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WasteCo Group Limited, engages in the provision of waste and recycling, industrial cleaning, and environmental services solutions in New Zealand. The company offers skips, wheelie bins, septic tank cleaning, portaloo hire, front load and hook bins, and road sweeping, as well as dust free sweeping and scrubbing, septic cleaning, cardboard balers, and landfill management services for household, commercial, industrial cleaning, and council purpose. It also provides safety management training. WasteCo Group Limited was incorporated in 2010 and is based in Christchurch, New Zealand.

WasteCo Dividend Announcement

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

WasteCo Dividend Yield

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

WasteCo Financial Ratios

P/E ratio-4.89
PEG ratio-0.05
P/B ratio1.40
ROE-27.35%
Payout ratio0.00%
Current ratio0.55
Quick ratio0.53
Cash Ratio0.10

WasteCo Dividend FAQ

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