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Globavend Holdings Limited, through its subsidiary, provides integrated cross-border logistics services and air freight forwarding services in Hong Kong, Australia, and New Zealand. Its services include parcel consolidation, air freight forwarding, customs clearance, on-carriage parcel transportation, and delivery. It serves e-commerce merchants and operators of e-commerce platforms. The company was founded in 2016 and is based in Perth, Australia. Globavend Holdings Limited operates as subsidiary of Globavend Investments Limited.

Globavend Dividend Announcement

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

Globavend Dividend History

Globavend Dividend Yield

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

Globavend Financial Ratios

P/E ratio11.51
PEG ratio0.12
P/B ratio24.70
ROE153.77%
Payout ratio91.06%
Current ratio1.03
Quick ratio0.68
Cash Ratio0.14

Globavend Dividend FAQ

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