company-logo

TasFoods Limited processes, manufactures, and sells Tasmanian-made food products in Australia and internationally. The company operates through Dairy and Poultry segments. It offers poultry meat products under the Nichols Poultry, Nichols Ethical Free Range, Isle & Sky, and Nichols Kitchen brands; and wasabi flowers and leaves, as well as fresh wasabi stems and powdered wasabi. The company also provides fresh milk, cheese, cream, butter, and fresh fermented products under the Meander Valley Dairy, Pyengana Dairy, Real Milk, Robur Farm Dairy, Betta Milk, and Tassie Taste brands. In addition, it operates a cafe and retail shop, as well as markets its products through online stores and websites. The company was incorporated in 1998 and is based in Launceston, Australia.

TasFoods Dividend Announcement

TasFoods announced a annually dividend of A$0.09 per ordinary share which will be made payable on 2015-03-20. Ex dividend date: 2015-02-19
TasFoods's trailing twelve-month (TTM) dividend yield is -%

TasFoods Dividend History

Ex-Div dateDividend amountDividend typePay date
2015-02-19A$0.09annually2015-03-20

TasFoods Dividend per year

TasFoods Dividend Yield

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

TasFoods Financial Ratios

P/E ratio-1.02
PEG ratio0.02
P/B ratio0.48
ROE-38.38%
Payout ratio0.00%
Current ratio0.98
Quick ratio0.49
Cash Ratio0.08

TasFoods Dividend FAQ

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