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DGL Group Limited provides specialty chemical formulation and manufacturing, warehousing and distribution, and waste management and recycling solutions in Australia and New Zealand. The company operates through three segments: Chemical Manufacturing, Warehousing and Distribution, and Environmental Solutions. The Chemical Manufacturing segment produces a range of specialty chemicals; and undertakes advanced formulation and contract manufacturing on behalf of third parties. This segment also offers water treatment chemicals under the Hardman brand name. The Warehousing and Distribution segment provides freight forwarding, inventory management, transport, logistics, and warehousing services focusing on dangerous and hazardous goods across Australia and New Zealand. It also manages logistics and distribution of other goods, including food, pharmaceutical products, agricultural products, security sensitive goods, and temperature-controlled products. The Environmental Solutions segment undertakes resource recovery and waste management activities. This segment is also involved in the liquid waste treatment, used lead acid battery recycling, and lead smelting and refining activities. The company serves a range of sectors, including agriculture, water treatment, mining, construction, automotive, food, pharmaceutical, lead smelters, plastic recyclers, utilities, galvanizers, manufacturing, home and garden, and chemical companies. The company was formerly known as DGL Environmental Pty Ltd and changed its name to DGL Group Limited in April 2021. DGL Group Limited was incorporated in 1984 and is based in Melbourne, Australia.

DGL Dividend Announcement

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

DGL Dividend History

DGL Dividend Yield

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

DGL Financial Ratios

P/E ratio9.70
PEG ratio0.09
P/B ratio0.49
ROE5.07%
Payout ratio0.00%
Current ratio1.89
Quick ratio1.41
Cash Ratio0.24

DGL Dividend FAQ

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