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Equals Group plc, through its subsidiaries, provides foreign exchange payment services and banking services to private clients and corporations through prepaid currency cards, travel cash, international money transfers, and current accounts in the United Kingdom. It operates Equals Money, a platform which combines account-to-account payments, card payments, and current accounts; Equals Pay, a customer-facing international payments product; Equals Exchange, an internal dealing platform; CardOneMoney, a payment account from individuals and businesses; and FairFX. The company was formerly known as FairFX Group Plc and changed its name to Equals Group plc in June 2019. Equals Group plc was incorporated in 2014 and is based in London, the United Kingdom.

Equals Dividend Announcement

• Equals announced a semi annually dividend of £1.00 per ordinary share which will be made payable on 2024-10-25. Ex dividend date: 2024-09-26
• Equals annual dividend for 2024 was £2.00
• Equals annual dividend for 2023 was £0.50
• Equals's trailing twelve-month (TTM) dividend yield is 1.73%
• Equals's payout ratio for the trailing twelve months (TTM) is 34.44%

Equals Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-26£1.00semi annually2024-10-25
2024-06-06£1.00semi annually2024-06-28
2023-11-16£0.50semi annually2023-12-07

Equals Dividend per year

Equals Dividend Yield

Equals current trailing twelve-month (TTM) dividend yield is 1.73%. Interested in purchasing Equals stock? Use our calculator to estimate your expected dividend yield:

Equals Financial Ratios

P/E ratio26.60
PEG ratio26.60
P/B ratio3.49
ROE13.60%
Payout ratio34.44%
Current ratio1.57
Quick ratio1.55
Cash Ratio0.78

Equals Dividend FAQ

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