Basic-Fit N.V. operates fitness clubs. As of March 9, 2022, it operated 223 clubs in the Netherlands, 207 clubs in Belgium, 10 clubs in Luxembourg, 578 clubs in France, and 63 clubs in Spain. The company was founded in 1984 and is headquartered in Hoofddorp, the Netherlands.
Basic-Fit Dividend Announcement
• Basic-Fit does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Basic-Fit dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
Basic-Fit Dividend History
Basic-Fit Dividend Yield
Basic-Fit current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Basic-Fit stock? Use our calculator to estimate your expected dividend yield:
Basic-Fit Financial Ratios
P/E ratio165.01
PEG ratio33.00
P/B ratio3.78
ROE2.37%
Payout ratio0.00%
Current ratio0.27
Quick ratio0.22
Cash Ratio0.07
Basic-Fit Dividend FAQ
Does Basic-Fit stock pay dividends?
Basic-Fit does not currently pay dividends to its shareholders.
Has Basic-Fit ever paid a dividend?
No, Basic-Fit has no a history of paying dividends to its shareholders. Basic-Fit is not known for its dividend payments.
Why doesn't Basic-Fit pay dividends?
There are several potential reasons why Basic-Fit 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.
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 Basic-Fit 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 Basic-Fit 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 Basic-Fit a dividend aristocrat?
Basic-Fit 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 Basic-Fit a dividend king?
Basic-Fit 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 Basic-Fit a dividend stock?
No, Basic-Fit 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 Basic-Fit stocks?
To buy Basic-Fit 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 Basic-Fit 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.
Place an order: Use the brokerage's trading platform to place an order to buy Basic-Fit 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.