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Close the Loop Ltd engages in the collection and recycling of imaging consumables, paper and cartons, and other related activities in Australia, Europe, South Africa, and the United States. It also produces and sells TonerPlas; and provides flexible and carton packaging, flexographic print packaging, seafood packaging, and bulk storage solutions. The company was founded in 2001 and is based in Somerton, Australia.

Close the Loop Dividend Announcement

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

Close the Loop Dividend History

Close the Loop Dividend Yield

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

Close the Loop Financial Ratios

P/E ratio5.43
PEG ratio-0.23
P/B ratio0.83
ROE18.74%
Payout ratio0.48%
Current ratio2.19
Quick ratio1.75
Cash Ratio0.89

Close the Loop Dividend FAQ

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