Table of Contents

company-logo

Vestum AB (publ) engages in the clothes manufacturing and sale, construction, and infrastructure businesses in Sweden. The company designs, markets, and sells clothes and accessories, including urban functional garments in the premium streetwear segment under the WeSC brand for women and men in Sweden and internationally. It also provides demolition, remediation, and drilling services with a focus on construction-related, insurance, and real estate companies; contractor services for the assembly and installation of automation and passage systems for companies, municipalities, and private individuals; construction services primarily in the areas of railway environment and public transport projects; and aluminum and glass solutions to the housing and construction markets for customers in the segments of retailers, small house manufacturers, glaziers, construction companies, and private. In addition, the company engages in renting and selling containers and road products for construction-related operations, which include refrigerated, storage, construction, and office containers, as well as drive plates; the ground, assembly, and construction works related to infrastructure, such as roads, railways, pipelines, and communications; the supply of electrical installations and designs; and the provision of works related to power and lighting in private and public environments. It offers its clothes and accessories through e-commerce and resellers. The company was formerly known as WeSC AB (publ) and changed its name to Vestum AB (publ) in June 2021. Vestum AB (publ) was incorporated in 1999 and is based in Stockholm, Sweden.

Vestum Dividend Announcement

• Vestum does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Vestum dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Vestum Dividend History

Vestum Dividend Yield

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

Vestum Financial Ratios

P/E ratio-23.77
PEG ratio0.23
P/B ratio1.11
ROE-4.67%
Payout ratio0.00%
Current ratio1.32
Quick ratio1.06
Cash Ratio0.12

Vestum Dividend FAQ

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