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Calgro M3 Holdings Limited, together with its subsidiary, develops integrated residential properties in South Africa. It operates in two segments, Residential Property Development and Memorial Parks. The Residential Property Development segment develops mid to high income and integrated housings. The Memorial Parks segment develops and manages memorial parks, as well as provides burial rights and the associated burial and maintenance services. The company also invests in real estate properties. Calgro M3 Holdings Limited was founded in 1995 and is headquartered in Bryanston, South Africa.

Calgro M3 Dividend Announcement

• Calgro M3 announced a annually dividend of R9.49 per ordinary share which will be made payable on 2024-06-03. Ex dividend date: 2024-05-28
• Calgro M3 annual dividend for 2024 was R9.49
• Calgro M3's trailing twelve-month (TTM) dividend yield is 1.38%
• Calgro M3's payout ratio for the trailing twelve months (TTM) is 3.69%

Calgro M3 Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-28R9.49annually2024-06-03

Calgro M3 Dividend per year

Calgro M3 Dividend Yield

Calgro M3 current trailing twelve-month (TTM) dividend yield is 1.38%. Interested in purchasing Calgro M3 stock? Use our calculator to estimate your expected dividend yield:

Calgro M3 Financial Ratios

P/E ratio2.25
PEG ratio-15.62
P/B ratio0.48
ROE22.96%
Payout ratio3.69%
Current ratio2.03
Quick ratio1.64
Cash Ratio0.13

Calgro M3 Dividend FAQ

Does Calgro M3 stock pay dividends?
Calgro M3 does not currently pay dividends to its shareholders.
Has Calgro M3 ever paid a dividend?
No, Calgro M3 has no a history of paying dividends to its shareholders. Calgro M3 is not known for its dividend payments.
Why doesn't Calgro M3 pay dividends?
There are several potential reasons why Calgro M3 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 Calgro M3 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 Calgro M3 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 Calgro M3 a dividend aristocrat?
Calgro M3 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 Calgro M3 a dividend king?
Calgro M3 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 Calgro M3 a dividend stock?
No, Calgro M3 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 Calgro M3 stocks?
To buy Calgro M3 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 Calgro M3 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.