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Ballard Power Systems Inc. engages in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products. The company offers its products for power product markets, consisting of heavy-duty motives, such as bus, truck, rail, and marine applications; material handling; and backup power. It also provides technology solutions, including engineering and technology transfer, as well as licenses and sells intellectual property portfolio and fundamental knowledge for various PEM fuel cell applications; and hydrogen fuel cell powertrain and vehicle systems integration solutions. It operates in China, Germany, the United States, the United Kingdom, Canada, Denmark, Norway, Belgium, Japan, France, Spain, Taiwan, Poland, India, Ukraine, Sweden, and internationally. The company has a strategic alliance with Linamar Corporation for the co-development and sale of fuel cell powertrains and components for class 1 and 2 vehicles in North America and Europe. Ballard Power Systems Inc. was founded in 1979 and is headquartered in Burnaby, Canada.

Ballard Power Systems Dividend Announcement

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

Ballard Power Systems Dividend History

Ballard Power Systems Dividend Yield

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

Ballard Power Systems Financial Ratios

P/E ratio-1.22
PEG ratio-0.72
P/B ratio0.56
ROE-37.11%
Payout ratio0.00%
Current ratio9.01
Quick ratio8.19
Cash Ratio7.71

Ballard Power Systems Dividend FAQ

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