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Tanfield Group PLC operates as an investment company. The company, through its 49% interest in Snorkel International Holdings LLC, produces self-propelled, towable, and push-around aerial lifts, including diesel and electric scissor lifts, mast lifts, telescopic boom lifts, and articulating booms. Tanfield Group PLC also, through its 5.76% interest in Smith Electric Vehicles Corp., designs and produces electric commercial vehicles for short haul urban fleets. The company was incorporated in 2000 and is based in Newcastle upon Tyne, the United Kingdom.

Tanfield Dividend Announcement

• Tanfield does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Tanfield dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Tanfield Dividend History

Tanfield Dividend Yield

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

Tanfield Financial Ratios

P/E ratio-22371.31
PEG ratio-58978.92
P/B ratio0.27
ROE-0.00%
Payout ratio0.00%
Current ratio68.24
Quick ratio68.24
Cash Ratio66.66

Tanfield Dividend FAQ

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