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Convergenze S.p.A. Società Benefit provides Internet services, voice, energy, and natural gas services. The company offers fiber optic network and WiFi; fixed telephony services; and value-added services such as cloud services, datacenter, and virtualization services. It also provides electricity supply service for the households and business customers; charging points for electric cars; and natural gas supply services. Convergenze S.p.A. Società Benefit was founded in 2005 and is headquartered in Salerno, Italy.

Convergenze Società Benefit Dividend Announcement

Convergenze Società Benefit announced a annually dividend of €0.02 per ordinary share which will be made payable on 2024-05-29. Ex dividend date: 2024-05-27
Convergenze Società Benefit annual dividend for 2024 was €0.02
Convergenze Società Benefit's trailing twelve-month (TTM) dividend yield is 1.07%

Convergenze Società Benefit Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-27€0.02annually2024-05-29

Convergenze Società Benefit Dividend per year

Convergenze Società Benefit Dividend Yield

Convergenze Società Benefit current trailing twelve-month (TTM) dividend yield is 1.07%. Interested in purchasing Convergenze Società Benefit stock? Use our calculator to estimate your expected dividend yield:

Convergenze Società Benefit Financial Ratios

P/E ratio12.97
PEG ratio0.13
P/B ratio2.32
ROE18.37%
Payout ratio0.00%
Current ratio0.79
Quick ratio0.76
Cash Ratio0.10

Convergenze Società Benefit Dividend FAQ

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