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Aussie Broadband Limited provides telecommunications services to residential and businesses in Australia. It operates in four segments: Residential, Business, Wholesale, and Over the Wire. The company offers national broadband network services, cloud, and security services. It also provides a range of other telecommunications services, including VoIP, mobile plans and headsets, and entertainment bundles to residential, small business, and large business/enterprise customers. As of June 30, 2022, it served approximately 462,369 customers. The company was incorporated in 2008 and is based in Morwell, Victoria.

Aussie Broadband Dividend Announcement

• Aussie Broadband announced a annually dividend of A$0.04 per ordinary share which will be made payable on 2024-09-30. Ex dividend date: 2024-09-06
• Aussie Broadband annual dividend for 2024 was A$0.04
• Aussie Broadband's trailing twelve-month (TTM) dividend yield is 1.06%

Aussie Broadband Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-06A$0.04annually2024-09-30

Aussie Broadband Dividend per year

Aussie Broadband Dividend Yield

Aussie Broadband current trailing twelve-month (TTM) dividend yield is 1.06%. Interested in purchasing Aussie Broadband stock? Use our calculator to estimate your expected dividend yield:

Aussie Broadband Financial Ratios

P/E ratio24.16
PEG ratio0.24
P/B ratio1.88
ROE10.21%
Payout ratio0.00%
Current ratio1.29
Quick ratio1.27
Cash Ratio0.80

Aussie Broadband Dividend FAQ

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