Vestis (VSTS) Declares Quarterly Dividend

By Tamara Parker • Monday, August 19 15:14 • Permanent Link

Vestis (NYSE: VSTS) has just announced a quarterly cash dividend of $0.035 per share of common stock. This dividend is payable to shareholders of record as of September 13, 2024, and is expected to be paid on October 3, 2024. This represents a change from the previous dividend, although the specific details of the previous dividend were not provided in the press release.

In addition to this dividend announcement, Vestis also shared that it is a leader in the B2B uniform and workplace supplies category. The company provides a range of services to a broad spectrum of North American customers, catering to Fortune 500 companies as well as locally owned small businesses across various sectors.

While the press release did not include specific financial metrics or comparative data from the previous period, the announcement of the dividend and the company's position in the market provide insights into Vestis's financial performance and strategic positioning. The market has reacted to these announcements by moving the company's shares 1.7% to a price of $13.31. Check out the company's full 8-K submission here.

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