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Fitell Corporation, through its subsidiary GD Wellness Pty Ltd, operates as an online retailer of gym and fitness equipment for personal training studios and commercial gyms chains in Australia and Southeast Asia. The company sells fitness equipment, such as home gym and commercial strength-training equipment; and cardio equipment, including rowing machines, exercise bikes, and treadmills under the Muscle Motion, Rapid Motion, and FleetX brand names. It also engages in the boutique fitness clubs licensing business. The company sells its products through department stores and e-commerce companies. Fitell Corporation was founded in 2007 and is headquartered in Taren Point, Australia. Fitell Corporation operates as a subsidiary of SKMA Capital and Investment Ltd.

Fitell Dividend Announcement

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

Fitell Dividend History

Fitell Dividend Yield

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

Fitell Financial Ratios

P/E ratio-84.97
PEG ratio-5.95
P/B ratio39.57
ROE-47.47%
Payout ratio0.00%
Current ratio4.22
Quick ratio3.08
Cash Ratio0.44

Fitell Dividend FAQ

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