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Byrna Technologies Inc., a less-lethal defense technology company, develops and manufactures less-lethal munitions. It offers a Byrna line of handheld personal security devices, including the Byrna SD and Byrna SD .68 caliber handheld personal security devices that are designed to be used by civilians and private security professionals, as well as Byrna HD magazines, shoulder-fired launchers, and projectiles. The company also offers accessories and related safety products, including the Byrna Banshee, Byrna Shield, compressed carbon dioxide canisters, sighting systems, holsters, and Byrna-branded apparels. It operates in the United States and South Africa. The company was formerly known as Security Devices International, Inc. and changed its name to Byrna Technologies Inc. in March 2020. Byrna Technologies Inc. was incorporated in 2005 and is headquartered in Andover, Massachusetts.

Byrna Technologies Dividend Announcement

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

Byrna Technologies Dividend History

Byrna Technologies Dividend Yield

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

Byrna Technologies Financial Ratios

P/E ratio198.66
PEG ratio-9.14
P/B ratio10.21
ROE5.22%
Payout ratio0.00%
Current ratio3.51
Quick ratio1.93
Cash Ratio1.60

Byrna Technologies Dividend FAQ

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