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Algreen, together with its subsidiaries, operates in agri-food industry in Europe. It is also involved in the production of smoked salmon, caviar, and salmon roe; and marketing distribution of a functional sparkling drink based on CBD to supermarkets, cafes, hotels, restaurants, and in and out-of-home catering outlets. The company was formerly known as Les Toques Blanches du Monde Société Anonyme and changed its name to Algreen in July 2022. Algreen was incorporated in 2011 and is based in Lyon, France.

Algreen Dividend Announcement

• Algreen does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Algreen dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Algreen Dividend History

Algreen Dividend Yield

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

Algreen Financial Ratios

P/E ratio-0.00
PEG ratio-0.00
P/B ratio-0.11
ROE-1600.79%
Payout ratio0.00%
Current ratio1.80
Quick ratio1.31
Cash Ratio0.22

Algreen Dividend FAQ

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