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FGI Industries ltd. supplies kitchen and bath products in the United States, Canada, and Europe. The company sells sanitaryware products, such as toilets, sinks, pedestals, and toilet seats; wood and wood-substitute furniture for bathrooms, including vanities, mirrors, laundry, medicine cabinets, and other storage systems; shower systems; and customer kitchen cabinetry and other accessory items under the Foremost, avenue, contrac, Jetcoat, rosenberg, and Covered Bridge Cabinetry brand names. It sells its products through mass retail centers, wholesale and commercial distributors, online retailers, independent dealers, and distributors. The company was incorporated in 2021 and is headquartered in East Hanover, New Jersey. FGI Industries Ltd. is a subsidiary of Foremost Groups Ltd.

FGI Industries Dividend Announcement

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

FGI Industries Dividend History

FGI Industries Dividend Yield

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

FGI Industries Financial Ratios

P/E ratio14.17
PEG ratio0.23
P/B ratio0.42
ROE2.94%
Payout ratio0.00%
Current ratio1.40
Quick ratio1.02
Cash Ratio0.04

FGI Industries Dividend FAQ

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