Table of Contents

company-logo

CleanSpark, Inc. provides bitcoin mining and energy technology solutions worldwide. It operates in two segments, Digital Currency Mining and Energy. The Digital Currency Mining segment engages in mining of bitcoin. The energy segment provides engineering, design and software, custom hardware, open automated demand response, solar, and energy storage solutions for microgrids and distributed energy systems to military, commercial, and residential customers; and develops platforms that enables designing, building, operating, and managing of energy assets. This segment also offers microgrid energy modeling, energy market communications, and energy management solutions comprising mPulse and mVoult, which are control platforms that enables integration and optimization of multiple energy sources; Canvas, a middleware for grid operators and aggregators to administrate load shifting programs; Plaid, a middleware for controls and Internet-of-Things products companies to participate in load shifting programs; and mVSO, an energy modeling software for internal microgrid design, as well as owns gasification energy technologies for various applications, such as feedstock for the generation of di-methyl ether. In addition, it provides design, software development, and other technology-based consulting services; data center services, including rack space, power, and equipment; and various cloud services, such as virtual, virtual storage, and data backup services. The company was formerly known as Stratean Inc. and changed its name to CleanSpark, Inc. in November 2016. CleanSpark, Inc. was incorporated in 1987 and is headquartered in Henderson, Nevada.

CleanSpark Dividend Announcement

• CleanSpark announced a annually dividend of $0.12 per ordinary share which will be made payable on . Ex dividend date: 2021-06-21
• CleanSpark's trailing twelve-month (TTM) dividend yield is -%
• CleanSpark's payout ratio for the trailing twelve months (TTM) is -2.16%

CleanSpark Dividend History

Ex-Div dateDividend amountDividend typePay date
2021-06-21$0.12annually

CleanSpark Dividend per year

CleanSpark Dividend Yield

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

CleanSpark Financial Ratios

P/E ratio-16.20
PEG ratio-4.35
P/B ratio1.83
ROE-14.56%
Payout ratio-2.16%
Current ratio8.94
Quick ratio8.92
Cash Ratio1.93

CleanSpark Dividend FAQ

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