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Varengold Bank AG provides various marketplace and transaction/commercial banking products and services in Germany, the United Kingdom, and Bulgaria. The company offers call and fixed term deposits; lending and fronting services; international payment transaction, trade and export finance, Lombard credits, and structured finance; and bank guarantees, as well as debt and equity capital market products. It serves private and commercial customers. The company was formerly known as Varengold Wertpapierhandelsbank AG and changed its name to Varengold Bank AG in 2013. Varengold Bank AG was founded in 1995 and is headquartered in Hamburg, Germany.

Varengold Bank Dividend Announcement

Varengold Bank announced a annually dividend of €0.12 per ordinary share which will be made payable on 2011-08-04. Ex dividend date: 2011-08-04
Varengold Bank's trailing twelve-month (TTM) dividend yield is -%

Varengold Bank Dividend History

Ex-Div dateDividend amountDividend typePay date
2011-08-04€0.12annually2011-08-04

Varengold Bank Dividend per year

Varengold Bank Dividend Yield

Varengold Bank current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Varengold Bank stock? Use our calculator to estimate your expected dividend yield:

Varengold Bank Financial Ratios

P/E ratio2.55
PEG ratio0.03
P/B ratio0.36
ROE15.00%
Payout ratio0.00%
Current ratio23.20
Quick ratio23.20
Cash Ratio23.20

Varengold Bank Dividend FAQ

Does Varengold Bank stock pay dividends?
Varengold Bank does not currently pay dividends to its shareholders.
Has Varengold Bank ever paid a dividend?
No, Varengold Bank has no a history of paying dividends to its shareholders. Varengold Bank is not known for its dividend payments.
Why doesn't Varengold Bank pay dividends?
There are several potential reasons why Varengold Bank would choose not to pay dividends to their shareholders:

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.
Will Varengold Bank ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Varengold Bank has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Varengold Bank a dividend aristocrat?
Varengold Bank is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Varengold Bank a dividend king?
Varengold Bank is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Varengold Bank a dividend stock?
No, Varengold Bank is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Varengold Bank stocks?
To buy Varengold Bank you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Varengold Bank stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.