Prysmian S.p.A. (PRYMF)
- GuruFocus.com
Encore Wire, the Prysmian Buyout and Next Picks
Attractive options for cash deployment resulting from the Encore-Prysmian merger
- Reuters
UPDATE 2-Italy's Prysmian aims to deliver Encore deal benefits faster
Italy's Prysmian aims to reap the benefits from its purchase of Encore Wire faster than initially envisaged, the CEO of the world's biggest cable maker said on Thursday, as it predicted 2024 results at the upper end of its estimates. Milan-based Prysmian last month announced the $4.2 billion acquisition of Encore Wire to expand in its North American profit powerhouse. Chief Executive Massimo Battaini told analysts the process was going well and no major issues were expected.
- GuruFocus.com
Prysmian SpA's Dividend Analysis
Prysmian SpA (PRYMY) recently announced a dividend of $0.37 per share, payable on 2024-05-08, with the ex-dividend date set for 2024-04-24. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Prysmian SpA's dividend performance and assess its sustainability.
