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Locafy Limited operates as a software-as-a-service company (SaaS) that specializes in local search engine marketing in Australia, Europe, the United States, and internationally. It focuses on commercializing its SaaS online publishing technology platform that comprises an integrated suite of solutions, such as listings, landing pages, locators, and marketplace for improving the local online presence for business owners. The company's platform publishes content to various devices that uses a web browser to display web content, as well as programmatically optimizes the published content for local search. It offers its solutions directly to customers, as well as through reseller channels comprising digital agencies and search engine optimization freelancers. The company was formerly known as Moboom Limited and changed its name to Locafy Limited in January 2021. Locafy Limited was incorporated in 2009 and is headquartered in Subiaco, Australia.

Locafy Dividend Announcement

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

Locafy Dividend Yield

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

Locafy Financial Ratios

P/E ratio-5.91
PEG ratio0.05
P/B ratio3.22
ROE-59.06%
Payout ratio0.00%
Current ratio0.92
Quick ratio0.92
Cash Ratio0.17

Locafy Dividend FAQ

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