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Envela Corporation, together with its subsidiaries, primarily buys and sells jewelry and bullion products to individual consumers, dealers, Fortune 500 companies, municipalities, school districts, and other organizations in the United States. It offers jewelry and fine-watch products, including bridal jewelry, fashion jewelry, custom-made jewelry, diamonds, and other gemstones, as well as watches and jewelry components. The company also buys and sells various forms of gold, silver, platinum, and palladium products, including United States and other government coins, private mint medallions, art bars, and trade unit bars; and numismatic items, such as rare coins, currency, medals, tokens, and other collectibles, as well as provides jewelry and watches repair services. In addition, it offers end-of-life electronics recycling services; disposal transportation and product tracking services; IT-asset disposition services, including compliance and data sanitization services; and services to companies in the areas of software upgrades, and hardware or networking capabilities, as well as moving to cloud services. As of December 31, 2021, Envela Corporation marketed its products and services through six retail locations under the Dallas Gold & Silver Exchange name; and one retail location under the Charleston Gold & Diamond Exchange name, as well as through cgdeinc.com, dgse.com, echoenvironmental.com, ITADUSA.com, availrecovery.com, and teladvance.com e-commerce sites. The company was formerly known as DGSE Companies, Inc. and changed its name to Envela Corporation in December 2019. Envela Corporation was incorporated in 1965 and is headquartered in Irving, Texas.

Envela Dividend Announcement

• Envela announced a quarterly dividend of $0.37 per ordinary share which will be made payable on . Ex dividend date: 2016-09-12
• Envela's trailing twelve-month (TTM) dividend yield is -%

Envela Dividend History

Ex-Div dateDividend amountDividend typePay date
2016-09-12$0.37quarterly
2016-06-10$0.37quarterly
2016-03-10$0.37quarterly
2015-12-10$0.37quarterly
2015-09-10$0.37quarterly
2015-06-10$0.37quarterly
2015-03-11$0.37quarterly
2014-12-10$0.37quarterly
2014-09-10$0.37quarterly
2014-06-11$0.37quarterly
2014-03-12$0.37quarterly
2013-12-11$0.37quarterly
2013-09-11$0.37quarterly
2013-06-12$0.37quarterly
2013-03-12$0.37quarterly
2012-12-12$0.37quarterly
2012-09-12$0.37quarterly
2012-06-12$0.37quarterly
2012-03-12$0.37quarterly
2011-12-12$0.37quarterly
2011-09-12$0.37quarterly
2011-06-10$0.37quarterly
2011-03-10$0.46quarterly

Envela Dividend per year

Envela Dividend growth

Envela Dividend Yield

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

Envela Financial Ratios

P/E ratio28.21
PEG ratio0.28
P/B ratio3.57
ROE13.01%
Payout ratio0.00%
Current ratio4.76
Quick ratio2.08
Cash Ratio1.64

Envela Dividend FAQ

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