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The Westaim Corporation is a private equity firm specializing in direct and indirect investments through acquisitions, joint ventures, secondary investments both direct and indirect, fund of fund investments, and other arrangements. For direct investments, the firm invests in early venture, mid venture, late venture, middle market, later stage, mature, emerging growth, PIPEs, and buyout transactions. For fund of fund investments, it seeks to invest in private equity funds, venture capital funds, and hedge funds. The firm seeks to provide long term capital to businesses operating in the global financial services industry. It typically acquires controlling interests in businesses. The firm seeks to acquire debt, equity, or derivative securities of both public and private companies. It invests with the objective of providing its shareholders with capital appreciation and real wealth preservation. The firm seeks to provide its portfolio companies with advisory services including, but not limited to, advice on capital allocation, financing strategy, performance measurement and merger and acquisition support. It also seeks to partner with like-minded providers of third party capital to help supplement the firm's own capital, when completing acquisitions. The firm generally seeks to hold its investments for seven to 15 years. The Westaim Corporation was founded in 1996 and is based in Toronto, Canada.

Westaim Dividend Announcement

• Westaim announced a annually dividend of $0.09 per ordinary share which will be made payable on 2020-07-15. Ex dividend date: 2020-06-29
• Westaim's trailing twelve-month (TTM) dividend yield is -%

Westaim Dividend History

Ex-Div dateDividend amountDividend typePay date
2020-06-29$0.09annually2020-07-15
2012-10-01$0.75annually

Westaim Dividend per year

Westaim Dividend Yield

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

Westaim Financial Ratios

P/E ratio5.11
PEG ratio-1.82
P/B ratio0.65
ROE12.56%
Payout ratio0.00%
Current ratio-0.00
Quick ratio-0.00
Cash Ratio18.83

Westaim Dividend FAQ

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