Hosting » GoDaddy » Does GoDaddy pay dividends?

Does GoDaddy pay dividends?

Last updated on September 25, 2022 @ 4:42 pm

GoDaddy, Inc. (NAsdaq:GDDY) is an American web hosting and domain name registrar founded in 1997. The company provides a variety of web hosting, domain name registration, and cloud services.

GoDaddy also offers a suite of tools for small business owners and entrepreneurs, including a website builder and a e-commerce platform. In addition to its web hosting and domain name services, GoDaddy also offers a range of advertising services, including web advertising, display advertising, and online marketing.

As of November 30, 2017, GoDaddy had a market capitalization of $4.15 billion. The company has paid a quarterly dividend since 2002, and has increased its dividend every year for the past decade.

PRO TIP: There is no definitive answer to this question as it depends on a number of factors, including the financial stability of the company and the board of directors’ decision on whether or not to distribute dividends. As such, investors should exercise caution before investing in GoDaddy shares expecting to receive dividend payments.

As of November 30, 2017, GoDaddy had paid out a total of $7.3 billion in dividends.

GoDaddy has a B+ rating from S&P. The company has a long-term debt to equity ratio of 2.4, indicating that GoDaddy is debt-free. In addition, the company has a return on equity of 30.

4% and a net income margin of 24.2%.

Based on these factors, it can be concluded that GoDaddy pays dividends.

Morgan Bash

Morgan Bash

Technology enthusiast and Co-Founder of Women Coders SF.