CompoSecure, Inc. manufactures and designs metal, plastic, composite ID, and proprietary financial transaction cards in the United States and internationally. Its primary metal form factors include embedded, metal veneer lite, metal veneer, and full metal products. The company also offers Arculus Cold Storage Wallet, a three-factor authentication solution, which comprise the Arculus Key card Cold Storage hardware device and companion Arculus Wallet mobile App to keep the Private Key in the Arculus Key card highly secure and store cryptocurrency and digital assets. It serves financial institutions, plastic card manufacturers, government agencies, system integrators, and security specialists. The company was founded in 1910 and is based in Somerset, New Jersey.
CompoSecure Dividend Announcement
• CompoSecure announced a annually dividend of $0.30 per ordinary share which will be made payable on 2024-06-11. Ex dividend date: 2024-05-17
• CompoSecure annual dividend for 2024 was $0.30
• CompoSecure's trailing twelve-month (TTM) dividend yield is 2.0%
• CompoSecure's payout ratio for the trailing twelve months (TTM) is 31.87%
CompoSecure Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-17 | $0.30 | annually | 2024-06-11 |
CompoSecure Dividend per year
CompoSecure Dividend Yield
CompoSecure current trailing twelve-month (TTM) dividend yield is 2.0%. Interested in purchasing CompoSecure stock? Use our calculator to estimate your expected dividend yield:
CompoSecure Financial Ratios
CompoSecure Dividend FAQ
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.
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