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Trinity Place Holdings Inc. operates as a real estate holding, investment, development, and asset management company in the United States. The company's principal asset is located at 77 Greenwich Street in Lower Manhattan. It also owns a property occupied by a retail tenant in Paramus, New Jersey. The company also controls various intellectual property assets focused on the consumer sector, including FilenesBasement.com, its rights to the Stanley Blacker brand, as well as the intellectual property associated with the running of the Brides event and An Educated Consumer. Trinity Place Holdings Inc. was founded in 1959 and is headquartered in New York, New York.

Trinity Place Dividend Announcement

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

Trinity Place Dividend History

Trinity Place Dividend Yield

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

Trinity Place Financial Ratios

P/E ratio-0.89
PEG ratio-0.21
P/B ratio2.82
ROE461.62%
Payout ratio0.00%
Current ratio1.10
Quick ratio1.10
Cash Ratio0.39

Trinity Place Dividend FAQ

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