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Agrify Corporation develops precision hardware and software cultivation and extraction solutions for the cannabis and hemp industry in the United States. The company offers vertical farming units and Agrify Insights Software-as-a-Service software; integrated grow racks and LED grow lights; and non-proprietary products designed, engineered, and manufactured by third parties, such as air cleaning systems and pesticide-free surface protection products. It also provides associated services comprising consulting, engineering, and construction. The company was formerly known as Agrinamics, Inc. and changed its name to Agrify Corporation in September 2019. Agrify Corporation was incorporated in 2016 and is headquartered in Billerica, Massachusetts.

Agrify Dividend Announcement

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

Agrify Dividend History

Agrify Dividend Yield

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

Agrify Financial Ratios

P/E ratio-14.44
PEG ratio0.02
P/B ratio7.91
ROE47.52%
Payout ratio0.00%
Current ratio0.82
Quick ratio0.09
Cash Ratio0.00

Agrify Dividend FAQ

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