALRFG) Headlines

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