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Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi, together with its subsidiaries, produces and sells brown and white goods in Turkey, Europe, and internationally. The company operates through three segments: Television and Electronic Devices, White Goods, and Other. The company provides refrigerators and freezers, washing machines, tumble dryers, cookers, ovens, water heaters, dishwashers, air-conditioners, and other cooking appliances. It also offers televisions; set-top boxes; visual solutions; mobile products, tablets, and smart watches; LED lighting; smart home, smart sleep lights, smart sleeping pads, cloud architecture, and hygiene solutions; and electric vehicle charging stations, battery modules, chargers, vaccine storage cabinets, e-bike batteries, battery management systems, and electronic cards. The company sells its products through 1,173 Vestel stores, 755 Regal sales outlets, and 10 VsOutlet stores, as well as through household stores, hypermarkets, discount stores, electronic retailer chains, and e-commerce websites. It also exports its products. The company was incorporated in 1983 and is headquartered in Istanbul, Turkey. Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi is a subsidiary of Zorlu Holding A.S.

Vestel Elektroniknayi ve Ticaret Anonim Sirketi Dividend Announcement

• Vestel Elektroniknayi ve Ticaret Anonim Sirketi announced a quarterly dividend of ₺2.35 per ordinary share which will be made payable on 2021-12-02. Ex dividend date: 2021-11-30
• Vestel Elektroniknayi ve Ticaret Anonim Sirketi's trailing twelve-month (TTM) dividend yield is -%
• Vestel Elektroniknayi ve Ticaret Anonim Sirketi's payout ratio for the trailing twelve months (TTM) is 4.35%

Vestel Elektroniknayi ve Ticaret Anonim Sirketi Dividend History

Ex-Div dateDividend amountDividend typePay date
2021-11-30₺2.35quarterly2021-12-02
2021-09-30₺2.35quarterly2021-10-04
2021-07-30₺2.35quarterly2021-08-03

Vestel Elektroniknayi ve Ticaret Anonim Sirketi Dividend per year

Vestel Elektroniknayi ve Ticaret Anonim Sirketi Dividend Yield

Vestel Elektroniknayi ve Ticaret Anonim Sirketi current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Vestel Elektroniknayi ve Ticaret Anonim Sirketi stock? Use our calculator to estimate your expected dividend yield:

Vestel Elektroniknayi ve Ticaret Anonim Sirketi Financial Ratios

P/E ratio19.28
PEG ratio0.19
P/B ratio0.42
ROE2.84%
Payout ratio4.35%
Current ratio0.72
Quick ratio0.33
Cash Ratio0.04

Vestel Elektroniknayi ve Ticaret Anonim Sirketi Dividend FAQ

Does Vestel Elektroniknayi ve Ticaret Anonim Sirketi stock pay dividends?
Vestel Elektroniknayi ve Ticaret Anonim Sirketi does not currently pay dividends to its shareholders.
Has Vestel Elektroniknayi ve Ticaret Anonim Sirketi ever paid a dividend?
No, Vestel Elektroniknayi ve Ticaret Anonim Sirketi has no a history of paying dividends to its shareholders. Vestel Elektroniknayi ve Ticaret Anonim Sirketi is not known for its dividend payments.
Why doesn't Vestel Elektroniknayi ve Ticaret Anonim Sirketi pay dividends?
There are several potential reasons why Vestel Elektroniknayi ve Ticaret Anonim Sirketi 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 Vestel Elektroniknayi ve Ticaret Anonim Sirketi 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 Vestel Elektroniknayi ve Ticaret Anonim Sirketi 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 Vestel Elektroniknayi ve Ticaret Anonim Sirketi a dividend aristocrat?
Vestel Elektroniknayi ve Ticaret Anonim Sirketi 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 Vestel Elektroniknayi ve Ticaret Anonim Sirketi a dividend king?
Vestel Elektroniknayi ve Ticaret Anonim Sirketi 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 Vestel Elektroniknayi ve Ticaret Anonim Sirketi a dividend stock?
No, Vestel Elektroniknayi ve Ticaret Anonim Sirketi 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 Vestel Elektroniknayi ve Ticaret Anonim Sirketi stocks?
To buy Vestel Elektroniknayi ve Ticaret Anonim Sirketi 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 Vestel Elektroniknayi ve Ticaret Anonim Sirketi 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.