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Driven Brands Holdings Inc., together with its subsidiaries, provides automotive services to retail and commercial customers in the United States, Canada, and internationally. The company offers various services, such as paint, collision, glass, vehicle repair, car wash, oil change, and maintenance services. It also distributes automotive parts, including radiators, air conditioning components, and exhaust products to automotive repair shops, auto parts stores, body shops, and other auto repair outlets; windshields and glass accessories through a network of distribution centers; and consumable products, such as oil filters and wiper blades, as well as provides training services to repair and maintenance, and paint and collision shops. The company sells its products and services under the Take 5 Oil Change, IMO, CARSTAR, ABRA, Fix Auto, Maaco, Meineke, Uniban, 1-800-Radiator & A/C, PH Vitres D'Autos, Spire Supply, and Automotive Training Institute names. As of December 25, 2021, it operated 4,412 company-operated, franchised, and independently-operated stores. Driven Brands Holdings Inc. was founded in 1972 and is headquartered in Charlotte, North Carolina.

Driven Brands Dividend Announcement

• Driven Brands announced a annually dividend of $0.23 per ordinary share which will be made payable on 2016-04-07. Ex dividend date: 2016-03-31
• Driven Brands's trailing twelve-month (TTM) dividend yield is -%
• Driven Brands's payout ratio for the trailing twelve months (TTM) is 74.27%

Driven Brands Dividend History

Ex-Div dateDividend amountDividend typePay date
2016-03-31$0.23annually2016-04-07
2015-12-31$0.08annually2016-01-08
2015-09-30$0.10annually2015-10-07

Driven Brands Dividend per year

Driven Brands Dividend Yield

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

Driven Brands Financial Ratios

P/E ratio430.59
PEG ratio1.40
P/B ratio2.83
ROE0.68%
Payout ratio74.27%
Current ratio1.90
Quick ratio1.72
Cash Ratio0.52

Driven Brands Dividend FAQ

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