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Brownie's Marine Group, Inc., together with its subsidiaries, designs, tests, manufactures, and distributes recreational hookah diving, yacht-based scuba air compressor and nitrox generation systems, and scuba and water safety products in the United States and internationally. It operates through four segments: Legacy SSA Products, High Pressure Gas Systems, Ultra Portable Tankless Dive Systems, and Redundant Air Tank Systems. The company also manufactures and sells high pressure air and industrial gas compressor packages. In addition, it offers battery operated and portable electric surface supply air diving systems and electric shallow dive systems. Further, the company offers tankless dive systems, boat integrated air systems, and kayak diving hose kits, as well as fast float rescue harness products, and hose systems. Further, it manufactures and distributes high pressure tanks, and redundant and rescue air systems for the military and recreational diving industries. The company sells its products on wholesale basis to retail dive stores, marine stores, boat dealers, and builders; and retails its products to boat owners, recreational and commercial divers, and pilots, as well as through the Internet. Brownie's Marine Group, Inc. was founded in 1981 and is headquartered in Pompano Beach, Florida.

Brownie's Marine Dividend Announcement

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

Brownie's Marine Dividend History

Brownie's Marine Dividend Yield

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

Brownie's Marine Financial Ratios

P/E ratio-3.07
PEG ratio0.26
P/B ratio1.40
ROE-49.12%
Payout ratio0.00%
Current ratio1.13
Quick ratio0.52
Cash Ratio0.20

Brownie's Marine Dividend FAQ

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