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ASGN Incorporated provides information technology services and professional solutions in the technology, digital, and creative fields for commercial and government sectors in the United States. It operates through two segments: Commercial and Federal Government. The Commercial Segment provides consulting, creative digital marketing, and permanent placement services primarily to Fortune 1000 and mid-market clients. This segment also offers workforce mobilization, modern enterprise, and digital innovation IT consulting services; and cloud, data and analytics, and digital transformation solutions. The Federal Government Segment provides mission-critical solutions to the department of defense, intelligence agencies, and civilian agencies. This segment offers cloud, cybersecurity, artificial intelligence, machine learning, application and IT modernization, and science and engineering solutions. The company was formerly known as On Assignment, Inc. and changed its name to ASGN Incorporated in April 2018. ASGN Incorporated was incorporated in 1985 and is based in Glen Allen, Virginia.

ASGN Dividend Announcement

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

ASGN Dividend Yield

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

ASGN Financial Ratios

P/E ratio22.67
PEG ratio-0.52
P/B ratio2.34
ROE9.98%
Payout ratio10.32%
Current ratio0.34
Quick ratio2.17
Cash Ratio0.34

ASGN Dividend FAQ

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