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Astrocast SA, an Internet of Things (IoT) focused nanosatellite company, provides satellite IoT connectivity services to track, monitor, manage, and communicate with assets in remote regions worldwide. Its products portfolio includes the Astronode S, a bidirectional satellite communication module for connecting IoT devices to the Astrocast nanosatellite network; Astronode S+, a ready-to-install satellite communication device; Astronode DevKit, which has the Astronode S architecture that enables to connect your assets to the Astrocast nanosatellite network; and Patch Antenna, a miniaturized antenna designed for communication with Astrocast's constellation of IoT satellites in LEO. The company also offers Astrocast Portal that allows customers to manage their Astronode S modules and devices through a web application; and Astrocast API, which allows customers to manage their Astronode S modules and devices, retrieve messages received from their assets, and send commands back through a secure REST API built on standard JSON messages. It serves various industries, such as agriculture and livestock; environment and utilities; maritime; land transport; mining; and oil and gas. Astrocast SA was incorporated in 2014 and is based in Chavannes-Renens, Switzerland.

Astrocast Dividend Announcement

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

Astrocast Dividend History

Astrocast Dividend Yield

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

Astrocast Financial Ratios

P/E ratio-0.03
PEG ratio-0.04
P/B ratio0.21
ROE-151.29%
Payout ratio0.00%
Current ratio0.21
Quick ratio0.20
Cash Ratio0.01

Astrocast Dividend FAQ

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