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Branded Legacy Inc engages in the commercial development of hemp and cannabinoid-infused beverages in Central Florida. It provides CBD topicals and tinctures, and hemp coffees and teas. The company was formerly known as Elev8 Brands, Inc. and changed its name to Branded Legacy Inc in May 2020. Branded Legacy Inc is headquartered in Longwood, Florida.

Branded Legacy Dividend Announcement

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

Branded Legacy Dividend History

Branded Legacy Dividend Yield

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

Branded Legacy Financial Ratios

P/E ratio-2.59
PEG ratio-0.03
P/B ratio0.52
ROE-213.77%
Payout ratio0.00%
Current ratio262.79
Quick ratio231.23
Cash Ratio12.41

Branded Legacy Dividend FAQ

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