Table of Contents

company-logo

Allegro MicroSystems, Inc. designs, develops, manufactures, and markets sensor integrated circuits (ICs) and application-specific analog power ICs for motion control and energy-efficient systems. Its products include magnetic sensor ICs, such as position, speed, and current sensor ICs; power ICs comprising motor driver ICs, and regulator and LED driver ICs; and photonic and 3D sensing components, including photodiodes, eye-safe lasers, and readout ICs for LiDAR applications. The company sells its products to original equipment manufacturers and suppliers primarily in the automotive and industrial markets through its direct sales force, third party distributors, independent sales representatives, and consignment. It operates in the United States, rest of the Americas, Europe, Japan, Greater China, South Korea, and other Asian markets. The company was founded in 1990 and is headquartered in Manchester, New Hampshire. Allegro MicroSystems, Inc. is a subsidiary of Sanken Electric Co., Ltd.

Allegro MicroSystems Dividend Announcement

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

Allegro MicroSystems Dividend History

Allegro MicroSystems Dividend Yield

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

Allegro MicroSystems Financial Ratios

P/E ratio-160.87
PEG ratio-5.78
P/B ratio4.31
ROE-2.33%
Payout ratio0.00%
Current ratio4.22
Quick ratio2.80
Cash Ratio1.52

Allegro MicroSystems Dividend FAQ

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