Grove Collaborative Holdings, Inc. operates as a plastic neutral consumer products retailer in the United States. It provides household cleaning, personal care, laundry, clean beauty, baby, and pet care products for households. The company is based in San Francisco, California.
Grove Collaborative Dividend Announcement
• Grove Collaborative does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Grove Collaborative dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
Grove Collaborative Dividend History
Grove Collaborative Dividend Yield
Grove Collaborative current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Grove Collaborative stock? Use our calculator to estimate your expected dividend yield:
Grove Collaborative Financial Ratios
P/E ratio-2.09
PEG ratio-0.02
P/B ratio1.93
ROE-133.58%
Payout ratio0.00%
Current ratio2.07
Quick ratio1.45
Cash Ratio1.28
Grove Collaborative Dividend FAQ
Does Grove Collaborative stock pay dividends?
Grove Collaborative does not currently pay dividends to its shareholders.
Has Grove Collaborative ever paid a dividend?
No, Grove Collaborative has no a history of paying dividends to its shareholders. Grove Collaborative is not known for its dividend payments.
Why doesn't Grove Collaborative pay dividends?
There are several potential reasons why Grove Collaborative 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.
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 Grove Collaborative 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 Grove Collaborative 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 Grove Collaborative a dividend aristocrat?
Grove Collaborative 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 Grove Collaborative a dividend king?
Grove Collaborative 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 Grove Collaborative a dividend stock?
No, Grove Collaborative 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 Grove Collaborative stocks?
To buy Grove Collaborative 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 Grove Collaborative 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.
Place an order: Use the brokerage's trading platform to place an order to buy Grove Collaborative 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.