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Groove Botanicals (Groove Botanicals) Forward Dividend Yield % : 0.00% (As of Jun. 09, 2024)


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What is Groove Botanicals Forward Dividend Yield %?

As of today (2024-06-09), the Forward Annual Dividend Yield of Groove Botanicals is 0.00%.

As of today (2024-06-09), the Trailing Annual Dividend Yield of Groove Botanicals is 0.00%.

GRVE's Forward Dividend Yield % is not ranked *
in the Oil & Gas industry.
Industry Median: 4.47
* Ranked among companies with meaningful Forward Dividend Yield % only.

Groove Botanicals's Dividends per Share for the six months ended in Sep. 2023 was $0.00.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Groove Botanicals's Forward Dividend Yield %

For the Oil & Gas E&P subindustry, Groove Botanicals's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Groove Botanicals's Forward Dividend Yield % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Groove Botanicals's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Groove Botanicals's Forward Dividend Yield % falls into.



Groove Botanicals Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.


Groove Botanicals  (OTCPK:GRVE) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Groove Botanicals Forward Dividend Yield % Related Terms

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Groove Botanicals (Groove Botanicals) Business Description

Traded in Other Exchanges
N/A
Address
310 Fourth Avenue South, Suite 7000, Minneapolis, MN, USA, 55415
Groove Botanicals Inc is Nevada Based corporation which is a publicly quoted independent oil and gas producer.
Executives
Utek Corp 10 percent owner 2109 PALM AVENUE, TAMPA FL 33605

Groove Botanicals (Groove Botanicals) Headlines

From GuruFocus

Groove Botanicals Shareholder Update

By PRNewswire PRNewswire 06-15-2018