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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 dateDividend amountDividend typePay date
2005-08-24A$0.01annually2005-09-10

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

P/E ratio-9.37
PEG ratio-0.82
P/B ratio1.21
ROE-14.86%
Payout ratio0.00%
Current ratio49.77
Quick ratio49.77
Cash Ratio5.36

DigitalX Dividend FAQ

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