Cannae Holdings, Inc. is a principal investment firm. The firm primarily invests in restaurants, technology enabled healthcare services, financial services and more. It takes both minority and majority stakes. Cannae Holdings, Inc. is based in Las Vegas, Nevada.
Cannae Dividend Announcement
• Cannae announced a semi annually dividend of $0.12 per ordinary share which will be made payable on 2024-09-30. Ex dividend date: 2024-09-16
• Cannae annual dividend for 2024 was $0.24
• Cannae's trailing twelve-month (TTM) dividend yield is 1.81%
• Cannae's payout ratio for the trailing twelve months (TTM) is -1.63%
Cannae Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-16 | $0.12 | semi annually | 2024-09-30 |
| 2024-06-14 | $0.12 | semi annually | 2024-06-28 |
Cannae Dividend per year
Cannae Dividend Yield
Cannae current trailing twelve-month (TTM) dividend yield is 1.81%. Interested in purchasing Cannae stock? Use our calculator to estimate your expected dividend yield:
Cannae Financial Ratios
P/E ratio-2.69
PEG ratio0.46
P/B ratio0.65
ROE-20.71%
Payout ratio-1.63%
Current ratio1.01
Quick ratio1.01
Cash Ratio0.46
Cannae Dividend FAQ
Does Cannae stock pay dividends?
Cannae does not currently pay dividends to its shareholders.
Has Cannae ever paid a dividend?
No, Cannae has no a history of paying dividends to its shareholders. Cannae is not known for its dividend payments.
Why doesn't Cannae pay dividends?
There are several potential reasons why Cannae 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 Cannae 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 Cannae 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 Cannae a dividend aristocrat?
Cannae 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 Cannae a dividend king?
Cannae 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 Cannae a dividend stock?
No, Cannae 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 Cannae stocks?
To buy Cannae 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 Cannae 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 Cannae 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.