DigitalX Limited provides blockchain product development and digital asset funds management services in Australia. It operates through Product Development and Asset Management segments. The Blockchain Consulting segment offers consulting, technical due diligence, and design and development solutions to businesses. This segment also develops blockchain, RegTech, and FinTech products. The Asset Management segment operates digital assets portfolio under the DigitalX Fund and DigitalX BTC Fund for high net worth and institutional investors. Its products include Drawbridge, a regtech solution that supports listed companies to manage their compliance and corporate governance policies; and Sell My Shares, an online share sales solution. The company was formerly known as Digital CC Limited and changed its name to DigitalX Limited in December 2015. DigitalX Limited was incorporated in 1988 and is headquartered in West Perth, Australia.
DigitalX Dividend Announcement
• DigitalX announced a annually dividend of A$0.01 per ordinary share which will be made payable on 2005-09-10. Ex dividend date: 2005-08-24
• DigitalX's trailing twelve-month (TTM) dividend yield is -%
DigitalX Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2005-08-24 | A$0.01 | annually | 2005-09-10 |
DigitalX Dividend per year
DigitalX Dividend Yield
DigitalX current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing DigitalX stock? Use our calculator to estimate your expected dividend yield:
DigitalX Financial Ratios
DigitalX Dividend FAQ
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.
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