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Esports Entertainment Group, Inc. operates as an iGaming and entertainment company in the United States and internationally. The company operates Vie.bet, an esports focused platform; Sportnation.bet, an online sportsbook and casino; iDefix, a casino-platform; Bethard, an online sportsbook and casino; Vie.gg, an online esports wagering website; and ggCircuit, a local area network center management software for managing mission critical functions, such as game licensing and payments. It also organizes professional and amateur esports events. The company was formerly known as VGambling, Inc. and changed its name to Esports Entertainment Group, Inc. in May 2017. Esports Entertainment Group, Inc. was incorporated in 2008 and is based in St. Julian's, Malta.

Esports Entertainment Dividend Announcement

Esports Entertainment announced a annually dividend of $0.00 per ordinary share which will be made payable on . Ex dividend date: 2023-09-14
Esports Entertainment's trailing twelve-month (TTM) dividend yield is -%
Esports Entertainment's payout ratio for the trailing twelve months (TTM) is -2.06%

Esports Entertainment Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-09-14$0.00annually

Esports Entertainment Dividend per year

Esports Entertainment Dividend Yield

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

Esports Entertainment Financial Ratios

P/E ratio-0.01
PEG ratio0.00
P/B ratio-0.01
ROE3420.69%
Payout ratio-2.06%
Current ratio0.20
Quick ratio0.17
Cash Ratio0.10

Esports Entertainment Dividend FAQ

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