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FansUnite Entertainment Inc. operates as a sports and entertainment company. It focuses on technology related to regulated and lawful online sports betting, esports betting, casino, and other related products. The company also offers MCbookie sportsbook, a sports betting services that focuses on Scottish sporting action; and VAMOS GG, an esports sportsbook and casino site platform. In addition, it provides white label solutions for esports, traditional sports, and casinos; and casino games under the ASKOTT games. The company was incorporated in 2018 and is headquartered in Vancouver, Canada.

FansUnite Entertainment Dividend Announcement

FansUnite Entertainment announced a annually dividend of $0.07 per ordinary share which will be made payable on . Ex dividend date: 2024-08-30
FansUnite Entertainment annual dividend for 2024 was $0.07
FansUnite Entertainment's trailing twelve-month (TTM) dividend yield is 9320.25%

FansUnite Entertainment Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-30$0.07annually

FansUnite Entertainment Dividend per year

FansUnite Entertainment Dividend Yield

FansUnite Entertainment current trailing twelve-month (TTM) dividend yield is 9320.25%. Interested in purchasing FansUnite Entertainment stock? Use our calculator to estimate your expected dividend yield:

FansUnite Entertainment Financial Ratios

P/E ratio-0.02
PEG ratio-0.00
P/B ratio0.01
ROE-40.71%
Payout ratio0.00%
Current ratio2.05
Quick ratio2.05
Cash Ratio0.09

FansUnite Entertainment Dividend FAQ

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