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Vitesco Technologies Group Aktiengesellschaft engages in the development and production of components and system solutions for drivetrains in hybrid vehicles, electric vehicles, and combustion engines worldwide. It operates through Electrification Technology, Electronic Controls, Sensing & Actuation, and Contract Manufacturing segments. The company offers 48-volt electrification solutions, electric drive systems, and power electronics for hybrid electric and battery- electric vehicles. It also provides electronic controls, sensors, actuators, turbochargers, hydraulic components, and pumps, as well as exhaust-gas solutions. The company was formerly known as Vitesco Technologies EINS Aktiengesellschaft. Vitesco Technologies Group Aktiengesellschaft was incorporated in 2019 and is headquartered in Regensburg, Germany.

Vitesco Technologies Dividend Announcement

• Vitesco Technologies announced a annually dividend of $0.04 per ordinary share which will be made payable on 2024-05-06. Ex dividend date: 2024-04-25
• Vitesco Technologies annual dividend for 2024 was $0.04
• Vitesco Technologies's trailing twelve-month (TTM) dividend yield is 0.43%
• Vitesco Technologies's payout ratio for the trailing twelve months (TTM) is 39.84%

Vitesco Technologies Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-04-25$0.04annually2024-05-06

Vitesco Technologies Dividend per year

Vitesco Technologies Dividend Yield

Vitesco Technologies current trailing twelve-month (TTM) dividend yield is 0.43%. Interested in purchasing Vitesco Technologies stock? Use our calculator to estimate your expected dividend yield:

Vitesco Technologies Financial Ratios

P/E ratio14.96
PEG ratio-0.36
P/B ratio0.13
ROE0.86%
Payout ratio39.84%
Current ratio1.21
Quick ratio0.91
Cash Ratio0.26

Vitesco Technologies Dividend FAQ

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