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Legacy Housing Corporation builds, sells, and finances manufactured homes and tiny houses primarily in the southern United States. The company manufactures and provides for the transport of mobile homes; and offers wholesale financing to dealers and mobile home parks, as well as a range of homes, including 1 to 5 bedrooms with 1 to 3 1/2 bathrooms. It also provides floor plan financing for independent retailers; consumer financing for its products; and financing to manufactured housing community owners that buy its products for use in their rental housing communities. In addition, it involved in financing and developing new manufactured home communities; and retail financing to consumers. The company markets its homes under the Legacy brand through a network of 176 independent and 13 company-owned retail locations, as well as direct sales to owners of manufactured home communities in 15 states in the United States. Legacy Housing Corporation was founded in 2005 and is headquartered in Bedford, Texas.

Legacy Housing Dividend Announcement

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

Legacy Housing Dividend History

Legacy Housing Dividend Yield

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

Legacy Housing Financial Ratios

P/E ratio11.48
PEG ratio0.21
P/B ratio1.30
ROE11.85%
Payout ratio0.00%
Current ratio3.47
Quick ratio2.57
Cash Ratio0.02

Legacy Housing Dividend FAQ

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