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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 dateDividend amountDividend typePay date
2024-04-30$0.25annually2024-05-16
2023-09-06$0.64annually2023-09-22

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

P/E ratio-2.78
PEG ratio0.02
P/B ratio8.46
ROE-69.05%
Payout ratio0.00%
Current ratio0.81
Quick ratio0.81
Cash Ratio0.69

PointsBet Dividend FAQ

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