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Incorporated in 1872, and based in Milan, Italy, Pirelli (PLLIF) designs, develops, manufactures, and markets tires - for motor vehicles, industrial vehicles, and motorcycles.

The company supplies tires for cars, motorcycles, and bicycles in Europe, North America, the Asia-Pacific, South America, Russia, and the MEAI.

Three key data points gauge Pirelli or any dividend paying entity, namely:

(1) Price

(2) Dividends

(3) Returns

Those keys also show if any company has made, is making, and will make money.

PLLIF Price

Pirelli’s price rose about 8.7% over the past year from $5.98 to $6.50 as of Tuesday’s closing price.

PLLIF Dividends

Pirelli has paid variable annual dividends since May 2019.

The current forward looking annual dividend of $0.29 yields 4.39% per Tuesday’s $6.50 closing price.

PLLIF Returns

Putting it all together, a $0.79 estimated gross gain per share shows up when adding Pirelli’s annual $0.29 dividend to an estimated $0.50 analyst estimated annual price gain, totaling that $0.79 gross gain.

A little under $1000 invested at the recent $6.50 price would buy 154 shares which, multiplies the $0.79 gross gain to $121.66.

Furthermore almost 28% of that $122.00 gain comes from the $43.90 in dividends generated from a $1,000 investment, and the $43.90 amounts to 6.75 times the recent $6.50 single-share price.

(A dividend dogcatcher rule is to never buy a stock that pays a dividend from $1000 invested that is lower than the cost of a single share.)

Therefore, you may choose to pounce on Pirelli and its 4.39% dividend yield along with its 6 year dividend record.

The exact track of PLLIFs future prices and dividends will entirely be determined by market action and company finances. 

Remember the best way to track stock performance and dividend payments is through direct ownership of company shares.

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