PointsBet Holdings Limited provides sports, racing, and iGaming betting products and services through its cloud-based technology platform in Australia and New Jersey. The company operates through Australian Trading, Canada Trading, Technology, and United States Trading segments. It also engages in the provision of gaming support, pari-mutuel advanced deposit wagering, and business-to-business services, as well as in the retail sports betting and software development activities. The company was founded in 2015 and is headquartered in Cremorne, Australia.
PointsBet Dividend Announcement
• PointsBet announced a annually dividend of $0.25 per ordinary share which will be made payable on 2024-05-16. Ex dividend date: 2024-04-30
• PointsBet annual dividend for 2024 was $0.25
• PointsBet annual dividend for 2023 was $0.64
• PointsBet's trailing twelve-month (TTM) dividend yield is 30.79%
PointsBet Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-04-30 | $0.25 | annually | 2024-05-16 |
2023-09-06 | $0.64 | annually | 2023-09-22 |
PointsBet Dividend per year
PointsBet Dividend Yield
PointsBet current trailing twelve-month (TTM) dividend yield is 30.79%. Interested in purchasing PointsBet stock? Use our calculator to estimate your expected dividend yield:
PointsBet Financial Ratios
PointsBet Dividend FAQ
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.
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