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Step One Clothing Limited operates as a direct-to-consumer online retailer for men's underwear in the United Kingdom, the United States, and Australia. It offers men's underwear products, such as boxer briefs, trunks, and a boxer brief with a fly through its website, www.stepone.life. The company was incorporated in 2017 and is based in Surry Hills, Australia.

Step One Clothing Dividend Announcement

Step One Clothing announced a semi annually dividend of A$0.03 per ordinary share which will be made payable on 2024-09-13. Ex dividend date: 2024-08-26
Step One Clothing annual dividend for 2024 was A$0.07
Step One Clothing annual dividend for 2023 was A$0.05
Step One Clothing's trailing twelve-month (TTM) dividend yield is 5.17%
Step One Clothing's payout ratio for the trailing twelve months (TTM) is 110.14%

Step One Clothing Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-26A$0.03semi annually2024-09-13
2024-02-23A$0.04semi annually
2023-09-11A$0.05semi annually2023-09-25

Step One Clothing Dividend per year

Step One Clothing Dividend Yield

Step One Clothing current trailing twelve-month (TTM) dividend yield is 5.17%. Interested in purchasing Step One Clothing stock? Use our calculator to estimate your expected dividend yield:

Step One Clothing Financial Ratios

P/E ratio12.71
PEG ratio0.14
P/B ratio4.69
ROE36.53%
Payout ratio110.14%
Current ratio5.52
Quick ratio3.81
Cash Ratio2.62

Step One Clothing Dividend FAQ

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