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DXP Enterprises, Inc., together with its subsidiaries, engages in distributing maintenance, repair, and operating (MRO) products, equipment, and services to the energy and industrial customers primarily in the United States and Canada. It operates through three segments: Service Centers (SC), Supply Chain Services (SCS), and Innovative Pumping Solutions (IPS). The SC segment offers MRO products, equipment, and integrated services, including technical expertise and logistics services. It offers a range of MRO products in the rotating equipment, bearing, power transmission, hose, fluid power, metal working, fastener, industrial supply, safety products, and safety services categories. This segment serves customers in the oil and gas, food and beverage, petrochemical, transportation, other general industrial, mining, construction, chemical, municipal, agriculture, and pulp and paper industries. The SCS segment manages procurement and inventory management solutions; and offers outsourced MRO solutions for sourcing MRO products, including inventory optimization and management, store room management, transaction consolidation and control, vendor oversight and procurement cost optimization, productivity improvement, and customized reporting services. Its programs include SmartAgreement, a procurement solution for various MRO categories; SmartBuy, an on-site or centralized MRO procurement solution; SmartSource, an on-site procurement and storeroom management solution; SmartStore, an e-Catalog solution; SmartVend, an industrial dispensing solution; and SmartServ, an integrated service pump solution. The IPS segment fabricates and assembles custom-made pump packages, remanufactures pumps, and manufactures branded private label pumps. The company was founded in 1908 and is based in Houston, Texas.

DXP Enterprises Dividend Announcement

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

DXP Enterprises Dividend History

DXP Enterprises Dividend Yield

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

DXP Enterprises Financial Ratios

P/E ratio17.63
PEG ratio-0.10
P/B ratio2.85
ROE16.88%
Payout ratio0.14%
Current ratio2.24
Quick ratio1.80
Cash Ratio0.14

DXP Enterprises Dividend FAQ

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

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