Markets·June 18, 2026·3 min read

Stellantis at $6.47 — An 8.9% Yield That Looks Too Good to Trust

Price · 12MYahoo Finance ↗

Stellantis closed at $6.47 on June 17, down 2.6% and near the bottom of a 52-week range that tops out at $12.22. The dividend screens at a jaw-dropping 8.9% — but that number is high precisely because the price has collapsed, and a yield that big is usually the market's way of saying it doesn't believe the payout will last.

MetricValue
Close (Jun 17 2026)$6.47 (-2.6%)
52-week range$6.28 – $12.22
FY2025 resultNet loss ~$24.9B
Dividend / target~8.9% / $9.19 (Hold)

The bull case

Stellantis returned to profit in Q1 2026 — net income around €0.4 billion on €38.1 billion of revenue, up 6% — after taking roughly €22 billion of charges in late 2025 to reset the business toward a "freedom of choice" lineup of EV, hybrid and combustion models, plus North-America-weighted battery expansion above 60 GWh. If the turnaround holds, you're buying a recovering multi-brand giant near multi-year lows with a huge income kicker and an analyst target around $9.

The bear case

A near-$25 billion 2025 loss is a deep hole, and trailing EPS is sharply negative — the Q1 profit is a single data point, not a trend. An 8.9% yield on a stock that just bled red is a textbook dividend-trap profile; if management trims the payout to protect cash, the income thesis evaporates overnight. Tariffs and soft demand keep the pressure on.

My verdict

This is a speculative hold, not an income buy. The recovery is plausible but unproven, and I treat the 8.9% yield as a warning label, not a feature. As Ruslan Averin, I'd want two or three quarters of sustained profitability and confirmation the dividend is safe before sizing this up — and I'd start only small near $6, where the downside to the 52-week low is thin. Don't reach for the yield until the earnings catch up to it.

Bottom line: Stellantis's 8.9% yield is the market shouting "dividend risk" — the Q1 profit is encouraging, but I hold this small and skeptical until the turnaround is real.

Ruslan Averin is an independent investor and market analyst, author of averin.com, publishing market research since 2014.

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Ruslan AverinInvestor & Market Analyst

Writes on capital allocation, risk, and market structure.