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Credit Acceptance Corporation provides financing programs, and related products and services to independent and franchised automobile dealers in the United States. The company advances money to dealers in exchange for the right to service the underlying consumer loans; and buys the consumer loans from the dealers and keeps various amounts collected from the consumers. It is also involved in the business of reinsuring coverage under vehicle service contracts sold to consumers by dealers on vehicles financed by the company. The company was founded in 1972 and is headquartered in Southfield, Michigan.

Credit Acceptance Dividend Announcement

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

Credit Acceptance Dividend History

Credit Acceptance Dividend Yield

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

Credit Acceptance Financial Ratios

P/E ratio32.02
PEG ratio1.68
P/B ratio3.69
ROE11.48%
Payout ratio0.00%
Current ratio23.40
Quick ratio23.40
Cash Ratio1.96

Credit Acceptance Dividend FAQ

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