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Comms Group Limited provides telecommunications and Information Technology (IT) services in Australia, New Zealand, Singapore, and internationally. It offers IT managed, cloud hosting, cloud communications, and unified communications services. The company was formerly known as CommsChoice Group Limited and changed its name to Comms Group Limited in November 2020. Comms Group Limited was incorporated in 2017 and is based in Sydney, Australia.

Comms Dividend Announcement

Comms announced a annually dividend of A$0.00 per ordinary share which will be made payable on 2024-10-16. Ex dividend date: 2024-09-27
Comms annual dividend for 2024 was A$0.00
Comms's trailing twelve-month (TTM) dividend yield is 3.25%

Comms Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-27A$0.00annually2024-10-16

Comms Dividend per year

Comms Dividend Yield

Comms current trailing twelve-month (TTM) dividend yield is 3.25%. Interested in purchasing Comms stock? Use our calculator to estimate your expected dividend yield:

Comms Financial Ratios

P/E ratio-76.88
PEG ratio46.90
P/B ratio0.25
ROE-0.33%
Payout ratio0.00%
Current ratio0.68
Quick ratio0.67
Cash Ratio0.21

Comms Dividend FAQ

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