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Cordel Group Plc provides data integration and analytic services for the transportation, infrastructure, and banking sectors in Australia, the United Kingdom, the United States, Asia, Europe, the Middle East, and Africa. It offers a patented cloud-based platform for master data management and business analytics together with specialist hardware and software for capturing, analyzing, and reporting on datasets within the transport sector employing artificial intelligence algorithms. The company provides Corridor, an automated software and hardware solution that enables rail, road, and energy networks to automate inspections, predict failures, and transform corridor insights; Nextcore, a drone-based light detection and ranging for the assessment and survey of power lines, steep terrain, vegetated areas, and limited access environments; and Airsight, which offers aerial surveying and information services, including inspection, mapping, and aerial video and photography to various industries using drones. It also offers Maestrano Presen!, which presents data through dashboards, graphs, charts, animated gifs, and others; Maestrano Impac! that comprises predication services creating business insights, including classification, categorization, pattern detection, recognition, future trends modelling and projections, and KPI monitoring and management; Maestrano Reconcile!, which cleans and analyses volumes of data in real-time; Maestrano Connec! that ingests data from various disparate sources for use in new digital services; Maestrano Nex!, a platform as a service deployment; and Maestrano Hub!, a orchestration platform. The company was formerly known as Maestrano Group plc and changed its name to Cordel Group Plc in November 2021. The company was founded in 2013 and is based in Mayfield West, Australia.

Cordel Dividend Announcement

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

Cordel Dividend History

Cordel Dividend Yield

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

Cordel Financial Ratios

P/E ratio-31.25
PEG ratio-235.85
P/B ratio4.64
ROE-13.79%
Payout ratio0.00%
Current ratio2.28
Quick ratio2.15
Cash Ratio0.93

Cordel Dividend FAQ

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