Carefree Group, Inc. owns assets in travel, aviation, automotive, yachting, entertainment, and real estate industries. The company was formerly known as Synesi, Inc. and the name was changed in 2007. Carefree Group, Inc. was founded in 2003 and is based in Miami Beach, Florida.
Carefree Dividend Announcement
• Carefree does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Carefree dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
Carefree Dividend History
Carefree Dividend Yield
Carefree current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Carefree stock? Use our calculator to estimate your expected dividend yield:
Carefree Financial Ratios
P/E ratio-2.25
PEG ratio-0.02
P/B ratio-20.77
ROE922.85%
Payout ratio0.00%
Current ratio0.26
Quick ratio0.19
Cash Ratio0.19
Carefree Dividend FAQ
Does Carefree stock pay dividends?
Carefree does not currently pay dividends to its shareholders.
Has Carefree ever paid a dividend?
No, Carefree has no a history of paying dividends to its shareholders. Carefree is not known for its dividend payments.
Why doesn't Carefree pay dividends?
There are several potential reasons why Carefree 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 Carefree 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 Carefree 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 Carefree a dividend aristocrat?
Carefree 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 Carefree a dividend king?
Carefree 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 Carefree a dividend stock?
No, Carefree 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 Carefree stocks?
To buy Carefree 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 Carefree 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 Carefree 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.