Table of Contents

company-logo

Good Drinks Australia Limited engages in brewing, packaging, marketing, and selling beer, cider, and other beverages. It operates in two segments, Core and Hospitality. The company offers its products under the Gage Roads, Matso's, Atomic, Alby, Hello Sunshine, San Miguel, Miller, Coors, and Magners brands. It is also involved in the operation of hospitality venues, as well as agency business. The company was formerly known as Gage Roads Brewing Co. Limited and changed its name to Good Drinks Australia Ltd in November 2020. Good Drinks Australia Limited was incorporated in 2002 and is based in Palmyra, Australia.

Good Drinks Australia Dividend Announcement

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

Good Drinks Australia Dividend History

Good Drinks Australia Dividend Yield

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

Good Drinks Australia Financial Ratios

P/E ratio-17.50
PEG ratio-0.87
P/B ratio0.64
ROE-3.54%
Payout ratio0.00%
Current ratio0.96
Quick ratio0.74
Cash Ratio0.15

Good Drinks Australia Dividend FAQ

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