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The Container Store Group, Inc. operates as a retailer of storage and organization products and solutions in the United States. The company operates in two segments, The Container Store and Elfa. It provides approximately 11,000 products designed to help customers. Its merchandise category includes custom closets, such as elfa Classic, elfa Decor, Laren, and Avera branded products, as well as closet lifestyle department and wood-based products; wood-based custom home storage and organization solutions; and customized solutions for closets, garages, home offices, pantries, laundry rooms, murphy beds, and built-in wall units. In addition, the company designs, manufactures, and sells component-based shelving and drawer systems that are customizable for any area of the home comprising closets, kitchens, offices, and garages, as well as made-to-measure sliding doors in the Nordic region of Europe. As of April 2, 2022, it operated 94 stores with an average size of approximately 25,000 square feet in 33 states and the District of Columbia. The company offers its products directly to customers through its website, responsive mobile site, and call center, as well as sells to various retailers and distributors on wholesale basis. The Container Store Group, Inc. was founded in 1978 and is headquartered in Coppell, Texas.

Container Store Dividend Announcement

• Container Store announced a annually dividend of $0.21 per ordinary share which will be made payable on . Ex dividend date: 2020-03-26
• Container Store's trailing twelve-month (TTM) dividend yield is -%

Container Store Dividend History

Ex-Div dateDividend amountDividend typePay date
2020-03-26$0.21annually

Container Store Dividend per year

Container Store Dividend Yield

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

Container Store Financial Ratios

P/E ratio-0.16
PEG ratio0.00
P/B ratio0.12
ROE-59.50%
Payout ratio0.00%
Current ratio1.29
Quick ratio0.57
Cash Ratio0.31

Container Store Dividend FAQ

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