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Planet Fitness, Inc., together with its subsidiaries, franchises and operates fitness centers under the Planet Fitness brand. It operates through Franchise, Corporate-Owned Stores, and Equipment segments. The Franchise segment is involved in franchising business in the United States, Puerto Rico, Canada, Panama, Mexico, and Australia. The Corporate-Owned Stores segment operates corporate-owned stores in the United States and Canada. The Equipment segment engages in the sale of fitness equipment to franchisee-owned stores in the United States and Canada. As of December 31,2021, the company had 2,254 stores in 50 states, the District of Columbia, Puerto Rico, Canada, Panama, Mexico, and Australia. Planet Fitness, Inc. was founded in 1992 and is headquartered in Hampton, New Hampshire.

Planet Fitness Dividend Announcement

• Planet Fitness announced a annually dividend of $2.78 per ordinary share which will be made payable on 2016-12-05. Ex dividend date: 2016-11-18
• Planet Fitness's trailing twelve-month (TTM) dividend yield is -%
• Planet Fitness's payout ratio for the trailing twelve months (TTM) is 1.39%

Planet Fitness Dividend History

Ex-Div dateDividend amountDividend typePay date
2016-11-18$2.78annually2016-12-05

Planet Fitness Dividend per year

Planet Fitness Dividend Yield

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

Planet Fitness Financial Ratios

P/E ratio52.94
PEG ratio0.97
P/B ratio-31.89
ROE-80.57%
Payout ratio1.39%
Current ratio1.94
Quick ratio1.93
Cash Ratio1.04

Planet Fitness Dividend FAQ

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