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GrowGeneration Corp., through its subsidiaries, owns and operates retail hydroponic and organic gardening stores in the United States. It engages in the marketing and distribution of nutrients, growing media, advanced indoor and greenhouse lighting, environmental control systems, vertical benching, and accessories for hydroponic gardening, as well as other indoor and outdoor growing products. The company serves commercial and urban cultivators growing specialty crops, including organics, greens, and plant-based medicines. As of March 01, 2022, it operated a chain of 63 stores, which includes 23 in California, 8 in Colorado, 7 in Michigan, 5 in Maine, 6 in Oklahoma, 4 in Oregon, 3 in Washington, 2 in Nevada, 1 in Arizona, 1 in Rhode Island, 1 in Florida, 1 in Massachusetts, and 1 in New Mexico, as well as growgeneration.com, an online superstore for cultivators. The company was formerly known as Easylife Corp. GrowGeneration Corp. was founded in 2008 and is based in Greenwood Village, Colorado.

GrowGeneration Dividend Announcement

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

GrowGeneration Dividend History

GrowGeneration Dividend Yield

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

GrowGeneration Financial Ratios

P/E ratio-2.11
PEG ratio0.01
P/B ratio0.79
ROE-33.55%
Payout ratio0.00%
Current ratio5.00
Quick ratio3.04
Cash Ratio1.12

GrowGeneration Dividend FAQ

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