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CorVel Corporation provides workers' compensation, auto, liability, and health solutions for employers, third party administrators, insurance companies, and government agencies to assist them in managing the medical costs and monitoring the quality of care associated with healthcare claims. It applies technology, including artificial intelligence, machine learning, and natural language processing to enhance the managing of episodes of care and the related health care costs. The company offers network solutions services, including automated medical fee auditing, preferred provider management and reimbursement services, retrospective utilization review, facility claim review, professional review, pharmacy services, directed care services, Medicare solutions, clearinghouse services, independent medical examinations, and inpatient medical bill review. It also provides a range of patient management services, such as claims management, case management, 24/7 nurse triage, utilization management, vocational rehabilitation, and life care planning, as well as processing of claims for self-insured payors with respect to property and casualty insurance. The company was incorporated in 1987 and is headquartered in Fort Worth, Texas.

CorVel Dividend Announcement

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

CorVel Dividend History

CorVel Dividend Yield

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

CorVel Financial Ratios

P/E ratio76.92
PEG ratio15.05
P/B ratio22.18
ROE31.73%
Payout ratio0.00%
Current ratio1.71
Quick ratio1.71
Cash Ratio0.65

CorVel Dividend FAQ

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