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 0.42%
Vitesco Technologies Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-25 | $0.04 | annually | 2024-05-06 |
Vitesco Technologies Dividend per year
Vitesco Technologies Dividend Yield
Vitesco Technologies current trailing twelve-month (TTM) dividend yield is 0.42%. Interested in purchasing Vitesco Technologies stock? Use our calculator to estimate your expected dividend yield:
Vitesco Technologies Financial Ratios
Vitesco Technologies 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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