Is the Wolverine World Wide Dividend Safe?
Wolverine World Wide has been increasing the dividend for 1 years.
Over the past 10 years, Wolverine World Wide has increased it by an annual 2.919 %.
Over a five-year period, the distribution increased by 4.564%.
Analysts expect a Dividend Cut of -10.117% for the current fiscal year.
Wolverine World Wide Aktienanalyse
What does Wolverine World Wide do?
Wolverine World Wide Inc is a global company based in Michigan, USA, specializing in the design, manufacture, and distribution of shoes, clothing, and accessories. The company's history dates back to 1883 when G.A. Krause founded a shoe factory that later became known as Wolverine Shoe and Tanning Corporation.
Over the years, Wolverine World Wide expanded its business and portfolio by acquiring a variety of brands and companies, including Hush Puppies, Merrell, CAT Footwear, Keds, Saucony, Stride-Rite, and Sperry. Each brand has its own identity and specializes in specific products and target audiences.
Wolverine World Wide's business model is based on producing and distributing high-quality shoes, clothing, and accessories that meet the needs of consumers in different parts of the world. The company is divided into three main business segments: Heritage Group, Performance Group, and Lifestyle Group.
The Heritage Group includes the original brands acquired by the company through mergers. These brands, such as Wolverine, Bates, and Harley-Davidson, are known for their durable and rugged work shoes and boots.
The Performance Group specializes in outdoor and athletic clothing. Well-known brands include Merrell, Saucony, and Chaco. These brands offer products for activities such as hiking, trail running, and climbing.
The Lifestyle Group focuses on the everyday lifestyle market, offering comfortable shoes. Brands such as Sperry, Hush Puppies, and Keds are well-known and popular names in this segment.
Overall, Wolverine World Wide offers a wide range of products for various target audiences, from workers to outdoor enthusiasts and fashion-conscious consumers.
The company is also dedicated to environmental protection and sustainability, actively advocating for the implementation of environmentally friendly practices in its factories and supply chains. It is a member of the Better Cotton Initiative and the Leather Working Group, which promote sustainable practices in the cotton and leather industries.
Throughout its history, Wolverine World Wide has received multiple awards and recognition for its products and practices, including the Green Step Award for its commitment to sustainability and the Export Achievement Award for its international business activities.
Overall, Wolverine World Wide is a global company with a wide range of products, brands, and business segments. It is committed to environmental protection and sustainability, striving to produce high-quality products and meet the needs of consumers worldwide. Wolverine World Wide is one of the most popular companies on Eulerpool.com.Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.