Palace Capital plc is a real estate investment firm specializing in investment in entities operating in the property sector. It seeks to invest in United Kingdom. Palace Capital plc is based in London, the United Kingdom.
Palace Capital Dividend Announcement
• Palace Capital announced a quarterly dividend of £3.75 per ordinary share which will be made payable on 2024-10-25. Ex dividend date: 2024-09-26
• Palace Capital annual dividend for 2024 was £11.25
• Palace Capital annual dividend for 2023 was £3.75
• Palace Capital's trailing twelve-month (TTM) dividend yield is 5.09%
• Palace Capital's payout ratio for the trailing twelve months (TTM) is 18.71%
• Palace Capital's dividend growth over the last five years (2018-2023) was -27.71% year
Palace Capital Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-26 | £3.75 | quarterly | 2024-10-25 |
| 2024-07-25 | £3.75 | quarterly | 2024-08-23 |
| 2024-03-21 | £3.75 | quarterly | |
| 2023-03-23 | £3.75 | quarterly | |
| 2022-12-22 | £3.75 | quarterly | 2023-01-13 |
| 2022-09-22 | £3.75 | quarterly | 2022-10-14 |
| 2022-06-30 | £3.75 | quarterly | 2022-08-05 |
| 2022-03-24 | £3.25 | quarterly | 2022-04-15 |
| 2021-12-09 | £3.25 | quarterly | 2021-12-31 |
| 2021-09-23 | £3.00 | quarterly | 2021-10-15 |
| 2021-07-01 | £3.00 | quarterly | 2021-08-05 |
| 2021-03-18 | £2.50 | quarterly | 2021-04-09 |
| 2020-12-10 | £2.50 | quarterly | 2020-12-31 |
| 2020-09-24 | £2.50 | quarterly | 2020-10-16 |
| 2020-07-23 | £2.50 | quarterly | 2020-08-14 |
| 2020-03-19 | £4.75 | quarterly | 2020-04-09 |
| 2019-12-05 | £4.75 | quarterly | 2019-12-27 |
| 2019-09-26 | £4.75 | quarterly | 2019-10-18 |
| 2019-06-13 | £4.75 | quarterly | 2019-07-13 |
| 2019-03-21 | £4.75 | quarterly | 2019-04-12 |
| 2018-12-06 | £4.75 | quarterly | 2018-12-28 |
| 2018-10-04 | £4.75 | quarterly | 2018-10-19 |
| 2018-07-05 | £4.75 | quarterly | 2018-07-31 |
| 2018-03-22 | £4.75 | quarterly | 2018-04-13 |
| 2017-12-07 | £9.50 | quarterly | 2017-12-29 |
| 2017-07-06 | £9.50 | quarterly | 2017-07-28 |
| 2016-12-08 | £9.00 | quarterly | 2016-12-30 |
| 2016-07-07 | £9.00 | quarterly | 2016-07-29 |
| 2015-12-10 | £7.00 | quarterly | 2015-12-30 |
| 2015-07-09 | £7.00 | quarterly | 2015-07-31 |
| 2014-12-04 | £6.00 | quarterly | 2014-12-30 |
| 2014-07-09 | £2.50 | quarterly | 2014-07-31 |
| 2014-04-02 | £2.00 | quarterly | 2014-05-07 |
Palace Capital Dividend per year
Palace Capital Dividend growth
Palace Capital Dividend Yield
Palace Capital current trailing twelve-month (TTM) dividend yield is 5.09%. Interested in purchasing Palace Capital stock? Use our calculator to estimate your expected dividend yield:
Palace Capital Financial Ratios
P/E ratio2.56
PEG ratio2.56
P/B ratio0.85
ROE31.11%
Payout ratio18.71%
Current ratio7.06
Quick ratio5.23
Cash Ratio4.47
Palace Capital Dividend FAQ
Does Palace Capital stock pay dividends?
Palace Capital does not currently pay dividends to its shareholders.
Has Palace Capital ever paid a dividend?
No, Palace Capital has no a history of paying dividends to its shareholders. Palace Capital is not known for its dividend payments.
Why doesn't Palace Capital pay dividends?
There are several potential reasons why Palace Capital 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 Palace Capital 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 Palace Capital 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 Palace Capital a dividend aristocrat?
Palace Capital 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 Palace Capital a dividend king?
Palace Capital 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 Palace Capital a dividend stock?
No, Palace Capital 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 Palace Capital stocks?
To buy Palace Capital 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 Palace Capital 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 Palace Capital 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.