Growth stock

May 1, 2019 by  
Filed under Nigeria Stock Exchange

A stock which typically does not pay a dividend, as the company declares its choice to reinvest earnings in capital projects. In the US, for example, most technology companies are segmented as growth stocks. Currently in Nigeria, a company with a 5-year average dividend payout of < 30% of earnings is classified as a growth stock.


One Response to “Growth stock”
  1. slots house of fun tiki torch slots free slots of vegas instant play slots garden casino

Speak Your Mind

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!