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AoFrio Limited manufactures, markets, and sells energy saving and electronically commutated motors, controllers, and fans; and develops Internet of Things (IoT) solutions worldwide. It offers Connect SCS controller, an intelligent electronic thermostat and energy management device for commercial refrigeration systems; Connect Track, a SCS solution that allows to track the fleet through mobile; Connect Monitor, a battery powered and retrofittable refrigeration and freezer monitoring sensor with marketing beacons; Connect Network Pro, an IoT network hub; Connect Field, which helps to manages old and new coolers; Connect Retailer that provides control of in store coolers to the retailer; and Connect Insight, which offers analysis of system data. The company also provides Connect Cloud that offers insight at fleet, regional, and local levels; Connect Beacon for interaction with customers; and Connect Marketing Cloud that provides customer engagement marketing. In addition, it offers iProximity solutions, such as Screen-Smarts, which integrates with digital media screens to detect the presence of customers; Q-Tag asset tracking, a device that enables contactless communications, and tracks the location of their assets; and iPX Platform, a cloud-based management platform that allows brands to create and manage campaigns, as well as helps to gather insights about customer behavior. Further, the company provides refrigeration fan motors and accessories, such as ECR motors and motor accessories, as well as motor customization and programming services. It serves soft drinks, beer and alcoholic beverages, dairy and ice cream, food service, supermarket and convenience, and refrigeration OEM partnerships industries. The company was formerly known as Wellington Drive Technologies Limited and changed its name to AoFrio Limited in September 2022. AoFrio Limited was incorporated in 1986 and is headquartered in Auckland, New Zealand.

AoFrio Dividend Announcement

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

AoFrio Dividend History

AoFrio Dividend Yield

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

AoFrio Financial Ratios

P/E ratio-21.48
PEG ratio-0.66
P/B ratio2.74
ROE-12.32%
Payout ratio0.00%
Current ratio1.08
Quick ratio0.75
Cash Ratio0.06

AoFrio Dividend FAQ

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