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Growens S.p.A., together with its subsidiaries, engages in the cloud marketing technology business in Italy, other European countries, the Americas, and Asia. It operates through E-mail Marketing, Mobile Marketing/Messaging, and Marketing Automation Segments. The company is involved in the development and sale of technologies for the mass sending of e-mails and mobile messaging through the SMS channel for marketing and transaction purposes. It also provides e-mail and newsletter editing tools; marketing technology solutions; and professional consulting services. In addition, the company offers MailUp, a platform that offers data presentation tools, including statistics for engagement that presents statistical data to help users enhance the effectiveness of their campaigns through e-mail and then to take corrective actions to enhance the performance of future campaigns, as well as the multi-list dashboard feature, which is a summary tool to have an immediate overview of the progress of campaigns. Further, it provides BEE, a drag-and-drop editor for e-mails and landing pages; Acumbamail, a Spanish e-mail marketing platform, which allows the creation, sending, and management of multi-channel marketing campaign; and Datatrics platform, which allows the marketing teams to build experiences based on data managed by artificial intelligence. The company was formerly known as Mailup S.p.A. and changed its name to Growens S.p.A. in April 2021. Growens S.p.A. was founded in 2002 and is headquartered in Milan, Italy.

Growens Dividend Announcement

• Growens announced a semi annually dividend of €0.79 per ordinary share which will be made payable on 2024-09-04. Ex dividend date: 2024-09-02
• Growens annual dividend for 2024 was €1.58
• Growens's trailing twelve-month (TTM) dividend yield is 26.96%
• Growens's payout ratio for the trailing twelve months (TTM) is 8.43%

Growens Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-02€0.79semi annually2024-09-04
2024-05-06€0.79semi annually2024-05-08

Growens Dividend per year

Growens Dividend Yield

Growens current trailing twelve-month (TTM) dividend yield is 26.96%. Interested in purchasing Growens stock? Use our calculator to estimate your expected dividend yield:

Growens Financial Ratios

P/E ratio0.63
PEG ratio0.02
P/B ratio2.10
ROE256.95%
Payout ratio8.43%
Current ratio1.49
Quick ratio1.49
Cash Ratio0.62

Growens Dividend FAQ

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