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Elys Game Technology, Corp. provides online and land-based gaming services in Europe and North America. It offers lottery, online casino games, sports betting, poker, bingo, virtual sports betting, and horse racing, as well as skilled and interactive games and slots; virtual sports products; and operates betting platform software services for leisure betting establishments. The company provides its products through physical, land-based retail locations; website, newgioco.it or commercial webskins linked to its website; and mobile devices under the Newgioco brand name, as well as under the trade names of NewAleabet, OriginalBet, LovingBet, and Elys. It serves approximately 100,000 online user accounts through ,300 web-shops, 8 corners, and 1 land based shop. The company was formerly known as Newgioco Group, Inc. and changed its name to Elys Game Technology, Corp. in November 2020. Elys Game Technology, Corp. was incorporated in 1998 and is based in Toronto, Canada.

Elys Game Technology Dividend Announcement

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

Elys Game Technology Dividend History

Elys Game Technology Dividend Yield

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

Elys Game Technology Financial Ratios

P/E ratio-0.00
PEG ratio-0.00
P/B ratio0.00
ROE-155.92%
Payout ratio0.00%
Current ratio0.61
Quick ratio0.42
Cash Ratio0.19

Elys Game Technology Dividend FAQ

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