Musti Group Oyj operates as a pet care specialist in Finland, Sweden, and Norway. The company offers a range of pet products in the food and non-food categories under own and third-party brands. It also provides various services, such as veterinary, and pet health and care; trimming, cutting, and nail surgery; grooming; and education and learning. The company sells its products under the Musti ja Mirri, Pete's Dog Accessories, Vetzoo, Brit Care, Animail, Arken Zoo, Djurmagazinet, Musti, and Peten Koiratarvike brands. As of September 30, 2021, it operated 312 owned and franchised stores, as well as online stores. Musti Group Oyj was founded in 1988 and is headquartered in Helsinki, Finland.
Musti Dividend Announcement
• Musti announced a annually dividend of €0.30 per ordinary share which will be made payable on 2024-08-29. Ex dividend date: 2024-08-21
• Musti annual dividend for 2024 was €0.30
• Musti's trailing twelve-month (TTM) dividend yield is 1.31%
• Musti's payout ratio for the trailing twelve months (TTM) is 205.86%
Musti Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-21 | €0.30 | annually | 2024-08-29 |
2021-01-22 | €0.38 | annually | 2021-02-02 |
Musti Dividend per year
Musti Dividend Yield
Musti current trailing twelve-month (TTM) dividend yield is 1.31%. Interested in purchasing Musti stock? Use our calculator to estimate your expected dividend yield:
Musti Financial Ratios
Musti Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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