Table of Contents

company-logo

Beacon Roofing Supply, Inc., together with its subsidiaries, distributes residential and non-residential roofing materials, and complementary building products to contractors, home builders, building owners, lumberyards, and retailers. It offers pitched roofing and low slope roof products; gutters and sidings; building materials, such as lumber and composite, skylights and window, plywood and OSB, decking and railing, and HVAC products; and foam board, spray foam, roll, batt, mineral wool, fiberglass, and commercial insulation products, as well as radiant barriers and blown-in insulation and equipment. The company also provides above grade and below grade membranes and coatings, deck and floor coatings, plaza deck waterproofing products, damp proofing coatings, and air and vapor barriers; tools and equipment, including power and hand tools, ladders and scaffolding, air tools and compressors, nails, screws and fasteners, generators, work wear and safety gear, job site supplies, tool bags and belts, welding and soldering, cleaning supplies, drill bits, and saw blades; and solar panels, mounting hardware, inverters, and storage and batteries. As of September 30, 2021, it operated approximately 446 branches in 50 states of the United States and 6 provinces in Canada. Beacon Roofing Supply, Inc. was founded in 1928 and is headquartered in Herndon, Virginia.

Beacon Roofing Supply Dividend Announcement

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

Beacon Roofing Supply Dividend History

Beacon Roofing Supply Dividend Yield

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

Beacon Roofing Supply Financial Ratios

P/E ratio-155.03
PEG ratio-10.57
P/B ratio3.23
ROE-1.96%
Payout ratio-33.68%
Current ratio1.87
Quick ratio1.02
Cash Ratio0.07

Beacon Roofing Supply Dividend FAQ

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